Development
Security Properties Nabs $58M Property
The company acquired The Artessa Luxury Apartment Homes in Nashville metro area, a 250-unit property.
New Financing Tool for TODs
The new Regional Equitable Development Initiative Fund (REDI) will support affordable housing options located near public transit in metro Seattle, where low-cost apartments are increasingly hard to find.
Capital One Provides $118M Construction Loan for Yonkers Apartments
Consisting of more than 567,000 square feet, Larkin Plaza will offer 439 luxury apartment units, including 17 affordable units, divided between 25- and 17-story residential buildings.
Brickstone Unveils Plans for Class A+ Minneapolis Development
Currently an office building, the property was slated for redevelopment after Brickstone bought the property in August 2015.
Trammell Crow Partners with Prescient on 2 Denver Projects
Prescient is on track to complete 1.5 million square feet of projects by the end of 2016.
Bluerock Buys Atlanta Metro Apartments for $76M
The property, which was built in 2015, features one- and two-bedroom units averaging nearly 900 square feet.
LandSouth Begins Construction on $20M Senior Community
The general contractor started work on American House, a $20 million project in the City of Palms, Fla.
M&R Development Breaks Ground on Suburban Chicago Luxury TOD
Situated on well-trafficked Green Bay Road, the development will feature 6,200 square feet of ground-floor retail.
Flaherty & Collins Debuts $54M Community in St. Paul
The project features 248 studio units and one- and two-bedroom units, with 80 percent set for market rate and 20 percent affordable.
Bainbridge Nabs NC Site for Multifamily Project
The HFF team closed a $5 million sale for a 2-acre development site in Charlotte’s South End submarket.