Development
LCOR Lands $100.3M Construction Loan for TOD Project
LCOR secured a $100.3 million construction loan from Wells Fargo to begin the development of The Altaire in Crystal City, Va.
Terra, Partners Score $91M Loan For Eighty Seven Park
Terra and its partners secured construction financing for the 70-unit Miami luxury condo tower, marking designer Renzo Piano’s first U.S. residential building.
Boston Capital Invests in Affordable Housing for Kentucky Seniors
Boston Capital has invested in Easton place, a 32-unit apartment community for seniors in Bowling Green, Ky.
Kettler, Cornerstone Start Work on Suburban DC Apartments
The property will be 275-unit mid-rise apartment community.
LandSouth Construction Breaks Ground on 239-Unit Luxury Project
Alabama-based developer LIV Development has a new luxury apartment community underway in Lawrenceville, Ga.
Gilbane Begins Construction on 16-Story Student Housing Development
Gilbane has begun development on 30 East, a new apartment community in Chicago’s South Loop that is sure to attract students and millennials.
Related Beal Begins Work on Boston Affordable Housing Project
The development will include a 239-unit, 100 percent affordable and workforce building and hotel in central Boston.
LA Mayor Urged to Pledge 20,000 Affordable Units by 2019
According to the Coalition to Preserve L.A., new luxury communities are driving up the price of land.
Urban Asset Advisors Secures Financing for Couch 9 Project in Portland
HFF has secured a $41.6 million construction loan for Couch 9, a 136-unit Class A multifamily community in Portland’s Pearl District.
Carroll Organization Ends 2015 with Orlando Sale
Carroll Organization closed out 2015 with the sale of ARIUM Barber Park in Orlando, Fla., its first property in the Orlando market.