Development
Ingerman Closes on Land for Development of Affordable Community
Multifamily builder and manager Ingerman has announced that it has closed on a 2.6-acre property in Wood-Ridge, Bergen County, N.J., where it plans to construct a 104-unit affordable rental community.
PMG Announces Plans for Development at University Village in Chicago
Property Markets Group has announced its plans to develop a new $35 million residential project near the University of Illinois at Chicago campus in the University Village neighborhood.
L+M Development Opens Final Phase of Candlestick Heights
Affordable housing developer L+M Development Partners recently announced the official opening of the long-stalled Candlestick Heights affordable housing community in San Francisco’s Bayview Neighborhood.
Pre-Leasing Commences at New Vernon Hills, Ill., Luxury Community
REVA Development Partners has announced that is has started pre-leasing for its 304-unit luxury community The Oaks of Vernon Hills in the Chicago suburb of Vernon Hills, Ill.
Greystar Plans Orlando Apartment Community
Greystar has unveiled plans for a 448-unit apartment property in Orlando, with construction set to start in October for a completion date about a year later.
The Towbes Group’s Willow Springs Phase II Fully Leased Ahead of Schedule
The Towbes Group has announced that all units in the Phase II component of its Goleta, Calif. community, Willow Springs, have been leased about three months ahead of schedule.
J Turner Research Ranks Lincoln Pointe Miami’s Best Property
Lincoln Pointe Apartments, managed by LCOR, has been ranked the “Best Property” with the most satisfied apartment residents in Miami by J Turner Research, a provider of market research for the multifamily industry.
Boston Capital to Invest in Two Affordable Housing Projects in N.C.
Boston Capital has announced that it will invest in the construction of two affordable multifamily community projects in North Carolina. The projects include Lockwood Village Apartments in Wilmington, N.C., and Ravenswood Apartments in Wilson, N.C.
Tata Housing Unveils New High-End Residential Community in the National Capital Region of India
Tata Housing Development Company is rolling out a new luxury residential project called Arabella.
Criterion Opens Boutique Resort-Style Multifamily Community in North Dallas
Criterion Property Company has opened VV&M Boutique Residential Living, a 310-unit multifamily community situated at the northwest corner of Montfort Road and Verde Valley Lane on the Addison/Dallas border.