Development
A Compromise in Cambridge: Public-Private Partnership Results in Affordable Homes
After years of nurturing a controversial affordable housing project through the planning and approval stages, as well as overcoming legal battles and the recession, Lori Cowles finally gets to watch it go up before her eyes in Cambridge.
WinnCompanies Completes 18th Adaptive Reuse Project
WinnCompanies’ real estate component, WinnDevelopment, has announced the completion of its adaptive reuse project, Voke Lofts, located at 34 Grove Street in Worcester, Mass.
Silverstone Breaks Ground on Plano, Texas Seniors Living Community
Silverstone Healthcare Company has announced that it has broken ground on HarborChase of Plano, a 120-unit, Class A assisted living and memory care community in Plano, Texas.
Landmark, Carrfour Celebrate Grand Opening of $21M Redeveloped Affordable Housing Community
Real estate developer Landmark Development and nonprofit affordable housing developer Carrfour Supportive Housing recently celebrated the grand opening of a 1950s-era, 100-unit redeveloped affordable housing community in Miami’s underserved Brownsville neighborhood.
KAVANTE’s Kim Price Takes MHN Inside the World of Custom Furniture Design
Today’s renter doesn’t want to live in a cookie-cutter space and developers have become quite competitive as well as they strive to come up with unique offerings
SPECIAL REPORT: PREI Raises Concerns that Real Estate Valuations Could be Based on Quantitative Easing Worldwide
Prudential Real Estate Investors said that commercial real estate prices are on the rise worldwide as economies rebound internationally, but expressed concern that loose monetary policy could be driving property valuations.
KRE Group, Ironstate NJ City Development Fully Leased
The Marketing Directors have announced that the lease-up at Kushner Real Estate Group and Ironstate Development’s new luxury building in Jersey City, N.J., has set a city leasing record after inking more than 100 leases at the 422-unit community, 18 Park, within about four weeks of its initial lease-up campaign.
TODAY’S DEALS: Queens Development Site Sells for $10.2M
Marcus & Millichap brokers the sale of a development site in Flushing, N.Y.; NorthMarq secures $11.6 million for student housing serving Virginia Commonwealth University; and IPA arranges a $26 million sale in Greater Phoenix.