Development
Shea Properties and Ivanhoé Cambridge Break Ground on Ascent in San Jose, Calif.
Construction is now underway on Shea Properties and Ivanhoé Cambridge’s 650-unit Ascent luxury apartment community in south San Jose, Calif.
MHN Interview: An Affordable Makeover in Hawaii
MHN talks to Stacie Brach, who manages the Western States affordable portfolio in Honolulu for The Michaels Organization, about the logistics such a significant effort entailed and how her “residents first” approach helped.
TODAY’S DEALS: Cohen Financial Secures $27.7M Construction Loan Miami Condo
Cohen Financial provides a construction loan to a nearly sold out Miami condo; Morgan Properties and Core Properties acquire a 500-unit portfolio in Maryland; and NorthMarq Capital’s Denver office executes two loans totaling $33.12 million.
BLT and Metrovest Unveil Third Rental Building at The Beacon in Jersey City, NJ
Co-developers BLT and Metrovest have unveiled their latest building, The Paramount, within the companies’ Jersey City, N.J. development The Beacon, following on the heels of successful lease-ups of its two other buildings, Mercury and Orpheum, earlier this year.
New Boston Fund and Asian Community Development Corp. Kick Off Construction on 362-Unit Mixed-Income Community
New Boston Fund Inc. and the Asian Community Development Corporation have announced the closing of financing and the beginning of construction on the mixed-income community One Greenway, located on Hudson Street in Boston’s Chinatown neighborhood.
Related Unveils Final South Loop Luxury Collection Building, Adler Place
Related Midwest has unveiled its 32-story Adler Place condo community in Chicago’s South Loop neighborhood, marking the last of three communities to be re-launched in the developer’s previously stalled South Loop Luxury by Related collection.
Terra’s Miami Beach Glass Tower Nearly Sells-Out Prior to Ground Breaking
Miami-based Terra Group has announced that it has broken ground on its 18-story condominium tower, Glass, and has already sold seven of the 10 full-floor residences. The tower was designed by famed Miami architect Rene Gonzalez.
Magnusson Transforms Parking Lots into Affordable Housing
Magnusson Architecture and Planning (MAP) commenced on the construction of Soundview Family Housing last week in the Soundview neighborhood of Bronx, N.Y.
Greenbuild 2013: Lessons Learned from Green Apartments
MHN TV features an interview with Don Brooks, sustainable design manager at The Dinerstein Cos., who weighs in on the lessons learned from his work developing LEED apartments. Topics include best practices and hurdles faced.
Crescent, Glimcher Move Forward with Construction of Crescent Scottsdale Quarter
Crescent Communities and partner Glimcher Realty Trust have announced the ground breaking on a $61 million, 275-unit luxury rental community in the North Scottsdale retail hub, Scottsdale Quarter.