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JV Breaks Ground on FL Mixed-Use Development
Located in downtown Palm Bay, Aqua Apartments will comprise 320 units scheduled for occupancy in September 2019. Amenities will include a yoga lawn, pet park and resort-style pool.
Charlotte’s Job Gains Sustain Rent Growth
Robust demographic expansion and steady employment growth continue to spur demand for multifamily product in the metro.
Upscale Atlanta Senior Housing Project Receives Financing
SunTrust Bank provided $86 million in financing for a new luxury senior housing property that is being developed by Village Park Senior Living.
Capital Investment Group Breaks Ground on Orlando Luxury Project
Allure on the Parkway will offer 290 units and access to amenities such as a resort-style pool, pet park, fitness center and golf simulator.
American Landmark Expands NC Portfolio
Together with its equity partner, Electra America, the firm has been buying apartment communities across the Southeast and Southwest this year, adding $1.5 billion in assets and more than 10,000 apartment units.
Employment Regains Momentum in Albuquerque
As job creation continues at an above-trend rate, the metro’s relative affordability could prompt migration into the state, bolstering multifamily demand.
Demand for Housing Outpaces Supply in Portland
The metro’s strong economy and positive demographics are contributing to a growing demand for rental housing, especially in the workforce category.
NYC Details $24B Public Housing Upgrade
Transfer to Preserve is among several programs launched by Mayor Bill de Blasio’s administration to raise capital for repairs at the city’s NYCHA sites.
Miami Community Secures $142M in Financing
Square Station, a 710-unit downtown asset developed by Melo Group in Miami, launched leasing in June and is now 95 percent occupied.
$31M Refi Earmarked for Baton Rouge Apartments
Eyzenberg & Co. facilitated the loan for the developers of the 224-unit River House Apartments, a live-work-play community.