Featured
One Museum Mile Attracting Local and International Buyers
More than half the homes at the new Fifth Ave. residential condominium One Museum Mile have closed or are in contract.
Ground Broken for Oregon Student Housing
Work is under way on University House Arena District, a new 244-bed student housing development near the University of Oregon.
Tower Companies to Overhaul Silver Spring Community with Addition of 1,400 Residential Units
The Tower Companies, a family-owned developer, will redevelop The Blairs, a community of apartments and parking lots located in Silver Spring, Md., into 1,400 new apartments, shopping, walking paths and green space.
Pollack Shores Acquires Luxury Community for $28.2M
Pollack Shores Real Estate Group has recently acquired a 252-unit multifamily community in Melbourne, Fla., for $28.2 million. The community, called Polo Glen Apartments, is currently 94 percent occupied.
Dana Strand Senior Apartments Wins NAHB’s Gold Award for Best 50+ Affordable Rental Community
Dana Strand Senior Apartments has recently won NAHB’s Best of 50+ Housing Awards—Gold Award for Best 50+ Affordable Rental Community.
New Boston Fund Sells 266-Unit Multifamily in Connecticut
New Boston Fund Inc. has sold Windshire Terrace, a 266-unit Class A apartment community in Middletown, Conn., to Fairfield Residential for a reported $27 million.
Construction Slated to Begin on $148M Joint Venture
Construction will begin later this year on a $148 million luxury community in Evanston, Ill. The project, which was recently approved by the Evanston City Council, was proposed by a joint venture between developers Fifield Cos. and Carroll Properties.
Colorado Rental Community Gets Cash-Out Refinance
Kipling Village LLC has gained $12.2 million in the cash-out refinance of Kipling Village Apartments, the result of efforts on its behalf by commercial real estate investment banking firm George Smith Partners.
KTGY Designs Award-Winning $10M Seniors Community
Heritage Oaks Senior Apartments, a seniors community in Oakdale, Calif., has recently opened. The $10 million community is environmentally friendly and has earned LEED Platinum certification.
New Manhattan Rental Property Unveils Lobby Artwork
Related Cos. has unveiled four works by painter Derek Reist at 1214 Fifth Ave., its 53-story rental tower in Carnegie Hill, on the Upper East Side of Manhattan.