Featured
Construction Process Underway on Charlestown Crossing
Charlestown Crossing, an apartment community that represents the first joint venture between The Dolben Company Inc. and Klein Enterprises, is on track for delivery of first units in April 2013, and completion of construction a year later.
Ground Broken for Upmarket Apartments in OC
Newport Beach-based Lyon Communities has broken ground on the Marke @ South Coast Metro, a 300-unit property in Santa Ana. The property will be aimed at an upmarket, renter-by-choice demographic.
Millersville University Announces $180M Student Housing Replacement Initiative
In May 2013, work will begin on a $180 million public/private partnership to build eight new residence halls for Millersville University, which will eventually replace the current residence halls.
Register Now for our 9/24 Awards/Cocktail Party
Winners will be announced September 24 at the MHN Excellence Awards Cocktail Party in New York. Register today!
Phase II of Winner’s Circle at Saratoga Complete Thanks to $13M Freddie Mac Loan
The Community Preservation Corporation has closed on a $13 million Freddie Mac construction loan to refinance the recently completed Phase II of the Winner’s Circle at Saratoga apartment complex.
MHN Interview: What’s Old is New Again with GDC
GDC Properties recently completed an adaptive-reuse luxury community in DUMBO, Brooklyn. MHN speaks with Adam Ginsburg, co-chairman of GDC Properties, about this development and why he feels there’s a benefit to rehabbing older commercial properties into residential communities.
Single-Buyer Multifamily Portfolio Sold in Colorado
A four-property multifamily portfolio stretching from metropolitan Denver to Colorado Springs, Colo., has been sold, with the sale brokered by the Atlanta-based full-service investment advisory brokerage firm ARA.
Joint Venture to Develop $39M Luxury Student Housing Community at The University of Mississippi
Carter, a development and investment firm, and Chance Partners, a real estate firm, announced that they were going to develop a $39 million student housing community at the University of Mississippi in Oxford, Miss.
$3M Renovation of Las Vegas Building Proves Lucky for Investor
iStar Residential recently invested $3 million in a redesign of The Martin in Las Vegas, and in the four months since the building’s relaunch, sales have risen by 300 percent.
Historic Gothic Building Redeveloped into Luxury Apartment Community
It is possible to have all the charm of an old building with all the conveniences and luxury of a new one, as 806 Capital and Federal Capital Partners are proving with The Arch, a historic gothic building open for pre-leasing of luxury apartments.