News
Baron Properties Sells Phoenix Asset for $9M
The company had owned the 68-unit community in Christown since 2016, when it acquired it for almost half the current price.
Virginia Community Lands $30M Grant
The federal funds will go toward redeveloping the 256-unit Ridley Place public housing and the surrounding neighborhood. Pennrose is the master developer of the project.
FL Student Housing Assets Secure $39M in Financing
Serving the University of Florida, the two student housing communities recently underwent major renovations to include new amenities. HFF worked on behalf of the borrower.
California Mixed-Use Project Lands $32M Loan
Parkview Financial provided the construction financing for a three-building development in Poway, a northern suburb of San Diego.
Water Street Tampa 1st to Achieve Global WELL D&O Designation
The $3 billion, 56-acre mixed-use community being developed in Tampa, Fla., is an early adopter of the WELL Community Standards that recognize neighborhoods designed and operated to improve the residents’ health and well-being.
LMC Breaks Ground on Luxury Connecticut Community
The subsidiary of Lennar Corp. has started work on The Smyth, a 414-unit multifamily property that will rise 15 stories in central Stamford. The building is scheduled to welcome its first residents in 2021.
Southwood Realty Buys South Carolina Community for $41M
The 20-building property in the Columbia suburb of Blythewood has been renamed, and the buyer has plans for a value-add program. Cushman & Wakefield represented the seller in the transaction.
Havwoods Expands Vertical Line With Cork and Wood Tiles
The 3D Wood Wall Tiles collection includes three designs, while the 3D Cork Wall collection comprises a number of environmentally friendly, renewable and sustainable surface choices.
National Renovation Strategies to Reduce Energy Poverty in Europe
BUILD UPON, a collaborative project on building renovation with $2 million funding from the EU, moves forward with the announcement of eight pilot cities.
Dallas Multifamily Report – Spring 2019
The metro remains a national leader in job creation, with 102,500 positions added for a 2.6 percent expansion year-over-year in February, slightly above the national growth rate.