News
NYC Mixed-Use Project Advances with 2 Residential Towers
TF Cornerstone is developing the second phase of Hunters Point South, a master-planned community in Queens’ Long Island City neighborhood. The new high-rises will add 1,194 residential units to the site along the East River.
Student Housing Portfolio Near Purdue Trades for $34M
The 528-bed portfolio located in West Lafayette, Ind., was acquired in a joint venture between Muinzer and South Street Capital.
Round Hill Capital Invests in Florida Workforce Housing
European fund manager Round Hill Capital is raising its profile in the U.S. by teaming up with Affiliated Development for a series of workforce housing investments, starting with a 142-unit project in Fort Lauderdale.
Meridian Senior Living Adds to Portfolio
Located in Lafayette, La., the assets are owned by American Health Investors and comprise a total of 147 beds for memory care, assisted living and independent living.
San Antonio Property Changes Hands
JLL Capital Markets brokered the sale of the recently renovated Nexus Urban Living, with Hunt Real Estate Capital providing nearly $5 million in Freddie Mac acquisition financing.
Upscale Mixed-Use Community Opens in LA
Developed by the Korda Group, the 138-unit luxury apartment building was designed to blend into the surrounding neighborhood’s Art Deco style.
Phoenix Value-Add Asset Commands $9M
Urban Communities is the new owner of Puesta Del Sol, a 128-unit property situated in the city’s South Mountain Village, near the future light rail extension.
Miami-Area Luxury Community Welcomes First Residents
The 10-story, 227-unit building is the largest residential project developed in Coral Gables in almost a decade. More than 65 percent of the condominiums are already sold.
Manufactured Housing Market Makes Strides
NorthMarq’s first market research report on the sector found that occupancy and rent growth were on the rise in 2018, with transaction volume boosted by Opportunity Zones.
Tampa Community Sells for $24M
Uptown Ambrus Investments has obtained a $12.2 million loan for the acquisition of the 292-unit property in the University Square submarket.