News
JV Breaks Ground on NY Student Housing Community
Upon completion in May 2020, the 64,000-square-foot property will offer 80 units serving students attending Columbia University. The development is located adjacent to the university.
Signet Real Estate Sells NC Student Housing Community
FourPoint Student Housing Investments represented the seller in its disposition of Deacon Place, an 82-unit property in Winston-Salem, serving Wake Forest University students.
Cutting Costs, Overcoming Construction Challenges in NYC
Broadway Construction Group’s Joseph Aiello shares his insights on the role value engineering plays in the development challenges.
Affordable TN Properties Receive $59M in Loans
The Millenia Cos. landed construction-to-permanent financing” for the rehabilitation of two Memphis properties adding up to 400 units.
Economic Growth Sustains Demand in Raleigh
With 7,400 multifamily units underway, the metro’s 2018 deliveries are likely to exceed last year’s and generate moderate rent growth, as well.
Presidium Launches Major Mixed-Use District in Austin
The garden-style community is the first of Pecan District’s 10 phases. The 45-acre development is anticipated to be fully complete in 2028.
Hunt Provides $120M Loan for Bronx Affordable Housing
More than 1,000 units of public housing in the neighborhood of Mott Haven will get needed repairs through the federal Rental Assistance Demonstration program, but remain affordable to residents.
Peak Campus to Manage 652-Bed AK Student Housing
The Avenue is set to be completed in 2019 and will include various smart tech features such as Amazon Hub package lockers.
Nashville-Area Community Opens Doors
The 328-unit Mosby Cool Springs has opened in Franklin, Tenn. Developer Middleburg Real Estate Partners secured $40 million in financing last year.
Allen Morris, Ustler Development Secure $66M for Orlando Project
SunTrust and Santander Bank provided the financing for Creative Village Parcel M Apartments, a 409-unit community that will cater to students attending the new University of Central Florida Downtown.