News
JV Develops NJ Luxury Asset
BNE Real Estate Group and Sterling Properties built One William, a 185-unit community in Englewood with a community garden, a bar and a poker table.
TruAmerica, Oaktree Snag $142M Portfolio
The joint venture acquired the 424-unit Galleria Palms in Tempe, Ariz., and the 456-unit Aviata in Las Vegas.
WinnDevelopment Opens $29M NY Senior Housing
The Landmark at Sibley Square in Rochester includes 72 affordable units and is part of the larger Sibley Square mixed-use redevelopment.
Campus Advantage Acquires 6 Student Housing Properties
The developments, located in Alabama, Illinois, Oregon, Tennessee and Washington, add 714 units and 1,910 beds to the company’s portfolio.
Suburban Atlanta Senior Community Changes Hands
Village Park Senior Living has sold the 127-unit Village Park at Alpharetta, a newly constructed property offering independent and assisted living as well as memory care units.
Bocchi USA Announces New Fireclay Kitchen Centerpieces
The company’s new products feature Clean Plus+ and Super Smooth Technologies, which reduce lime remains and create a hydrophobic effect, thus preventing dirt and bacteria accumulation.
Dallas-Area Property Receives $47M Construction Loan
The 308-unit Tower Bay Lofts will be built using Federal Housing Administration financing. The project obtained a “residential” wage decision, resulting in significant savings for the developer.
Increased Demand Pushes Up Rents in Las Vegas
The city’s multifamily recovery is a safe bet, given that it ranks among the top 10 metros for population growth.
Out-of-State Investor Gets 1,024-Bed Idaho Community
Serving the Brigham Young University-Idaho, Northpoint offers 154 units and more than 2,600 square feet of ground-floor retail space.
An Insider’s View of Brooklyn’s Affordable Housing Crisis
Nelson Management Group’s Robert Nelson discusses the impact of the Vital Brooklyn initiative, which is meant to alleviate the borough’s affordable housing shortage, and the company’s projects in the sector.