News
JLL Income Property Trust Buys Upscale Dallas Asset
The garden-style community is situated within a 2,665-acre, master-planned development, which employs around 100,000 people. JLL Income Property Trust now has a portfolio of more than 2,500 units.
Canfield Development Builds $22M LA Apartments
The Kenmore, a 69-unit development in Koreatown, will be designed by Nadel Architects and include VIP cabanas, a spa and a package-delivery system.
Hampton Roads Community Trades for $30M
Robinson Development Group sold the 183-unit property located in Chesapeake, Va. Built in two stages, Cottage Trails at Culpepper Landing came online in 2015.
Louisville Property Receives $20M Refi
Berkadia South Florida’s Senior Managing Director Charles Foschini and Managing Director Christopher Apone arranged the loan on behalf of property owner CAPREIT.
AHC Starts Work on $100M VA Affordable Project
An outdated property in Arlington will be transformed into a 256-unit community. The redevelopment is expected to be completed in 2020.
Extech Introduces New Moisture Measurement Tools
The two non-intrusive meters can be used for wood, plaster, concrete or tiles and offer a moisture measurement depth of up to 100 mm.
Manhattan Luxury Condos Land $168M
The Continuum Co.’s Madison Square Park Tower recorded intense sales activity, with 58 out of 83 units already sold for a combined $400 million.
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Capital One Originates $37M for 2 AL Properties
The communities include the 336-unit Grand Reserve at Phenix City and the 224-unit Southern Oaks Apartments in Mobile.
$21M NY Affordable Housing Redevelopment Opens
Chappaqua Crossing Apartments in Westchester County, the former site of the Reader’s Digest headquarters, features 64 mixed-income units and access to a playground, a clubroom and walking trails.