News

Construction Surge Tempers Rent Growth in Boston

Bolstered by population and employment gains, multifamily demand continues to rise across the metro, spurring developer optimism and attracting new investors.

Cushman & Wakefield to Bring 3 Queens Properties to Market

Cushman & Wakefield has been tapped to sell three apartment buildings in the Astoria neighborhood of Queens.

Midtown 8 Tops Off in Miami

Wood Partners developed the 28-story mixed-use development located four miles of downtown Miami. The project is slated for completion by May 2019.

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.