News
Integra Land Starts Work on Suburban Charlotte Apartments
The Flats at Edgewater in Indian Land, S.C., includes 289 units, a sports bar, a theater room and a dog park. It is expected to be completed in late 2019.
ABI Multifamily Brokers Sale of 110-Unit AZ Asset
A partnership between MJW Investments and Tide Equities plans to rebrand the recently renovated Tempe property, which comprises a total of 97,890 rentable square feet.
Hunt Mortgage Arranges $9M Loan in VA
Geller Associates acquired Lee’s Landing in Newport News and will improve the community in order to qualify for the Fannie Mae green rewards program.
Luxury AR Community Lands $20M Refinancing
Richardson Properties’ The Pointe at Bentonville includes 170 units, a movie theater room, tanning rooms and a dog park.
Ability Housing Breaks Ground on Orlando Affordable Property
Village on Mercy includes 166 units and will be restricted to residents earning 60 percent or less of the area’s median income. Construction is expected to take 18 months.
Opus Group Begins Construction of Chicago Mixed-Use
The six-story project will comprise 164 units and 7,600 square feet of Class A retail space. Completion of the community is scheduled for spring 2019.
Greystone Earmarks $36M for AZ Apartments
Aldea at Estrella Falls, a 328-unit community in Goodyear, a suburb of Phoenix, includes grills, a fitness center and a heated pool.
Mill Creek Residential Expands VA Community
Phase II of Modera Mosaic in Mosaic District of Fairfax County includes 222 units, joining 251 apartments in the original phase, which began leasing in 2015.
Inovonics Presents 2 New Products
TapWatch Cloud collects consumption data from the firm’s IP-connected submetering system, while the EN7580 TapWatch gateway allows providers to access the information via TapWatch APIs.
Wellington Closes TX Student Housing Sale
The community is a modular redevelopment of a high school in central Waco, located half a mile from Baylor University.