News
JV Develops $36M FL Senior Housing
Housing Trust Group and Miami Jewish Health Systems are constructing Douglas Gardens V, a 110-unit community in Pembroke Pines.
Chicago Apartments Achieve LEED Gold
M&R Development’s The Residences of Wilmette, which has 75 units, opened in October. The property features a green roof with drought-resistant vegetation and environmentally kind flooring, paints and sealants.
KWK Architects to Design Student Housing at UNC Charlotte
The community will replace the existing Sanford and Moore halls. The residence hall will include a mix of apartments and suites, as well as offices and academic-support spaces.
Crossgate Partners Launches Luxury FL Community
Project updates of the six-condominium development on Siesta Key, Fla., include a FEMA permit for a seawall enhancement. Océane is set to break ground this month.
Ziegler Closes $95M Financing for Austin Asset
The five-star, CMS-rated community encompasses 301 independent living units, assisted living suites and nursing beds, sponsored by the alumni association of the University of Texas.
Search for Yield Intensifies in 2018: NMHC
Industry experts at NMHC’s annual Apartment Strategies Outlook Conference in Orlando discussed the current “Goldilocks” economy and why 2018 might be tough for investors.
C&W Closes Sale of FL Senior Housing
Chicago Pacific Founders acquired Camellia at Deerwood, a 189-unit independent living, assisted living and memory care facility in Jacksonville.
Marcus & Millichap Arranges Sale of IL Prospective Development
Richard Kozarits, Tami Andrews, Joseph Sigal and Richard Lynn were all part of the team involved in the $7 million sale of parcels totaling 35,000 square feet. The land will be used to build The Albion at Evanston, a luxury community in Evaston.
Mesa West Capital Earmarks $125M for 4 CA Properties
The communities to receive financing include the 186-unit Atlantic Apartments in Alameda, the 116-unit Mosaic Hayward in Hayward, the 102-unit Villas at Carlsbad in Carlsbad and the 116-unit Vista del Rey in Tustin.