News
Colliers Secures Financing for Boston-Area Apartments
The Pioneer will be a 286-unit luxury apartment community, located in Everett, Mass. The six-story building will provide on-site retail and leisure amenities.
Bozzuto, Veatch Develop VA Luxury Community
The KTGY-designed Aperture Apartments is a 421-unit luxury building in Reston, located across from the Wiehle-Reston East Metro station.
IN Student Community Receives $14M Refi
The refinancing includes a cash-out component and also benefits from Fannie Mae’s Green Rewards program. The community is fewer than two miles from Indiana University.
Capital One Provides $25M for Albuquerque Property
Albuquerque Meadows is a 430-unit, age-restricted manufactured housing community that includes a clubhouse, pool, and arts and crafts center.
Startup Scene Boosts St. Louis Rental Market
Following the path of other Midwestern metros, the city is slowly transforming from an industrial center into a modern city with solid job gains in the health-care, business and technology sectors.
Cortland Partners Snags Lakecrest at Gateway Park in Denver
The 440-unit, pet-friendly community includes a spa, movie theater room, and access to a two-mile walking path.
Why Grosvenor Likes Seattle’s Condo Market
Alex Henderson, who leads Grosvenor’s Puget Sound Co-Investment team, foresees renewed interest in development, given the potential oversupply of rental product and undersupply of for-sale product in the area.
Hudson Cos. Snags $64M for San Jose Mixed-Use Project
Vespaio is a seven-story mixed‐use project with 162 units and 39,042 square feet of retail and commercial space.
Former Durham Hotel to Become 342-Unit Community
Alliance Residential purchased Crown Park Hotel, the company’s first asset in the Triangle. Karl Hudson with Foundry Commercial represented the buyer in this $10.5 million transaction.
JV Premieres NJ Luxury Community
Dinallo Construction and Russo Development have opened Waldwick Station, a 110-unit transit-oriented development located on a former industrial site.