News
SF Development Bags $66M in Construction Financing
Rescore Property Corp. and Presidio Development Partners have received funding from Square Mile Capital for The Rise Market Street, a nine-story, 160-unit project in the Upper Market/Hayes Valley neighborhood.
ACI Brokers $5M Sale in San Diego’s National City
KA Real Estate LLC of Sorrento Valley has purchased the 29-unit community. The 22,352-square-foot building was built in 1964 and underwent renovations.
CBRE Leads Record Sale of OC Community
The brokerage firm arranged the sale of a 21-unit community in Santa Ana, Calif., at one of the highest price-per-square foot values for in the city. The buyer, NNC Apartment Ventures, plans to renovate the property, which was built in 1987.
Opus Completes 217-Unit Luxury Community
Together with AIG Global Real Estate, the company recently completed Citizen Park, a 10-story luxury community situated in the heart of the historic Central West End neighborhood of St. Louis. The firm also landed its first tenant for the retail component.
Habitat Co. Lands $16M Chicago Affordable Housing
The company plans on making substantial renovations to East Park SRO, a 153-unit property in the East Garfield Park neighborhood. Plans include upgraded lighting, mechanical systems, masonry, landscaping and a new roof.
Wood Partners Begins Pre-Leasing at Boston-Area Community
The Westerly at Forge Park is a luxury residential property in Franklin, Mass., with common area amenities that include an outdoor pool and a dog park.
The Citadel at Westpointe to Break Ground in San Antonio
The $33 million garden-style community will encompass 282 apartments and various amenities, including a resort-style pool and demonstration kitchen.
Top 5 Student Housing Communities in Greater Boston
One of the world’s best-known academic hubs, Boston continues to benefit from top-ranked universities. However, the city’s affordability issues are pushing students out of core submarkets to the outskirts of the MSA.
Mesa Snaps Up 2 Suburban Atlanta Communities
The company acquired The Retreat at Eagles Landing, as well as Carrington Ridge, which are both located in Stockbridge, Ga.