News

Construction of $62M Cleveland Tower to Start in June

Stark Enterprises Inc. and Solon-based real estate investor Reuven Dessler plan to break ground on the 26-story tower in less than three months.

615 Tenth Ave. rendering

Xin Lands $108M Loan for Manhattan Condo Project

The seven-story project will offer 82 units and 36,053 square feet of retail on the former site of a gas station and convenience store.

NHP Foundation Acquires DC Affordable Housing for $16M

Located in the gentrifying Brightwood section of Northwest Washington, D.C., Takoma Place consists of 105 units in seven buildings.

Economy Watch: Demand for Student Housing Stays Strong

Favorable demographic trends and an increase in the number of students pursing post-graduate degrees are spurring investor interest and demand for student housing product, according to a recent report from TH Real Estate.

Product Spotlight: Terralux LED Sconce Upgrades

For property managers looking to increase their properties’ energy efficiency, the award-winning lighting retrofit kits boast easy installation and master control via a software program.

Greystone Brown Real Estate Brokers Sale of Atlanta Community

The buyer acquired the property for $6.1 million and plans to invest $10,000 per unit in renovations.

Alliance Taps Local Artists to Design GA Communities

The company worked with Hope Cohn and Sons of Sawdust to transform properties in Atlanta and Sandy Springs into something unique.

Greysteel to Market B’more-Area Affordable Community

The commercial real estate investment services firm has been retained as exclusive advisor and agent for the sale of Portside Apartments in Dundalk, Md.

Denver Mixed-Use Project Lands Construction Loan

The 190-unit development will also include 12,000 square feet of retail space.

TCA Architects Takes SoCal Community into the Wild

The design of Wermers Properties’ 601-unit community draws inspiration from the adjacent Santa Ana Zoo and Prentice Park.