News

American Copper Buildings Obtain $660M Financing Package

JDS Development Group and Largo Investments are developing two towers on the East River in Manhattan.

Mallorca at La Posada entry rendering

$35M Goes into FL Senior Living Expansion

Construction of Mallorca is underway and the renovations and expansions will be completed by the first quarter of 2018.

Continental Realty Purchases Grand Reserve at Tampa Palms

The company purchased the 17-year-old, 390-unit apartment community for $65.5 million.

Commonwealth Development Buys IN Site for Affordable Housing Project

The company is planning 35 units on the former site of a Chevrolet plant in Muncie.

Brooklyn High-Rise Trades for $154M

Completed in 2011, The Addison includes both a 26-story tower and a 15-story tower.

GracePointe Crossing Breaks Ground on $50M Expansion

The Cambridge, Minn., redevelopment includes the addition of 50 senior units and 18 assisted living memory care apartments.

Product Spotlight: SkyBell HD

The smart doorbell is Wi-Fi enabled and allows monitoring of the front door of a residence remotely via a mobile app.

Economy Watch: Apartment Supply, Rents Will Continue to Grow in 2017

Continued employment growth will buoy a strong year for the apartment industry in 2017, according to a new Berkadia market forecast.

29-26 Northern Blvd. rendering

JV Secures $150M Construction Loan for Queens Tower

AIG is providing the financing for the luxury community, which is set to open in early 2018.

Detroit High-End Mixed-Use Development Opens

Broder & Sachse Real Estate and Woodborn Partners are calling the property “something totally new” for the city.