News
Bidding Starts for Vacant Cabrini-Green Site in Chicago
Windy City officials have put out an RFP for the redevelopment of the derelict Cabrini-Green site in Chicago’s Near North Side.
Government, Kent State Reach Settlement in Therapeutic Support Animals in Student Housing Case
Washington, D.C.—The U.S. Department of Justice and Kent State University have reached a $145,000 settlement over claims of discrimination under the Fair Housing Act. As part of the settlement, Kent State agreed to pay $100,000 to two former students denied to keep emotional support dogs in their university apartments; $30,000 to the fair housing organization that advocated on behalf of them; and $15,000 to the United States. The university also agreed to adopt a housing policy allowing students with psychological disabilities to keep therapeutic support animals in university housing. The settlement agreement is currently awaiting court approval. In 2014, DOJ…
Acquisition Appetite Grows in Austin
JLL closed the sale of two Austin multifamily properties, Wildwood and Club Creek , on behalf of Lynd Co., and secured $27.8 million in acquisition financing.
$30M Earmarked for Queens Portfolio Refinancing
Eastern Union Funding refinanced three multifamily buildings, totaling 250 units.
Greysteel Tapped to Sell Marble Hall Gardens
Greysteel has been selected as the exclusive advisor and agent for the sale of Marble Hall Gardens, a 390-unit multifamily community in Baltimore.
30 Warren Adds Boutique Chic to Tribeca
The desirable Tribeca neighborhood will be the home of 30 Warren, a 12-story boutique condominium development with 23 residences and about 9,700 square feet of retail.
Meritage Homes Brings New Bungalows to Windermere Trails
Meritage Homes’ Windermere Trails community in southwest Orlando has entered the third phase of construction with new bungalow-style model homes.
Stoneridge Farms Changed Hands in $47M Deal
Steadfast Apartment REIT recently acquired the 336-unit apartment community Stoneridge Farms for $47.7 million.
NEWCITY Earns LEED Gold
The 19-story Residences at NEWCITY in Chicago has earned a LEED Gold certification from the U.S. Green Building Council.
Steele Properties Tackles Affordable Housing Renos
Steele Properties acquired two affordable housing properties in Colorado and Texas with plans for large-scale renovations costing more than $14 million.