News
Construction Cost Increases Ease Off a Bit in January
Costs have risen more and the squeeze is now on for labor.
$23M Mixed-Use Community Coming to Greater Tampa
Jacksonville, Fla.—LandSouth Construction, a general contractor specializing in multifamily, senior housing and mixed-use development, has broken ground on a mixed-use apartment community in Lakeland, Fla. The $23 million development, to be called Village on the Avenue, is being developed by Davenport, Fla.-based Village Partners and designed by Pennsylvania-based James S. Carr AIA & Associates LLC. The 12-acre community will be located at 6720 South Florida Ave., and is scheduled for completion in May 2017. Polks County Planning Commission approved plans for the development in April 2015. For Village on the Avenue’s construction, LandSouth will use its unique integrated construction approach, in which…
Annex Student Living Promotes Rob Martinson to CIO
Annex Student Living named Rob Martinson the new chief investment officer of the company, as well as another new hire.
HFF Arranges $70M Financing for Mixed-Use Property in Indianapolis
Indy Axis, a class A apartment and retail property in downtown Indianapolis has received $70.6 million in financing through a loan HFF secured on behalf of local developer Flaherty & Collins Properties.
Meet Voke Lofts the MHN Excellence Gold in ‘Adaptive Reuse’
See a slideshow of the award-winning entry by WinnDevelopment and The Architectural Team Inc.
HFF Arranges $12.5 M in Permanent Financing for New San Diego Mixed-Use Project
Permanent financing for San Diego’s Mr. Robinson was arranged through one of the financing provider’s partners.
Hines Makes First Foray into Apartment Acquisition, Buying Nevada Property for $58M
Hines has acquired a community in a Las Vegas suburb for $58.2 million.
Blatstein Proposes Live-Work-Play Community in South Philly
The 1001 South Broad St. mega-project proposed by developer Bart Blatstein could bring nearly 1,000 apartments to South Philadelphia.
Blue Rock Premier Properties Acquires $700M Florida Portfolio
The portfolio includes 29 prime communities and more than 8,000 units.
Castle Lanterra Properties Adds 350 Units to Texas Portfolio
The 350-unit Villas Tech Ridge was acquired by Castle Lanterra Properties.