News
Pennrose Opens New Jersey Affordable Senior Community
Previously a public housing site, the property went through a $20 million redevelopment.
Ability Housing to Build 92-Unit Affordable Project in South Jacksonville
Villages of New Augustine will be the developer’s first multifamily community in St. Johns County.
Midsize SFR Buyers ‘Going Strong’
A key takeaway from the National Association of Real Estate Editors’ annual conference is that the single-family build-to-rent sector is encountering both prosperity and headwinds.
Bank OZK Provides $130M Loan for South Tampa Project
Belpointe OZ will use the financing to build a 424-unit community in downtown Sarasota, Fla.
Capital Square Acquires BFR Community in Reno
The 102-unit build-for-rent community was completed in 2022 and is located a short commute away from major employers in Reno, Nev.
Fore Property Gets $68M Loan to Build Orlando Asset
PCCP provided the financing for the 309-unit community to be developed in Kissimmee, Fla.
Carter Exchange Sells Charlotte-Area Community for $75M
The seller conducted several value-add renovations at the property.
Apartmentalize: Urbanites Are Changing Suburbia—and Upending Multifamily
Access to public transportation and walkability are top priorities for many recent escapees to the suburbs.
Former Children’s Home in Massachusetts to Become Affordable Housing
Cruz Development Corp. plans to convert the New Bedford building into 28 mixed-income units.
Andover Properties Buys 2 Houston-Area Storage Facilities
The assets will operate under the Storage King USA flag.