Regions
Castle Lanterra Hires Chief of Staff
Mischa Edwards has roughly 10 years of management experience and will also serve as head of client services, overseeing the investor/client reporting and support process.
Mailrooms: The Emerging Amenity
Transwestern’s Mark Culwell discusses how e-commerce is transforming these ordinary rooms into high-end gathering spaces, and where the trend is heading.
Megalith Capital Management Adds New SVP
Matthew Lobron will focus on the firm’s residential and commercial ground-up development activities, after serving various roles at Zeckendorf Development and Extell Development Co.
Detroit Community Reopens Following $12M Renovation
The Hamilton Midtown, a 105-year-old historic building previously known as Milner Arms, underwent an extended renovation that lasted more than a year.
On the Market: 5 Interesting Listings for the Week of 10/15
This week’s listings include a student housing investment opportunity in Boca Raton, an affordable community in Tampa, and more.
Penzance Targets Metro Washington with $255M Fund
For its first private-equity fund, the investor-developer anticipates parlaying capital into a portfolio valued at $800 million to $1 billion
NM Development Lands Tax Relief
The Albuquerque City Council approved the metropolitan redevelopment bond to support construction of the 226-unit Broadstone Northpoint Apartments, which broke ground in early 2017.
Titan Development Proposes ABQ Community
The company’s plans call for the addition of 102 market-rate apartments, adding to the Midtown/University submarket’s existing supply of 3,700 units.
Avanath Pays $72M for 2 Chicago-Area Affordable Communities
The company acquired Hinsdale Lake Terrace for $63 million from the Laramar Group, and paid $9.2 million for Drexel Court, which it acquired from DMI Real Estate Group.
Development Gears Up for Banner Year in Queens
The transit-oriented development boom continues in the New York City borough, which gained more than 1,000 new apartments through July.