Regions

Condo Community Breaks Ground in San Diego

Cornerstone Communities and Presidio Residential Capital plan to start marketing the property in August 2017.

BLVD404: From Demo to Occupancy in 11 Months

The property is an introductory venture for Aptitude Development, which custom created the 54-unit, 163-bed student housing community to showcase Syracuse University colors and themes.

Retreat at Greystone

Preferred Closed the Sale on 2 Communities Totaling $114M

The properties, located in Kansas City, Kan., and Atlanta, have an annualized return of 19.1 percent.

Bascom Group Nabs $94M Orange County Community

The company plans to upgrade and modernize the 406-unit infill asset, which was built in 1972.

Downtown LA Mixed-Use Development Underway

MacFarlane Partners has broken ground on the second phase of Park Fifth, which will consist of 347 units and 5,300 square feet of retail.

Construction of $62M Cleveland Tower to Start in June

Stark Enterprises Inc. and Solon-based real estate investor Reuven Dessler plan to break ground on the 26-story tower in less than three months.

615 Tenth Ave. rendering

Xin Lands $108M Loan for Manhattan Condo Project

The seven-story project will offer 82 units and 36,053 square feet of retail on the former site of a gas station and convenience store.

NHP Foundation Acquires DC Affordable Housing for $16M

Located in the gentrifying Brightwood section of Northwest Washington, D.C., Takoma Place consists of 105 units in seven buildings.

Economy Watch: Demand for Student Housing Stays Strong

Favorable demographic trends and an increase in the number of students pursing post-graduate degrees are spurring investor interest and demand for student housing product, according to a recent report from TH Real Estate.

Greysteel to Market B’more-Area Affordable Community

The commercial real estate investment services firm has been retained as exclusive advisor and agent for the sale of Portside Apartments in Dundalk, Md.