Property Types
Kettler to Build Mixed-Use High-Rise in Bethesda, Md.
After closing a construction loan with Helaba, developer Kettler unveils plans for a 101-unit high-rise in Bethesda, Md.
Long Island City Condos Sell Out in Less Than Year
The Bindery, a condo development by NY Lions Group and Craig Axelrod at 47-34 11th St. in the Long Island City submarket of Queens, has completely sold out.
Kaplan-Morgan JV Announces Plans for One City Walk in Sandy Springs, Ga.
Kaplan Residential and George S. Morgan Development Company Inc. announce plans to build a luxury mid-rise, mixed-use community in the master planned development known as City Center in Sandy Springs, Ga.
TODAY’S DEALS: Grubb Properties Sells a Charlotte Mid-Rise
A Charlotte mid-rise trades for $31.2 million; Oak Grove Capital closes $17.9 million for three affordable acquisitions/rehabs; and BMC capital provides a $930,000 five-year bank loan.
TODAY’S DEALS: Home Properties Completes Major D.C. Disposition
Home Properties sells a 864-unit asset outside of D.C.; and Dougherty Mortgage closes a 35-year refinance loan for a Minnesota Section 8 property.
LGBT-Friendly Affordable Seniors Community Opens in Philly
Pennrose Properties and dmhFund have opened John C. Anderson Apartments, the first LBGT-friendly affordable seniors housing community in Philadelphia, to great fanfare.
CHW Remodels, Upgrades California’s Los Robles HUD Apartments
Community Housing Works completes a major remodel and upgrade to a 40-year-old HUD community in Vista, Calif. The program involved investing $1.2 million into green upgrades. Check out a before and after slideshow.
Leasing Begins at Eleven55Ripley in Suburban D.C.
Home Properties has started leasing its newly constructed multifamily property, Eleven55Ripley. The asset, which is now the tallest building in Silver Spring, Md., features apartments, townhomes and a public pocket park.
Jones Lang LaSalle Closes Sale of Nashville Community
Jones Lang LaSalle closes the sale of West End Village, a newly built Nashville community, on behalf of The Residential Group and Edge Principal Advisers.
Advenir Acquires a Sizable Community in Texas
Advenir acquires a 295-unit Class A community in Mesquite from Virtu Investments.