Property Types
Google Invests in ROEM Corp.’s New Affordable Community
ROEM Corp. announced the grand opening of Franklin Street Family Apartments, a $23.4 million affordable apartment community. Google has invested $6.5 million in equity into the community, plus a grant of $81,859 for computer equipment and free Internet access for residents.
Alliance Residential Company’s The Hesby Gets Star Treatment in North Hollywood
The Hesby, a new six-story, $50 million, 308-unit apartment community offering upscale amenities reminiscent of those found at swanky resort hotels, has opened at 5031 Fair Ave. in North Hollywood (NoHo).
Senior Lifestyle Developing Retirement Community in Northbrook, Ill.
Senior Lifestyle is developing North Shore Place, a five-story retirement building in Northbrook, Ill., that is set to open in summer of 2014.
LDG Development Breaks Ground on $21M Affordable Austin Community
LDG Development announced the ground breaking of a new 228-unit affordable community in Austin, Texas.
Peabody Property’s Community for Veterans to Open in September
Valley Brook Village, a supportive residential property for returning servicemen and women, will open next month. Designed by The Architectural Team in partnership with Peabody Properties, the developer, it will house 62 veterans at risk for homelessness.
The Marquette Companies Develops 220-Unit Apartment Community in Algonquin, Ill.
The Marquette Companies has opened the recently developed Algonquin Square, a 220-unit garden-style community located adjacent to the Algonquin Commons lifestyle shopping center, in Algonquin, Ill.
Crescent Taps Greystar to Manage Charlotte Student Housing
Crescent Communities has awarded Greystar Student Living a contract to manage Circle University City, a 546-bed (187-unit) student housing property it’s developing in Charlotte, N.C. This is the second student living assignment with Crescent Communities for Greystar.
Fields Development Group’s Upscale ‘Madox’ Leased Up in Jersey City
Madox, the latest upscale rental property from Fields Development Group, is completely leased up. The milestone was reached less than 12 months after the 131-unit luxury apartment property was unveiled.
Medici Communities and Urban Land Conservancy Open $12.35M Affordable TOD
The Urban Land Conservancy and Medici Communities have opened an affordable, transit-oriented development at the Evans Light Rail Station in Denver. The community, called Evans Station Lofts, cost $12.35 million.
Peak Campus Management to Manage Flats at West Village
The management of Charlottesville‘s newest purpose-built student housing asset, The Flats at West Village, has been awarded to Peak Campus Management.