Property Types
Jamestown Picks Greystar to Manage Savannah Student Housing
Jamestown has awarded Greystar Student Living the management of One West Victory Apartments, a new student housing development under way in Savannah, Ga.
High-Tech Memory Care/Assisted Living Property Completed in Suburban Texas
Developers PinPoint Commercial L.P. and Thrive Senior Living have completed Legacy at Bear Creek, a 78-unit assisted living and memory care facility in the affluent Fort Worth suburb of Keller.
Plans Announced for Student Housing at Georgia Tech
Planning is underway on the latest University House property, this one to be built near the campus of the Georgia Institute of Technology, better known as Georgia Tech, in Atlanta.
Vitus Group Plans $8M Renovation on Calif. Affordable Community
Vitus Group announced that it has acquired the St. John’s Apartments, a 158-unit affordable housing community in Richmond, Calif. The company plans to spend $8 million on renovations to modernize the community.
Springs of Corpus Christi Slated for Fall 2014 Completion
Construction on the Springs of Corpus Christi, a 284-unit town home style luxury apartment community in Corpus Christi, Texas, has been awarded to McShane Construction Company by developer Continental Properties Company Inc.
TODAY’S DEALS: JV Sells Brooklyn Mixed-Use Asset for $28.8M
Silverstone Property Group and Adam America sell a property is Williamsburg; and Greystone provides $8.5 million in HUD financing for an Illinois property.
TODAY’S DEALS: Vitus Group Buys NorCal Affordable Asset
An affordable asset will get an update thanks to Vitus Group; Resource Real Estate Opportunity REIT acquires a 192-unit community in Winter Park, Fla.; and NorthMarq Capital arranges a $32.963 million Freddie Mac mortgage with interest only.
Target Demographic: Active Adults
Fifty-five to 75-year-olds like many of the same things as the hipster generation…
South Florida LIHTC Property on the Block
The Royal Castle Cos., the developer and owner of the Villas de Mallorca, a 252-unit apartment property in Miramar, Fla., has put the property on the market.
Affordable Homes Break Ground in D.C.’s Mount Pleasant Community
Dignitaries congregated this week in the Mount Pleasant neighborhood of Washington, D.C., to celebrate the groundbreaking of Monsenor Romero Apartments. The $19 million affordable community, which will feature 63 units, will rise at the site once occupied by the Deauville apartments.