Property Types
NYC Condo Property Now Offers Bigger Units
It’s a mark of the recovery of the condo market in New York that condos aren’t only selling again, but demand is rising for larger units.
Village Green Acquires Detroit Luxury Apartments; Plans to Renovate
Village Green, a Detroit-based luxury apartment owner and operator, has acquired Millender Center Apartments, which includes 338 luxury units that the company plans to renovate and reposition.
TODAY’S DEALS: EdR to Build $46.1M Asset at Duke University
EdR announces plans for development at Duke; UC Funding closes a $12.1 million bridge loan for the acquisition and renovation of a Charlotte asset; and NorthMarq Capital arranges $10.1 million in Freddie Mac acquisition financing.
Mainstreet Property Group Announces Acquisitions for Affiliated REIT
Mainstreet Property Group announced on March 25 that the board of directors of its affiliated REIT, HealthLease Properties Real Estate Investment Trust, has approved acquisition of 13 senior housing and care properties.
Bernards Begins Phase II of $67M Mixed-Use Community
Commercial developer Bernards is building the final phase of Decron Properties Corp.’s $67 million mixed-use project. The community, called Playa Del Oro, is located in Westchester, a suburb of Los Angeles.
Campus Apartments to Create New Howard University Student Housing
A dedicated residential neighborhood for underclassmen will be established at Howard University, according to development plans announced by Campus Apartments.
Holiday Retirement Names Edward F. Lange, Jr. Chief Executive Officer
Holiday Retirement announced today that Edward F. Lange, Jr. has been named the company’s chief executive officer, succeeding Jack Callison, Jr Lange assumes his new role effective immediately.
Tribeca’s Tallest Building Ever Being Developed
Alexico Group LLC and Hines, in partnership with Dune Real Estate Partners LP and funds managed by Goldman Sachs, is developing 56 Leonard, which at 830-feet high will be the tallest building ever built in New York City’s popular Tribeca neighborhood.
California Multifamily Developer Plans Project in Texas
AMCAL Multi-Housing has unveiled plans for AT Villages at Cypress, a 162-unit, mixed-income seniors housing property.
Penthouse Model Opens in Chicago’s West Town
Wicker West 1555, a nine-unit mixed-use condominium development at North and Talman Ave. in Chicago’s West Town, is offering a contemporary, professionally furnished and decorated new duplex penthouse model.