Property Types
AMCAL to Develop Two L.A. Affordable Housing Communities with Help from TCAC Funds
AMCAL Multi-Housing is building two new apartment developments in the Los Angeles area with funding assistance from the California Tax Credit Allocation Committee.
Fountain Residential Partners Breaks Ground on Second Luxury Student Housing Community
Fountain Residential Partners has broken ground on LoftVue, a student housing facility near Texas Christian University in Fort Worth, Texas. This will be their second student community in the area.
Greystar Announces New Managing Director of Development for Student Living Portfolio
Greystar recently announce the hiring of Lance Hanna as managing director of development for its student living portfolio.
Behringer Harvard Starts Construction on Delray Beach Luxury Development
Construction has begun on a 180-unit luxury apartment community in Delray Beach, Fla., Behringer Harvard announced recently.
MHN Interview: CEO of CDT Discusses the State of Capital for Affordable Housing
The Community Development Trust recently was awarded $1.45 million from the Community Development Institutions Fund (CDIF) to preserve affordable housing. MHN talks to Joe Reilly, president and CEO of CDT about this award, as well as the state of capital for affordable housing across the country.
Chinese Developer Announces Residential and Commercial Developments in Two Very Different Markets
A Chinese development company has announced the beginning of works on two different real estate projects worth $35.3 million.
Designers: Share Your Projects with ASI ‘Power of Materials’ Contest
Innovative materials help create multifamily spaces that stand apart. Architectural Systems, Inc. (ASI) wants to showcase those properties on its website and is now accepting entries for its Power of Materials Contest. Enter your best and most recent project photos from global rental, condo and mixed-use properties and you could win an iPad. The contest ends September 7. Send high-resolution images along with your headshot and a description of the project along with an explanation of how ASI products met the design intent and helped support the client’s business objectives. Email materials to greddick@archsystems.com by September 7.
TODAY'S DEALS: CBRE N.E. Sells 550-unit Massachusetts Asset
CBRE N.E. Partners sells a 550-unit TOD community; HFF secures $27 million for a Texas asset; and Johnson Capital arranges $20.1 million in 35-year amortization loans for two assisted-living complexes.
TODAY'S DEALS: Archstone Partnership Acquires Boston-area Asset for $94.3M
Archstone buys a Boston-area apartment; National Health Investors completes a $25.2 million purchase of a senior living campus; and Greystone provides a $21 million refinancing for an affordable housing asset in Connecticut.
Inland American Communities Group Completes Construction on Fully Leased Student Housing
Inland American Communities Group has completed construction of the University House student residential community at the University of Central Florida.