Property Types
Bernards Awarded California Luxury Community Contract
Bernards, a nationally ranked commercial builder, has been awarded the construction contract for Carlyle at Colton Plaza, a multi-million dollar residential community in Irvine, Calif.
The Better Housing Coalition Receives $500,000 Loan from Mercy Loan Fund and Bon Secours Health System
Thanks to a $500,000 loan and an extended line of credit from Mercy Loan Fund and the Bon Secours Health System, the Better Housing Coalition in Richmond, Va., will be able to expand its development of high-quality, affordable workforce housing in the Blackwell neighborhood more rapidly.
Picerne Military Housing Expands into the Student Housing Market
Picerne Military Housing, announced today that it is expanding to the student housing market with the launch of a new parent company called Corvias Group, and a new student housing division called Corvias Campus Living.
Unithree Completes $12M Rehab of Staten Island Affordable Housing Development
Unithree Investment Corp. has completed a $12 million improvement program on the Parkhill Affordable Housing Complex in Staten Island.
New Affordable Housing Opens in Bed-Stuy
Madison Putnam, a new 48-unit affordable housing development in the Bedford-Stuyvesant section of Brooklyn, N.Y., has opened.
TODAY’S DEALS: Campus Crest Starts $82.5M of New Projects
Campus Crest announces three projects; Grandbridge Real Estate Capital provides a $24 million first mortgage loan; and Essex Realty Group brokers the sale of a four-unit mixed-use property for $1.5 million.
Passco Acquires Luxury Alabama Apartment Community
In a multimillion-dollar transaction, Irvine, Calif.-based real estate investment firm Passco Companies LLC has acquired a 260-unit luxury apartment community called Stonegate in Birmingham, Ala.
Historic Gothic Building Redeveloped into Luxury Apartment Community
It is possible to have all the charm of an old building with all the conveniences and luxury of a new one, as 806 Capital and Federal Capital Partners are proving with The Arch, a historic gothic building open for pre-leasing of luxury apartments.
CNL Healthcare Trust Expands Senior Housing Portfolio with $226M Acquisition
CNL Healthcare Trust, Inc., a real estate investment offering focused on senior housing and healthcare real estate, purchased seven senior housing communities valued at nearly $226 million through a joint venture agreement with Sunrise Senior Living, Inc.
Aimco Raises More Than $400,000 to Benefit Military Families and Students
Military personnel returning from duty, and college-bound students living in subsidized affordable housing are the beneficiaries of funds raised in the 9th annual Aimco Cares Golf Classic sponsored by Apartment Investment and Management Company.