Cornerstone Communities

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  • Wood Partners Sells Tampa-Area Community

    Northland Investment Corp. paid $52.9 million for the newly constructed property. Located at 23700 Viento Drive, The Village at Terra Bella consists of 14 three-story buildings and an 11,000-square-foot clubhouse with sports lounge.

    08 May 2017 12:07
  • $43M DC Affordable Community to Open Next Spring

    Portner Flats will bring 96 affordable units to the popular U Street Corridor in Northwest, D.C. The project is a public-private partnership between the District, Somerset Development, Jonathan Rose Cos., New Community Partners and other entities.

    03 July 2017 13:57
  • Supportive Housing Coming to Brooklyn

    Comunilife and NYC Health + Hospitals broke ground on a $28 million, 89-unit community that will provide housing to low-income residents and individuals with behavioral health issues.

    22 August 2017 13:57
  • Texas a Draw for Foreign Real Estate Investors

    Property in the Lone Star State is a hot commodity, and that’s not likely to change anytime soon. Here are three reasons why.

    19 May 2017 16:56
  • 4-State, 2,515-Unit Portfolio Commands $430M

    Blackstone acquired six properties in Texas, Florida, Kansas and Illinois from The Realty Associates Fund IX, part of TA Realty's flagship fund series.

    20 April 2017 17:44
  • ReyLenn Properties to Open $60M Denver Community

    Solana Lucent Station will be opened in anticipation of the Southwest Line Extension in Highlands Ranch, Colo., which is home to major employers such as Children’s Hospital Colorado, Skyridge Medical Center and VISA.

    03 August 2017 18:27
  • Michigan Ave. Tower Scores $150M Refi

    MILA, an upscale 402-unit property in Chicago’s East Loop, was developed by a joint venture led by John Buck Co. Proceeds will refinance the construction loan.

    18 August 2017 10:36
  • Berkadia Closes Sale in Historic SLC Neighborhood

    The buyer of the 111-unit community plans to renovate the asset, which was built in 1916 in Salt Lake City’s Avenues neighborhood.

    02 June 2017 13:32
  • Amazon Introduces Multifamily Package Lockers

    The online retail giant is expanding its offerings from its existing Amazon Lockers by adding the Hub, a new package management system tailored for multifamily properties.

    10 August 2017 14:54
  • Ares, TruAmerica Buy Metro Phoenix Property for $31M

    The joint venture plans a multi-million-dollar capital improvement program at Broadstone Gateway, a 240-unit community in Avondale, Ariz.

    15 June 2017 08:53