Friday, March 29, 2024

News

Lower Broadway

Kushner Breaks Ground on $130M Mixed-Use Project on Lower Broadway in Long Branch New...

Kushner officially broke ground on a transformative $130 million mixed-use residential and retail development located on Lower Broadway in Long Branch, New Jersey. The project is poised to infuse new vitality into the city's...
Hancock Bridge Square

Mast Capital Secures $65M Construction Loan for Multifamily Development Hancock Bridge Square in Fort...

Mast Capital, one of the state’s most active real estate development and investment firms, in partnership with Chicago-based private equity group BLG Capital Advisors, announces it has secured financing and broken ground on an upscale residential rental...
Flagler Village

Berkadia Structures $14.55M BTR Sale of Flagler Village in Fort Lauderdale

Berkadia announced that it structured the sale of ID Flagler Village, a 24-unit, townhouse build-to-rent (BTR) property in Fort Lauderdale, Florida. Located at 113 NE 6th Street, the community is conveniently located in Flagler Village,...
Cirrus at Aqua

West Shore Continues Growth with Acquisition of Cirrus at Aqua in Bradenton Florida

West Shore, a fully integrated real estate investment firm with a specific focus on the acquisition and management of multifamily assets throughout the southeastern and southwestern United States, announced its acquisition of Cirrus at...
positive rent growth in March

Rent growth again positive in March

The latest rent report from Apartment List shows that the national median monthly rent growth in March was +0.6 percent, the second consecutive gain after several months of declines. Year-over-year rent growth was -0.8...
Alexan West End

CBRE Secured $200M in Financing for Long Beach Multifamily Development Alexan West End

CBRE secured $200 million in financing for developing Alexan West End, a 600-unit multifamily community in Long Beach, on behalf of R&V Management and Trammell Crow Residential. The property is located just north of...
The Parker Tucson

The Parker Tucson Luxury Student Housing Complex for the University of Arizona Sells for...

The Parker Tucson at 947 N Park Avenue, a luxury student housing complex with 130 units / 482 beds in 213,400 square feet living space in an 8-story LEED Silver Certified community. The project...
Weldon Spring

New Perspective to Open Premium Senior Living Community ‘Weldon Spring’ This Summer Near St....

New Perspective proudly announces the opening of its leasing office for its newest community, New Perspective - Weldon Spring. Set to welcome residents in mid-summer 2024, this vibrant community is located at 400 Siedentop...
Solomon

Endeavor Unveils Mueller’s Newest Luxury Apartment Community Solomon in Austin Texas

Endeavor Real Estate Group is pleased to announce that its newest apartment community, Solomon, is opening and welcoming residents this month. "Solomon has a high-end feel with market-leading finishes and amenities that residents will love,"...
Baldwin Chase

CAPREIT Announces Grand Opening of Baldwin Chase BTR Single-Family Homes Near Greenville South Carolina

CAPREIT, a fully integrated real estate operating company responsible for the ownership and management of more than $5 billion of multifamily assets, announced the grand opening of Baldwin Chase, the company’s first single-family build-to-rent...
cost of homeownership versus renting

Renting cheaper than buying in top metros

A new report from Realtor.com finds that renting a starter home is less expensive than buying one in all 50 of the largest metros in the United States, sometimes by a wide margin. Assessing rents...
MDXL Flats Apartments

TM Associates Announces Grand Opening of Luxury Affordable Apartment Community MDXL Flats Apartments in...

TM Associates, United Planning Organization (UPO), and Gilbane Building Company were joined by the Department of Housing and Community development (DHCD), Department of Human Services (DHS), DC Housing Finance Agency (DCHFA), partners, and community members...
Icon/Echo

Urban Catalyst Recaps San Jose Mixed-Use Office, Retail, and Multifamily Site Icon/Echo

Urban Catalyst has landed financing to recapitalize the land site and pre-construction costs for the Icon/Echo, Urban Catalyst’s mixed-use redevelopment project planned for downtown San Jose, California. Gantry provided the $10.5 million bridge loan. After...
Cosanti Commons

HSR and DPC Cos Plan Future Development for Mixed-Use Multifamily Project Cosanti Commons in...

The City of Scottsdale is reviewing plans for a $100 million mixed-use project Cosanti Commons at the high-profile intersection of Scottsdale Boulevard and Shea. DPC Cos, along with High Street Residential, are teaming up on...
Harrison Park

Bridge Tower Properties Announces Grand Opening of Residences at Harrison Park in DFW

Bridge Tower Properties proudly announces the opening of The Residences at Harrison Park, a new build-to-rent development with 55 luxury homes for lease. Nestled in the heart of Melissa, Texas, Harrison Park offers a harmonious...
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