JPI Secures Financing for $150M Portico Project as Cornerstone of Long Beach Urban Renewal
JPI partners with Tokyo Tatemono US Ltd. and BMO Bank on Portico, a cornerstone of Long Beach's $150M Mosaic redevelopment. The project introduces 272 multifamily units and expansive retail space, heralding a transformed urban landscape by 2028.
Clover Capital Partners Acquires The Woodlands of Plano in Key Strategic Expansion
Clover Capital Partners acquires The Woodlands of Plano, a 232-unit property in a growth-oriented move, leveraging a notable financing strategy with low fixed-rate debt, showcasing their investment savvy and alignment with multifamily industry trends.
The Lofton Unveiled: A New Chapter in Accessible Housing for Columbus’s South High Neighborhood
The NRP Group launches The Lofton in Columbus, providing 245 housing units for incomes between 30-80% AMI. This family-focused development, backed by city and nonprofit partnerships, promises to enhance the South High neighborhood with amenities and community spaces designed for growth and connectivity.
CIM Group Expands Portfolio with Acquisition of Overture Hamlin Active Adult Community
CIM Group acquires Overture Hamlin, adding a 180-unit, 55+ active adult community to its portfolio. The Orlando property offers upscale amenities and programming for resident engagement and connection, aligning with demographic trends in senior living.
Eagle Partners Seals $107M Deal to Preserve Affordable Housing in San Gabriel Valley
Eagle Partners secures a $107-million deal for The Hills at Hacienda Heights, ensuring long-term affordability for 350 units. This collaborative effort with Red Stone Equity, JPMorgan Chase, and CalHFA highlights a strategic approach to affordable housing in Southern California.
Thompson Thrift Announces Venture on Venetucci, a New Luxury Multifamily Development in Colorado Springs
Thompson Thrift announces Venture on Venetucci, a new luxury multifamily project in Colorado Springs for March 2027, reflecting the city’s economic growth with 336 upscale units and resort-like amenities amidst the stunning Colorado landscape.