PEF Advisors Preserves Affordable Senior Housing With Carroll Tower Acquisition In St Charles
Preservation Equity Fund Advisors (PEF Advisors) has acquired Carroll Tower, a 108-unit affordable senior housing community in St. Charles, Illinois. The six-story property, originally developed in 1984 as a Project-Based Section 8 community, serves residents 62 years of age or older and is positioned along the Fox River in downtown St. Charles, adjacent to Hotel […]
Sagard Real Estate Acquires Belmont Place in Marietta Expanding Southeast Multifamily Footprint
Sagard Real Estate has acquired Belmont Place, a 326-unit Class A garden-style multifamily community located at 2825 Windy Hill Road Southeast in Marietta, Georgia. The property sits in Atlanta’s Cumberland/Galleria submarket and expands Sagard’s multifamily footprint in the Southeast. Built in 2004, Belmont Place comprises 12 residential buildings across a low-density 25.75-acre site. The community […]
Avia Equities Expands Into San Antonio With Acquisition Of Blair At Bitters
Avia Equities has added Blair at Bitters, a 190-unit garden-style community in San Antonio, Texas, to its Central Texas portfolio. The acquisition reflects the firm’s focus on well-located, attainable housing in high growth markets and advances a value-add business plan that targets interior and exterior renovations, along with upgrades to common areas and amenities to […]
How A Women-Owned Contractor Builds Trust In Multifamily
Send us Fan Mail A contractor license test, a “superhero pose,” and a bid walk where people assume you’re the cleaning crew. Those moments are funny after the fact, but they reveal something serious about leadership in multifamily construction: trust is earned through preparation, boundaries, and consistent delivery. We’re joined by Roxana Brito, Co-Founder and […]
REDICO and Ciel Senior Living Form Joint Venture to Develop Senior Living Community in Rehoboth Beach Delaware
REDICO and Ciel Senior Living have formed a joint venture to design and build a new senior living community in Rehoboth Beach, Delaware. The project is positioned to meet growing demand for high-quality senior housing in Sussex County and the surrounding region while reflecting renewed confidence in developing and financing new senior housing communities. Under […]
Rockpoint and Urby Partner to Deliver Major Multifamily Tower on Jersey City Waterfront
Rockpoint and Urby have formed a joint venture to acquire land and develop a 69-story multifamily tower on the Jersey City Waterfront. The project, 201 Hudson – by Urby, will deliver 748 market-rate studio, one-, two- and three-bedroom apartments, roughly 10,000 square feet of retail and 102 surface parking spaces. It represents the second phase […]