Greenfield Partners launched Domica, an essential employee housing platform designed to address workforce housing challenges for employers in the private club, hospitality, healthcare, and other sectors. The company announced it has begun site work on its first development at Livingston and Radio Roads in Naples, Florida. Domica at Radio Road is a 70-unit community where half of the units are pre-leased to a members-only beach club in Naples. The arrangement aims to provide team members with affordable access to housing

Kennedy Wilson has closed on a three-party joint venture with Hulic Co., Ltd. and Fuyo General Lease (USA) Inc. to acquire One South Market, a 312-unit multifamily community in downtown San Jose, California, for $176 million, the company announced. The transaction represents Kennedy Wilson’s fifth joint venture with Hulic and its first partnership with Fuyo General Lease (USA) Inc. Built in 2015, One South Market is located adjacent to San Pedro Square in downtown San Jose. The high-rise community features

Walker & Dunlop, Inc. has arranged $110,000,000 in refinancing for two multifamily properties in Stafford, Texas. The transaction covers 1879 at the Grid and Arc at the Grid, which together total 731 units within a 192-acre mixed-use development. The company’s Capital Markets Institutional Advisory group arranged the loan as exclusive advisor to Lone Star Funds. The Walker & Dunlop team included Dustin Stolly, Aaron Appel, Keith Kurland, Jonathan Schwartz, Adam Schwartz, Sean Reimer, Michael Ianno, and Edward Leboyer. They arranged

RangeWater Real Estate and Nippon Steel Kowa Real Estate Co. (NSKRE) have broken ground on Ellory House, a 274-apartment community with 39,000 square feet of integrated retail, according to a company announcement. The project is being constructed at the center of Lulah Hills, EDENS’ mixed-use redevelopment of the former North DeKalb Mall in Atlanta. Ellory House is part of a 73-acre redevelopment that includes 320,000 square feet of grocery-anchored retail with for-sale and rental housing oriented around a walkable main

Weidner Apartment Homes announced plans to invest in downtown Wenatchee, Washington, through new residential development and the restoration of a historic building. The company is developing The Majestic Apartments, a 7-story, 212-unit residential community designed with Milbrandt Architects. According to the release, the project takes inspiration from downtown Wenatchee’s architecture and will feature a brick exterior, arched entries, and Art Deco design elements. The development will include 100 public parking stalls within an underground garage. The Majestic is expected to

Prometheus Real Estate Group announced the opening of Harken, a 172-unit apartment community at 5150 El Camino Real in Los Altos. According to the company, this is Los Altos’ first new apartment project in decades. The property offers 1-bedroom and 2-bedroom residences averaging 1,134 square feet each. The development includes 29 below-market-rate affordable housing units. “Due to the lack of construction in recent years, it’s charming downtown, great neighborhoods, and strong school district, it’s been nearly impossible to find a