Canyon Partners Provides $14.8 Million Preferred Equity Investment for 266-Unit Multifamily Development in South Carolina
INDIAN LAND, SC – Canyon Partners Real Estate announced that it has provided a $14.8 million preferred equity investment in a joint venture with The Widewaters Group for the development of Parkstone at Indian Land, a Class-A, 266-unit, garden style residential community in Indian Land, S.C. Widewaters will lead development of the community, which is […]
The Bascom Group Acquires 230-Unit Avenida Lakewood Active Adult Apartment Community in West Denver Submarket of Lakewood
IRVINE, CA – The Bascom Group in partnership with Artemis Real Estate Partners has acquired Avenida Lakewood, a 230-unit Active Adult (55+) apartment community located at 11001 West 15th Place in Lakewood, Colorado. The Class A property marks Bascom’s 36th multifamily acquisition in Colorado. Ryan Maconachy and Courtney Crowder at Newmark brokered the transaction. Brian […]
Sunrise Senior Living Breaks Ground on Its First Community in Miami Metropolitan Market with 94-Unit Sunrise of Coral Gables
CORAL GABLES, FL – Sunrise Senior Living, an industry pioneer and leading provider of senior living and housing services, announces the groundbreaking of its first senior living community in the Miami-metro area, Sunrise of Coral Gables. Sunrise’s personalized approach has become a gold standard for the senior living industry throughout its more than 40-year history. […]
Hunt Companies to Develop Luxury Multifamily Project – The Caroline Eastside Apartments, in Richardson, TX
EL PASO, Texas — Hunt Companies, Inc. (Hunt) today announced that it is developing a 384-unit, Class-A apartment building in Richardson, Texas, scheduled for early 2025 move-ins. The Caroline Eastside Apartments is being developed by Hunt with Walker Dunlop serving as lender. The building was designed by HEDK Architects and construction will be led by KWA Construction. ZRS Management will […]
TGM REFINANCES MULTIFAMILY COMMUNITY IN ST. PETERSBURG, FL
NEW YORK, March 16, 2023 — TGM announced today the mortgage refinancing for TGM Bay Isle, a 582-unit multifamily apartment community in St. Petersburg, Florida. TGM Bay Isle received Green Globes Certification enabling TGM to secure competitive borrowing terms from Fannie Mae as a result of the property’s green efficiency and sustainability. The refinancing opportunity was originated […]
Olympus Property Expands California Footprint with 179-unit West Hollywood, CA Acquisition
FORT WORTH, Texas, March 17, 2023 — Olympus Property is pleased to announce the acquisition of Angelene Apartments, a 179-unit apartment community located in West Hollywood, California. Established in 1992 with a steadfast vision of becoming a leader in the multifamily real estate industry, Olympus Property boasts a wealth of experience and a hands-on approach throughout the […]
Canyon Partners Provides $14.8 Million Preferred Equity Investment for 266-Unit Multifamily Development in South Carolina
INDIAN LAND, SC – Canyon Partners Real Estate announced that it has provided a $14.8 million preferred equity investment in a joint venture with The Widewaters Group for the development of Parkstone at Indian Land, a Class-A, 266-unit, garden style residential community in Indian Land, S.C. Widewaters will lead development of the community, which is […]
CHASE PROPERTIES ANNOUNCES THE ACQUISITION OF PINE TREE PLAZA, JANESVILLE, WISCONSIN
BEACHWOOD, Ohio, March 14, 2023 — Chase Properties, a Beachwood, Ohio-based owner and operator of shopping centers, announces the acquisition of Pine Tree Plaza, an open-air shopping center located in Janesville, Wisconsin. Pine Tree Plaza is a 184,834 square foot shopping center anchored by TJ Maxx, HomeGoods, Michaels, Old Navy, and Petco. Pine Tree Plaza is situated in […]
Cantor Fitzgerald and Silverstein Properties Close $165 Million Construction Loan for 354-Unit Apartment Building in New York City
NEW YORK, NY – Affiliates of Cantor Fitzgerald, a leading global financial services firm and real assets investment company, and Silverstein Properties, a leading global full-service real estate development, investment, and management firm, announce the closing of construction financing for 44-01 Northern Boulevard, a project that Cantor Silverstein Opportunity Zone Trust is invested in. Cantor […]
Locale Hospitality Expands into California with the Opening of Locale Menlo Park at Springline
MENLO PARK, Calif., March 10, 2023 — Locale Hospitality, a leading brand and manager of apartment-style accommodations for short and extended stays, today announced its expansion into California with the opening of Locale Menlo Park within Presidio Bay’s Springline, the Bay Area’s most anticipated mixed-use development. The tech-forward hospitality company will manage 15 one-bedroom and two-bedroom residences at Springline, a modern […]