Embrey Closes on Second Land Purchase in Charlotte, North Carolina
CHARLOTTE, N.C., Nov. 18, 2022 /PRNewswire/ — Embrey has closed on the land purchase for Finley, a 343-unit multifamily community project in Charlotte, North Carolina. The project is Embrey’s second in the Charlotte market and is in the vibrant University City submarket. The location offers future residents close access to the city center, shopping, leisure activities and to the University of […]
Century Living Announces 300-Unit Apartment Project in Parker, CO
Compark Apartments to offer garden-style units & desirable amenities in prime location GREENWOOD VILLAGE, Colo., Nov. 17, 2022 /PRNewswire/ — Century Communities, Inc. (NYSE: CCS), a top 10 national homebuilder and industry leader in online sales, announced that Century Living—the Company’s national multifamily and build-to-rent division—has broken ground on a 300-unit apartment project in Parker within the Compark Business Campus. […]
Walker & Dunlop Arranges $204 Million for Mixed-Use Property in Brooklyn
BETHESDA, Md., Nov. 16, 2022 /PRNewswire/ — Walker & Dunlop, Inc. announced today that it has secured $204 million in loan proceeds from MF1 Capital to refinance The Axel, a 29-story mixed-use multifamily and commercial asset with 284 multifamily units located at 550 Clinton Avenue and 539 Vanderbilt Avenue in Brooklyn, New York. The Walker & Dunlop team, comprised of Aaron Appel, Keith Kurland, Jonathan […]
LandSouth Breaks Ground on Causeway Apartments
JACKSONVILLE, Fla., Oct. 27, 2022 /PRNewswire/ — LandSouth Construction, a Jacksonville, Fla.-based, award-winning general contractor, has broken ground on Causeway Apartments, an upscale multifamily development in Land O’Lakes, FL. Causeway Apartments is scheduled for completion in early Fall 2024 and will be located on Land O’Lakes Boulevard. “LandSouth is excited to bring Causeway Apartments to life,” shared James Pyle, LandSouth President and […]
Real Estate Powerhouses – RREAF Holdings, DLP Capital and 3650 REIT – Partner to Purchase $500 Million Southeast Portfolio Spanning Seven States
DALLAS, Oct. 6, 2022 /PRNewswire/ — RREAF Holdings LLC, a private real estate investment and development firm, in partnership with 3650 REIT and real estate investment and financial services firm DLP Capital, today announced the acquisition of “Southeast Multifamily Portfolio III,” with a capitalization of approximately $500 million. The portfolio includes 10 multifamily properties consisting of over 2,744 units located in Arkansas, Georgia, Indiana, Mississippi, North Carolina, Oklahoma, […]
Dewitt Carolinas, Inc. Begins Construction of 1000 Social, the First of Two Office Towers in The Exchange Raleigh
RALEIGH, N.C., Sept. 22, 2022 /PRNewswire/ — Dewitt Carolinas, Inc., a real estate development firm specializing in large scale mixed-use, multifamily, and commercial properties throughout the Carolinas, today broke ground on 1000 Social, the first of two twelve-story office towers at its 40–acre, billion-dollar project, The Exchange Raleigh. 1000 Social will establish the mixed-use project’s overall aesthetic, with modern architecture […]
Bell Partners Appoints Mark Bates to Lead Western U.S. Investment Activity
GREENSBORO, N.C., Sept. 21, 2022 /PRNewswire/ — Bell Partners Inc., one of the nation’s leading apartment investment and management companies, today announced the appointment of Mark Bates as Senior Vice President, Investments. In this role, Mr. Bates will oversee Bell Partners’ multifamily investment activity in the Western U.S. region, including Seattle, the Bay Area, Southern California, Denver and Austin. He will report to Nickolay Bochilo, […]
WNC Fund 53 Raised $153 Million in Institutional LIHTC Equity to Develop and Renovate Over 1,300 Affordable Housing Units
IRVINE, Calif., Sept. 16, 2022 /PRNewswire/ — WNC, a leading provider of investment, asset management and development services in the affordable housing industry, announced today it has closed WNC Institutional Tax Credit Fund 53, L.P. (Corp 53), a low-income housing tax credit (LIHTC) fund totaling $153.4 million in equity. Corp 53 raised the $153.4 million in equity from a total of nine […]
Cove Capital Investments Acquires Value-Add Multifamily Community in Growing Dallas Fort-Worth, Texas Neighborhood for Its Cove Multifamily 59 DST
The acquisition represents another Texas multifamily purchase by Cove Capital as it continues to build a portfolio of debt-free multifamily offerings for accredited investors seeking Delaware Statutory Trust 1031 Exchange or Direct-Cash real estate Investments LOS ANGELES, Sept. 16, 2022 /PRNewswire/ — Cove Capital Investments, LLC, a DST Sponsor Company specializing in debt-free Delaware Statutory Trusts (DSTs) and other […]
Ashland Greene Capital’s Strong Push in DFW Metroplex Continues with New Fund V – Its First 506(c)
DALLAS, Sept. 14, 2022 /PRNewswire/ — Ashland Greene Capital, a Dallas-based multifamily real estate investment firm, has announced its first 506(c) fund as it continues to grow its portfolio. Ashland Greene is a vertically integrated real estate company that currently owns and operates $1 billion of assets in more than 5,100 units in the Dallas-Fort Worth metroplex. Previously […]