Landmark Properties to Develop Third Project in Berkeley, California
High-rise project will cater to area faculty, staff, and students ATHENS, Ga., Nov. 23, 2022 /PRNewswire/ — Landmark Properties, a fully-integrated real estate firm specializing in development, construction, investment management, and operation of high-quality residential communities, announces its third project in the Berkeley, California market. Landmark’s proposed project will be located at 2190 Shattuck Avenue just steps from campus […]
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 […]
Olympus Property Acquires Luxury Class A Property in San Diego, CA
FORT WORTH, Texas, Nov. 15, 2022 /PRNewswire/ — Olympus Property is pleased to announce the acquisition of The Residences at Escaya, a 272-unit luxury Class A property in Chula Vista, California, 15 miles from Downtown San Diego. The Residences at Escaya is situated in Chula Vista’s rapidly growing Otay Ranch neighborhood, the best-selling 450-acre master planned community in San Diego. The property is located […]
McCourt Partners and TRU Development Announce Partnership to Develop Class A Multifamily Project in Henderson, Nevada
LAS VEGAS, Nov. 15, 2022 /PRNewswire/ — McCourt Partners, one of the most visionary and community-driven family-owned real estate development companies in the U.S., announced today a partnership with experienced Las Vegas-based TRU Development Company, a market leader with deep roots in the region, to develop a 244-unit, Class A apartment building in Henderson, Nevada. The project is set […]
Capital Square Begins Construction of Steamboat Basecamp Multifamily Development in Steamboat Springs, Colorado
STEAMBOAT SPRINGS, Colo., Nov. 10, 2022 /PRNewswire/ — Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and a developer of mixed-use multifamily communities, today announced the start of construction on Steamboat Basecamp, a 119-unit mixed-use multifamily property in Steamboat Springs, Colorado. The development is expected to be completed by fall 2023. Located at 1901 […]
Safehold Closes First Multifamily Transaction in Salt Lake City, Utah
NEW YORK, Nov. 10, 2022 /PRNewswire/ — Safehold Inc. (NYSE: SAFE), the creator and leader of the modern ground lease industry, has closed on a $26.5 million ground lease to facilitate the ground-up development of One Burton, a fully amenitized 180-unit multifamily project located in South Salt Lake’s new downtown district. The Qualified Opportunity Zone project will be developed by a new Safehold customer, […]
The Boca Raton Tower Reopens Following a Stunning Transformation
BOCA RATON, Fla., Nov. 8, 2022 /PRNewswire/ — South Florida’s iconic resort and private club, The Boca Raton, celebrates the opening of Tower, its fully reimagined fifth hotel that provides an elevated new perspective on luxury travel. Following a $65 million transformation, the 27-story Tower, situated next to the newly constructed Harborside Pool Club, showcases expansive suites, breathtaking vistas, and distinct programming […]
Avanta Hires Matthew Lynch as Director of Development for Florida
BOCA RATON, Fla., Nov. 8, 2022 /PRNewswire/ — Avanta Residential announced today that Matthew Lynch has been hired as Director of Development for Florida. In his role Mr. Lynch is responsible for sourcing and developing institutional quality rental neighborhoods throughout the state, including site selection, contract negotiations, overall relationship management, due diligence, and design. Matthew has over 12 years […]