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News
400 South Tryon Mixed-Use Redevelopment to Include 399 Residences and W Hotels in Uptown Charlotte
3+ day, 22+ hour ago (312+ words) Spandrel Development Partners announced major plans for the mixed-use transformation of a former office tower will include 399 unbranded residences and a 200-key W Hotels property. Plans have been filed to transform the mostly vacant 32-story 400 South Tryon tower into nearly…...
Kennedy Wilson in Partnership with Shimizu Corp Announce Plans for 382-Unit Luxury Multifamily Community in Sandy Springs Georgia
3+ day, 23+ hour ago (180+ words) Kennedy Wilson has unveiled plans for Caldwell, a 382-unit luxury community in Sandy Springs, Georgia. The $139 million project, the firm’s first in the state, is being developed through a partnership with Japanese construction company Shimizu Corp. Caldwell is being developed…...
Morgan Stanley Pays $91M for Tampa Florida Multifamily Senior Communities
3+ day, 23+ hour ago (411+ words) Morgan Stanley Investment Management has purchased two senior communities totaling 299 units in the Tampa, Fla., and Orlando, Fla., metro areas, through its Morgan Stanley Real Estate Investing funds. The portfolio comprises the 193-unit Sonata Lake Mary in Lake Mary, Fla.,…...
New York State and Community Renewal Announces Completion of 72-Unit Mixed-Use Affordable Multifamily Development in Broome County
4+ day, 53+ min ago (97+ words) yieldpro.com The development offers 12 supportive apartments for residents who will receive on-site services through the YMCA of Binghamton and Broome County. The supportive apartments are funded by an Empire State Supportive Housing Initiative and administered by the New York…...
Hunington Residential Sells Its Third Houston Multifamily Disposition The Vic at Jordan Ranch
4+ day, 1+ hour ago (163+ words) yieldpro.com Hunington Residential, the residential development arm of Hunington Properties, Inc., announced the sale of The Vic at Jordan Ranch, a 365 unit, approximately 302,619-square-foot multifamily community located at 2011 Texas Heritage Parkway in Katy, Texas, to an institutional buyer. The…...
Eastwind Development Begins Construction on The Aston at Longleaf in Florida’s Space Coast Region
5+ day, 1+ hour ago (500+ words) Yield PRO Eastwind Development, a premier multifamily development company with a proven track record across Florida, started construction on The Aston at Longleaf, a 264-unit luxury apartment community located on Preserve Drive in Melbourne, Florida. The beginning of construction immediately…...
JLL Capital Markets Secures $21.5M Construction Loan for Miami Dade County's Newest Multifamily Mixed-Use Development
1+ week, 3+ day ago (671+ words) Yield PRO JLL Capital Markets announced today that it has arranged a $21.5 million construction financing for MMG Equity Partners’ Coral Nest development, a mixed-use project featuring 38 for-sale townhomes and three retail outparcels in Miami, Florida. JLL represented MMG Equity Partners,…...
$76.25M in Capital Secured for Multifamily Apartment Project Thompson Oaks in West Saint Paul
1+ week, 3+ day ago (691+ words) Yield PRO JLL Capital Markets announced that it has secured financing totaling $76.25 million for Thompson Oaks, a 291-unit multi-housing development located along the Robert St corridor in West St. Paul, Minnesota. JLL represented the Sponsor, Greco and Swervo Management, in…...
Tishman Speyer's TS Plus Acquires Rise a 376-Apartment Community in Anaheim
1+ week, 3+ day ago (374+ words) Tishman Speyer acquired the 340,000-square-foot residential property on behalf of its TS Plus fund. The purchase was financed in part by an $88 million loan through Freddie Mac. Completed in 2020 and currently 95 percent leased, Rise offers luxury apartments ranging from studios…...
SCALE Lending Issues $245M Bridge Loan for Upland Park Phase 1A Completion
1+ week, 4+ day ago (262+ words) SCALE Lending, the debt financing arm of Slate Property Group, announced that it has finalized a $245 million bridge loan for Terra Group for Upland Park Phase 1A, a six-building multifamily community under construction in the Sweetwater neighborhood of Miami, Florida. Terra…...