Author

Channing Hamilton

Ben Hill
DevelopmentGeorgiaNewsSoutheast

Wood Partners Breaks Ground on 236-Unit Project in Atlanta

by Channing Hamilton

ATLANTA — Wood Partners has broken ground on Ben Hill, a 236-unit community in Atlanta. Units will come in one-, two- and three-bedroom floor plans. Amenities will include a clubroom, coworking space, day offices, a fitness center, pool and dog park. The property is located near Hartsfield-Jackson Atlanta International Airport, as well as major industrial corridors such as the Fulton Industrial Corridor and the I-85 South industrial corridor. The locally based developer began constructing the project in January. Ben Hill is slated for completion in August 2026.

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The Astoria
DevelopmentFinanceNewsUtahWestern

Midtown Capital Receives $31.5 Million Bridge Loan for Salt Lake City Development

by Channing Hamilton

SALT LAKE CITY — Midtown Capital has secured a $31.5 million bridge loan to complete the construction of The Astoria, a 149-unit property situated in the Fairpark District of Salt Lake City. Located at 11 N. 800 West, the seven-story asset will offer 372-square-foot micro units, 545-square-foot studios and one- and two-bedroom floor plans up to 955 square feet each.  The development is slated for completion in the third quarter of 2025. Scott Wadler, Patrick Johnson, Mitch Sinberg, Brad Williamson and Matt Robbins of Berkadia arranged the financing. New York-based …

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50 Hudson St.
DevelopmentFinanceNew JerseyNewsNortheast

Tishman Speyer Receives $331 Million Construction Loan for Jersey City Apartment Tower

by Channing Hamilton

JERSEY CITY, N.J. — Tishman Speyer has received a $331 million loan from global investment group CDPQ for the construction of a 40-story apartment tower in Jersey City. Located at 50 Hudson St. in the Paulus Hook neighborhood, the community will consist of 924 apartments and 10,000 square feet of street-level retail space. Units will come in studio, one- and two-bedroom floor plans. The New York City-based developer plans to break ground on the tower in the coming weeks, with completion slated for 2028. The development is the sister building of 55 …

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Halstead Tarrytown
Investment SalesNew YorkNewsNortheast

DSF Group Sells 300-Unit Community in Tarrytown, New York

by Channing Hamilton

TARRYTOWN, N.Y. — The DSF Group has sold Halstead Tarrytown, a 300-unit asset located in Tarrytown, about 30 miles north of New York City. Built in 1998, the property consists of 11 two-story buildings offering a mix of one- and two-bedroom apartments. The JLL Suburban Tri-State Capital Markets team represented the seller and procured the buyer in the deal. The identity of the buyer and the sales price were not disclosed.

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Solaire Apartments
ColoradoInvestment SalesNewsWestern

Milestone Acquires Solaire Apartments in Denver Suburb

by Channing Hamilton

BRIGHTON, COLO. — The Milestone Group has purchased Solaire Apartments, a 252-unit community located at 1287 S. 8th Ave. in Brighton, roughly 21 miles northeast of Denver. The purchase price was not disclosed. Solaire Apartments offers one-, two-, and three-bedroom apartments. Residents have access to shared amenities including a clubroom with a kitchen and business center, fitness center, dog park, playground, native grass areas and a pool with a lap lane, hot tub and lounge.

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Amber Valley Apartments
Investment SalesMidwestNewsNorth Dakota

Gindi Equities Acquires Amber Valley Apartments in Fargo, North Dakota

by Channing Hamilton

FARGO, N.D. — Gindi Equities has acquired Amber Valley Apartments, a 162-unit property in Fargo, for an undisclosed price. Built in 2001, Amber Valley Apartments consists of 162 units that range from one- to three-bedroom floor plans. Gindi plans to launch a renovation program at the community, upgrading both interior spaces and common areas. The seller, Property Resources Group, will continue to manage and service the asset. The acquisition marks Gindi’s fourth purchase in the Fargo market in the past 12 months.

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The Rushmore
Affordable HousingDevelopmentNewsTexas

Housing Trust Group Breaks Ground on $33.8 Million Affordable Housing Project in Houston

by Channing Hamilton

HOUSTON — Miami-based developer Housing Trust Group has broken ground on The Rushmore, a $33.8 million affordable housing project located in the Energy Corridor of Houston. The community will comprise 101 units, 85 of which will be reserved for households earning at or below 30, 50 and 60 percent of the area median income. Residences will come in one-, two- and three-bedroom floor plans. Amenities will include a pool, community clubroom, workroom, fitness center, game room and designated dog walking path. Completion is slated for spring 2026. Financing sources for …

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Linea
DevelopmentNewsNorth CarolinaSoutheast

Portman, National Real Estate Advisors Complete 24-Story Apartment Tower in Charlotte, North Carolina

by Channing Hamilton

CHARLOTTE, N.C. — Portman and National Real Estate Advisors have delivered Linea, a 24-story apartment tower located at 2161 Hawkins St. in Charlotte’s South End neighborhood. The property features 370 units, as well as 18,000 square feet of ground-floor retail space.  Apartments at Linea range from 522 to 1,723 square feet in size. Units come in studio, one-, two- and three-bedroom floor plans. The property also offers 13 penthouses. Shared amenities at Linea include concierge services such as package delivery, in-home grocery and dry-cleaning delivery and plant and cat care. …

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DevelopmentFloridaNewsSoutheast

Thompson Thrift Opens 300-Unit Asset Near Orlando, Florida

by Channing Hamilton

LADY LAKE, FLA. — Thompson Thrift has opened Standard441, a 300-unit community in Lady Lake, 53 miles northwest of Orlando, Florida. The three-story property offers one-, two- and three-bedroom units that range from 689 square feet to 1,369 square feet, according to Apartments.com. Monthly rates for the property start at $1,360. Shared amenities at the community include a fitness center, outdoor spa, dog park, pet spa and heated pool with a pavilion featuring a fireplace and grills, pickleball court, putting green and cornhole area. The community also offers a 24-hour …

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Bella Encanta
ArizonaBuild-to-RentInvestment SalesNewsWestern

CBRE Brokers $95.7 Million Sale of BTR Community in Mesa, Arizona

by Channing Hamilton

MESA, ARIZ. — CBRE has arranged the sale of Bella Encanta, a 212-unit build-to-rent (BTR) asset in Mesa. Locally based Bela Flor Communities sold the asset to a global institutional investor for $95.7 million. Griffen Tymins, Asher Gunter, Matt Pesch, Sean Cunningham and Austin Groen of CBRE represented the seller in the deal. Built in 2023, Bella Encanta features duplex-style units with wood-style plank flooring, nine- and 10-foot ceilings, full-size washers and dryers, granite countertops, undermount sinks, stainless steel appliances and gas cooktops, as well as a two-car attached garage with …

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