Author

Lynn Peisner

The-Ovilla-Red-Oak
Investment SalesNewsTexas

Fogelman Properties Acquires Ovilla at Legacy Square in Metro Dallas

by Lynn Peisner

RED OAK, TEXAS — Thompson Realty Capital and Trez Capital have sold The Ovilla at Legacy Square in Red Oak, about 19 miles south of Dallas, to Fogelman Properties for an undisclosed sum. Institutional Property Advisors’ Michael Ware, Joey Tumminello, Drew Kile and Taylor Hill brokered the transaction on behalf of the sellers. The Ovilla at Legacy Square is a three-story, garden-style asset completed in 2023 on approximately 18 acres. Community amenities include a resort-style pool, clubhouse, outdoor gas grills and a dog park. Apartments feature granite countertops, stainless-steel appliances …

Continue Reading
0 FacebookTwitterLinkedinEmail
Meadow-Glen-Village-Fairburn
DevelopmentGeorgiaLeasing & MarketingNewsSoutheast

Portman Completes, Begins Leasing Meadow Glen Village in Metro Atlanta

by Lynn Peisner

FAIRBURN, GA. — Portman has completed and opened Meadow Glen Village, a 332-unit development in the Atlanta suburb of Fairburn. The community is comprised of one- and two-bedroom units across nine residential buildings. Apartments feature stainless steel appliances, luxury vinyl plank flooring, walk-in closets and private balconies. The project also includes a central town green and 12,200 square feet of retail. Meadow Glen Village features a resort-style pool with grilling areas, a dog park and green spaces. Summit Contracting Group was the general contractor.

Continue Reading
0 FacebookTwitterLinkedinEmail
Woodfield-Brookhaven
DevelopmentGeorgiaNewsSoutheast

Woodfield Plans 320-Unit Community Within Atlanta Redevelopment Project

by Lynn Peisner

BROOKHAVEN, GA. — Woodfield Development has unveiled plans for a 320-unit community within Ashford Green, a mixed-used office campus in the inner Atlanta suburb of Brookhaven. In the second quarter of 2027, Woodfield plans to acquire the five acres needed for the new project from Vela Cos., the owner of the larger 14-acre Ashford Green site. Construction is slated to begin shortly after the transaction and rezoning are completed. The development team currently includes Dwell Design Studio as the architect, PEC as the civil engineer and Spacecraft as the landscape …

Continue Reading
0 FacebookTwitterLinkedinEmail
201-Hudson-Jersey-City
DevelopmentFinanceNew YorkNewsNortheast

Joint Venture Secures $277M Construction Loan for 69-Story Project in Jersey City

by Lynn Peisner

JERSEY CITY, N.J. — Newmark has arranged a $277 million construction loan for Urby and Rockpoint, the developers behind 201 Hudson — by Urby, a 748-unit project planned in the Paulus Hook neighborhood along the Jersey City waterfront. Truist was the lender. Newmark’s Jordan Roeschlaub, Chris Kramer, Holden Witkoff and Jack Fenton arranged the financing. The development site is located at 201 Hudson St. and represents the second phase of Urby’s three-tower waterfront residential development. Upon completion, the 69-story tower will include 748 apartments — in studios, one-, two- and …

Continue Reading
0 FacebookTwitterLinkedinEmail
Bill-Bailey
Affordable HousingDevelopmentFinanceIndustry Voices

The Public ROI Test: When Do Multifamily Development Incentives Make Economic Sense?

by Lynn Peisner

Development incentives tend to produce two predictable reactions. One side sees them as a practical tool to get difficult projects built. The other side sees them as a subsidy to private developers.  In my experience, neither reaction is enough. The real issue I see is not whether incentives are good or bad in the abstract. The better question I ask is much more practical: What is the public buying, would it happen anyway, and is the return worth the cost? That question is becoming more important across South Florida. Cities, …

Continue Reading
0 FacebookTwitterLinkedinEmail
Aperture-on-Fifth-Seattle
Investment SalesNewsWashingtonWestern

Freestone Capital Acquires 106-Unit Seattle Asset for $32.2M

by Lynn Peisner

SEATTLE — PrivatePortfolio Group has sold Aperture on Fifth, a 106-unit community in the Denny Triangle neighborhood of Seattle, to Freestone Capital for $32.2 million. Both parties are based in Seattle. Giovanni Napoli, Philip Assouad, Ryan Harmon, Nick Ruggiero and Anthony Palladino of Institutional Property Advisors (IPA) represented the seller and procured the buyer. Aperture on Fifth, built in 2014, is comprised of studios, one- and two-bedroom apartments along with a central atrium courtyard, rooftop deck with a bocce ball court, fitness center, bike storage, package lockers, pet wash area and …

Continue Reading
0 FacebookTwitterLinkedinEmail
Robinwood-Annapolis
Affordable HousingDevelopmentMarylandNewsNortheast

First Phase of $105.8M Annapolis Public Housing Redevelopment to Include 58 Units

by Lynn Peisner

ANNAPOLIS, MD. — A $105.8 million redevelopment of the 150-unit Robinwood public housing community is moving forward with plans for 58 new apartments, renovated townhomes, new seniors housing and expanded community amenities. The developers are Community Housing Partners (CHP), a Virginia-based affordable housing developer, and the Housing Authority of the City of Annapolis (HACA). Additional stakeholders include the City of Annapolis, Anne Arundel County, the State of Maryland and the U.S. Department of Housing and Urban Development (HUD). Robinwood was built in 1970 as a public housing community and today …

Continue Reading
0 FacebookTwitterLinkedinEmail
Mission-Grove-Riverside
Build-to-RentCaliforniaDevelopmentFinanceNewsWestern

Canyon Partners Provides $74.4M Construction Loan for Inland Empire BTR Project

by Lynn Peisner

RIVERSIDE, CALIF. — Canyon Partners and J.P. Morgan have provided a $74.7 million construction loan for a ground-up, rental townhome development project in Riverside’s Mission Grove neighborhood. The developer is BCT Development, a joint venture between Bain Capital Real Estate and Cherry Tree Development. An official proper name of the community has not been released. It will include 180 rental townhomes in a mix of two-, three- and four-bedroom floor plans and amenities such as a pool, fitness center and clubhouse. A construction timeline was not disclosed. The financing represents …

Continue Reading
0 FacebookTwitterLinkedinEmail
59-Bogart-Brooklyn
Investment SalesNew YorkNewsNortheast

CBRE Arranges $30M Sale of Brookly Property

by Lynn Peisner

NEW YORK CITY — CBRE has brokered the $30 million sale of 59 Bogart Street, a 51-unit building located in the East Williamsburg section of Brooklyn. The CBRE team of Robert Shapiro and Ian Brooks represented the seller and procured the buyer in the transaction. The property sits above the Morgan Avenue L train station and includes one-, two- and three-bedroom loft-style units. Amenities include in-building laundry, a lounge, fitness center, bike room, roof deck with a barbecue area and communal outdoor spaces.

Continue Reading
0 FacebookTwitterLinkedinEmail
Milo-Raleigh
Investment SalesNewsNorth CarolinaSoutheast

Greystar Sells 252-Unit Milo in Raleigh, North Carolina

by Lynn Peisner

RALEIGH, N.C. — Greystar has sold Milo, a 252-unit property at 821 Hanbury Way in West Raleigh to an LLC for an undisclosed sum. John Mikels, John Gavigan, Chase Monroe, William Martin and Mccullough Campbell headed up the JLL team that represented Greystar, the original developer, in the deal. Completed in 2024, Milo consists of eight three-story residential buildings and a leasing and clubhouse building. Units are available in one-, two- and three-bedroom floor plans along with a pool, poolside cabanas, yoga lawn, coworking space, fitness center, cardio and cycle …

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts
©2026 France Publications, dba France Media Inc.