Author

Lynn Peisner

3233-47-North-Sheffield-Chicago
Affordable HousingDevelopmentFinanceIllinoisInvestment SalesMidwestNews

Associated Bank Supplies $29.4M Acquisition and Development Loan for Chicago TOD

by Lynn Peisner

CHICAGO — Associated Bank has provided a $29.4 million loan to a joint venture of North Park Ventures and SNS Realty Group for the development of a transit-oriented project at 3233-47 N. Sheffield Ave. in Chicago. The loan includes funds for the acquisition of the former Tortenson Glass Co., which includes approximately 30,000 square feet. Tortenson operated at the site from 1910 to 2024. The five-story, 99-unit apartment building will offer 84 market-rate units and 15 affordable-housing units. Floor plans will consist of studios, one- and two-bedrooms. Amenities will feature …

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Tides-at-Palm-Bay-Florida
DevelopmentFloridaLeasing & MarketingNewsSoutheast

Woodfield Development Opens $100M Luxury Mixed-Use Project on Florida’s Space Coast

by Lynn Peisner

PALM BAY, FLA. — Woodfield Development has completed and opened Tides at Palm Bay, a $100 million, 318-unit, mixed-use property in Palm Bay on Florida’s Space Coast. The community features 318 luxury apartments alongside 19,000 square feet of commercial space. The development includes studio, one-, two- and three-bedroom units, with asking rents ranging from $1,600 to $4,200 per month. Amenity highlights include a lounge with gaming areas, fitness center, resort-style pool, outdoor kitchen and grills, fire pit, dog park and a courtyard with central green space. The project team included …

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Atlas-Peakview-Centennial
ColoradoFinanceNewsWestern

Mesa West Capital Delivers $81M Refinancing for Atlas Peakview in Centennial, Colorado

by Lynn Peisner

CENTENNIAL, COLO. — Mesa West Capital has provided an $81 million short-term first mortgage loan to a joint venture between The Dinerstein Cos. and PGIM. The loan will refinance Atlas Peakview, a 330-unit development in the Denver suburb of Centennial. Walker & Dunlop’s Tom Melody, Paul House and John Melody arranged the loan. The property has reached 85 percent occupancy since opening in 2025. Atlas Peakview, located at 7800 E. Peakview Ave., offers studio through three-bedroom apartment floor plans and two- and three-bedroom townhomes. Community amenities include a resort-style pool …

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Meadow-Creek-Concord
BerkadiaInvestment SalesNewsNorth CarolinaSoutheast

Berkadia Arranges Two Trades in Concord, North Carolina

by Lynn Peisner

CONCORD, N.C. — Berkadia has arranged the sale of two properties in Concord, Meadow Creek Townhomes and Northway at Cabarrus. Thomas Colaiezzi, Caleb Troop, Matt Robertson and Drew Kwiatkowski of Berkadia Charlotte represented the buyer, Virginia-based RockBridge Investment Group, in its acquisition of Meadow Creek Townhomes from California-based Serra Vista Partners. The Berkadia team also represented the seller, Charlotte-based Wickenden Partners, in the sale of Northway at Cabarrus to RockBridge Investment Group. Both transactions were completed off-market. Neither sales price was not disclosed. Located at 609 Easy St. and built in 1997, Meadow …

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Villa-Samoa-Anaheim
CaliforniaInvestment SalesNewsWestern

Marcus & Millichap Brokers $12.3M Sale of 46-Unit Property in Anaheim, California

by Lynn Peisner

ANAHEIM, CALIF. — Marcus & Millichap has arranged the sale of Villa Samoa, a 46-unit community at 2856 West Lincoln Ave in West Anaheim. The property sold for $12.3 million. Tyler Leeson and Matthew Kipp based out of Marcus & Millichap’s Orange County office represented the undisclosed seller. The buyer’s identity also was not disclosed. Built in 1964, Villa Samoa is situated on a 3.2-acre parcel and consists of 12 single-story buildings. Each residence features a private patio, and community amenities include garage and surface parking. The buyer plans to …

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Park-Square-Yonkers
DevelopmentNew YorkNewsNortheast

Titan Real Estate Development Breaks Ground on $185M Park Square in Yonkers, New York

by Lynn Peisner

YONKERS, N.Y. — Titan Real Estate Development has broken ground on Park Square Yonkers, a $185 million development at 1 Loehr Place in Yonkers. The seven-story project will feature a mix of 192 studio apartments and 148 one-bedroom apartments. Residents will have access to such amenities as a 15,000-square-foot elevated private outdoor courtyard, a two-level fitness center, a business center with work stations, a lounge, a pet spa and several thousand square feet of dedicated resident storage located within the building. Construction is expected to take approximately 24 months. The …

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Flynn-at-Live-Oak-Dallas
DevelopmentFinanceNewsTexas

Conor Commercial, Globe Corp. Secure $78.7M Takeout Loan for Dallas Luxury Development

by Lynn Peisner

DALLAS — Conor Commercial Real Estate and Globe Corp. have obtained a $78.7 million takeout loan for The Flynn at Live Oak, a five-story, 327-unit property in Dallas that was completed in December 2025. JLL arranged the loan through Blue Owl Capital. The Flynn at Live Oak features studios, one- and two-bedroom apartments and amenities such as a 2,500-square-foot pool, two outdoor courtyards with fire pits and grilling stations, a sky lounge with downtown views, a fitness center with outdoor yoga space, coworking offices and a grab-and-go convenience store. The …

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Medicine-Lake-Plymouth
Investment SalesMidwestMinnesotaNews

Bigos Management Sells Medicine Lake Apartments in Metro Twin Cities

by Lynn Peisner

PLYMOUTH, MINN. — Bigos Management has sold Medicine Lake Apartments, an 81-unit community on Medicine Lake, approximately 10 miles west of Minnesota. JLL Capital Market’s team representing Bigos was led by Josh Talberg, Joseph Peris and Jack Graveline. The buyer was Weber Organization. Built in 1977, Medicine Lake Apartments offers a 24-hour fitness center, sauna, outdoor pool, multi-sport court and a clubroom as well as 12 private boat slips. The sales price was not disclosed.

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Affordable HousingArchitecture & DesignIndustry Voices

Designing with Purpose: How Architecture Supports Veteran Communities

by Lynn Peisner

By Rajiv Ramakrishnan Veterans are not a one-size-fits-all population. Some are transitioning back to civilian life after active service, while others are aging in place or living with physical injuries, PTSD or other invisible challenges. While affordability and accessibility remain essential, successful veteran housing must also support how residents experience their environment every day. Architecture does more than provide shelter. Thoughtful design can support independence, encourage connection and create places where residents feel safe, comfortable and at home. Beyond Affordability: Designing for Stability Affordable housing removes one of the largest …

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Artisan-Point-Naranja
Affordable HousingDevelopmentFinanceFloridaNewsSoutheast

HTG, AM Affordable Housing Break Ground on Artisan Pointe in Naranja, Florida

by Lynn Peisner

NARANJA, FLA. — Housing Trust Group (HTG) and AM Affordable Housing have secured financing to begin construction of the first phase of Artisan Pointe, an affordable housing community in Naranja, 34 miles south of Miami. Located at 26115 S. Dixie Highway, Artisan Pointe will include 115 units in the first phase. Rents for the one- and two-bedroom units are restricted to 30, 60 and 70 percent of area median income (AMI). Monthly rents for qualifying residents will range from $766 for a one-bedroom apartment at the 30 percent AMI tier …

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