Author

Lynn Peisner

Albee-Frisco
Investment SalesNewsTexas

Bell Partners Buys The Albee in Frisco, Rebrands as Southstone Yards

by Lynn Peisner

FRISCO, TEXAS — Bell Partners has acquired The Albee Apartments in Frisco and will rebrand the asset Bell Southstone Yards. Neither the seller nor the sales price was disclosed. The 355-unit community was completed earlier this year and is located within the Southstone Yards mixed-use community currently under development by multiple partners including Crow Holdings and Rosewood Property Co. With this acquisition, Greensboro, North Carolina-based Bell Partners now owns or manages 42 communities comprising approximately 15,200 units across the Dallas-Fort Worth region.

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Presidium183-Austin
DevelopmentNewsTexas

Presdium Opens North Austin Project

by Lynn Peisner

AUSTIN, TEXAS — Presidium has completed development of Presidium 183, a 374-unit community in North Austin’s Burnet-Gateway area, home of The Domain, a high-density mixed-use property. Designed by Dallas-based O’Brien Architects, Presidium 183 offers a resort-style pool, a fitness center with a sauna and yoga and spin rooms, a speakeasy-style bar, a clubroom, landscaped courtyards, hammock groves, outdoor game spaces, electric vehicle charging stations, bike storage and package lockers. Units feature smart home technology and private outdoor areas, while select homes sport added features like wine refrigerators and private garages. …

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Fairstead-Alexandria
Affordable HousingDevelopmentNewsNortheastWashington, D.C.

Fairstead Breaks Ground on $120 Million Adaptive Reuse Project in Metro D.C.

by Lynn Peisner

ALEXANDRIA, VA. — Fairstead has broken ground on an affordable housing adaptive reuse project in the Washington, D.C., suburb of Alexandria. On the site of Samuel Madden Homes, originally built to house African American defense workers during World War II, the company will build 207 residences, ranging from one- to four-bedroom units, reserved for families earning 30 to 80 percent of area median income as well as a new community food bank. Completion is slated for fall 2027. Financial partners include permanent and construction lenders Boston Financial, Freddie Mac and …

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McKinney-Village
Investment SalesNewsTexas

Equus Sells McKinney Village to Weidner

by Lynn Peisner

MCKINNEY, TEXAS — Equus has sold McKinney Village to Weidner Apartment Homes. The 245-unit community about 50 miles north of Dallas in McKinney was built in 2017 with a unit mix comprised of studios, one- and two-bedroom floor plans as well as two-story townhomes with attached garages. Amenities include a resort-style pool with covered seating and grilling stations, a fitness center with cardio and strength equipment, a clubhouse lounge, a pet park and a community garden. Brian O’Boyle Jr. with Newmark represented Philadelphia-based Equus in the transaction. The sales price …

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The-Henslow-Charleston
DevelopmentLeasing & MarketingNewsSouth CarolinaSoutheast

Woodfield Development, Simpson Housing Open Metro Charleston Project

by Lynn Peisner

CHARLESTON, S.C. — Locally based Woodfield Development has completed and opened The Henslow Daniel Island in the Daniel Island master-planned community 13 miles north of Charleston. The project was developed in partnership with Simpson Housing, a Denver-based firm that not only served as an investment partner but also is managing the property. The Henslow Daniel Island is comprised of 63 one-, two- and three-bedroom units and 12 two-story, three-bedroom townhomes. Amenities include a resort-style saltwater pool; a two-story clubhouse with an entertainment kitchen, game room and rooftop lounge; a fitness …

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DevelopmentNew YorkNewsNortheast

Slate, Pi Capital Plan 95-Unit Luxury Project Across from Empire State Building

by Lynn Peisner

NEW YORK CITY — Slate Property Group and Pi Capital Partners, a New York City-based real estate family office, have announced plans to develop a ground-up luxury apartment building at 335-339 Fifth Ave. in Midtown Manhattan directly across the street from the Empire State Building. The 95-unit property will be situated at the corner of Fifth Avenue and 33rd Street. Preliminary plans for the 18-story, 89,000-square-foot building call for 95 units ranging from studios to two-bedrooms, ground-floor retail and amenities. The parcel is currently a vacant lot that the Pi …

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Viking-Mill-Philadelphia
DevelopmentFinanceNewsNortheastPennsylvania

Chatham Bay Group Secures $37.5 Million Loan from 3650 Capital for Philadelphia Redevelopment

by Lynn Peisner

PHILADELPHIA — Developer Chatham Bay Group has secured a $37.5 million loan to complete construction of Viking Mill in the East Kensington neighborhood of Philadelphia. The lender was 3650 Capital. Viking Mill is being developed in two phases that are slated to deliver in the first and the fourth quarter of 2026, respectively. The project includes the repositioning of an 1800s-era mill into 77 loft-style apartments as well as the ground-up construction of an additional adjacent building that will house 100 units. The community will provide approximately 7,750 square feet …

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The-Emory-at-North-Grove-Waxahachie
DevelopmentNewsTexas

Mia Rose Underway on Construction of The Emory at North Grove in Dallas Metro

by Lynn Peisner

WAXAHACHIE, TEXAS — St. Louis-based developer Mia Rose Holdings has begun construction of The Emory at North Grove in Waxahachie, about 30 miles south of the Dallas-Fort Worth metroplex. The mid-rise building will contain 98 one- and two-bedroom units, retail space and such amenities as a resort-style saltwater pool and a fitness center. Bradbury Construction is the general contractor. Completion is slated for late summer 2026.

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TheStadler-Bradenton
DevelopmentFloridaNewsSoutheast

Thompson Thrift Opens Florida Community Named in Honor of Late COO

by Lynn Peisner

BRADENTON, FLA. — Thompson Thrift has opened The Stadler, a 279-unit property in the Tampa suburb of Bradenton. The community is named in honor of Henry Stadler, who was the senior vice president and chief operating officer of Indiana-based Thompson Thrift Construction. Stadler passed away in 2022 at the age of 56. “The quality of construction and design of The Stadler reflects the high standards Henry championed throughout his 27 years with Thompson Thrift,” said CEO John Thompson. The property, located at 7120 Henry Drive, is the company’s first asset …

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Tina-Frias
DevelopmentIndustry VoicesNevadaWestern

How Partnerships and Policy Can Shape Las Vegas’ Housing Future

by Lynn Peisner

Las Vegas is known for its glistening lights and reputation as the city that never sleeps. But beyond entertainment and world-class dining, approximately 2.4 million people call the valley home. Nevada’s lack of state income tax and pro-business environment has made it a magnet for business as new industries continue to choose Southern Nevada as a hub. As a result, the Las Vegas metro area welcomes more than 4,000 new residents every month. This growth is a testament to our region’s vitality, but it also underscores a defining challenge: the …

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