The holiday season is a time filled with laughter, celebration and meaningful connections. Families gather, and communities come alive. But amid the joy, the holidays also serve as a powerful reminder of an issue affecting millions of Americans: loneliness. While this season highlights togetherness, it can also intensify the isolation felt by those who lack supportive communities or stable housing, a reality that has become impossible to ignore. According to the U.S. Surgeon General, loneliness is now a public health crisis, affecting half of all U.S. adults. Its effects go …
Lynn Peisner
POMPANO BEACH, FLA. — JLL has arranged a $53.3 million Freddie Mac acquisition loan on behalf of Miami-based Advenir Azora, which has acquired Avenir at Lighthouse Point. The property was built in 2015 and consists of a six-story building with one-, two- and three-bedroom units averaging 887 square feet. Amenities include a rooftop lounge with ocean views, a resort-style pool, a 24-hour fitness center and a parking garage. Advenir at Lighthouse Point was 95 percent occupied at the time of sale. The seller was not disclosed. JLL’s Jesse Wright, JJ …
OVERLAND PARK, KAN. — Thompson Thrift has begun construction of Canopy Flats, a 303-unit property in Overland Park, located in the Kansas City metro area. Completion is slated for 2027. Canopy Flats is situated on a 13-acre site. Units will be comprised of one-, two- and three-bedroom floor plans. Amenities feature a fitness center with a sauna and cold plunge, a golf simulator, billiards, shuffleboard, a putting green, a heated pool, an outdoor movie wall, grilling stations, a dog park and spa and a conference room with screenshare and video …
SURPRISE, ARIZ. — Christopher Todd Capital has acquired Yardly Paradisi, a 193-unit build-to-rent (BTR) property in Surprise, from Taylor Morrison. Northmarq arranged the sale as well as $32.8 million in acquisition financing. Scottsdale, Arizona-based Taylor Morrison is a for-sale homebuilder that also develops and acquires newly constructed for-rent housing communities under its Yardly brand. The buyer is a BTR operator known for its Christopher Todd Communities brand. Northmarq’s Phoenix-based team, led by Trevor Koskovich, Jesse Hudson and Logan Baca, represented the seller in the transaction, while Brandon Harrington, Bryan Mummaw, …
CHAMBLEE, GA. — Atlas Real Estate Partners has opened The Hawkins, a 192-unit property in Chamblee, 14 miles northeast of downtown Atlanta. In addition to Atlas, the development team included FIDES Development, New South Construction, Nelson Architects, Banko Design and Greystar Property Management. The Hawkins offers a mix of studio, one-, two- and three-bedroom units and such amenities as a sky lounge with panoramic views of the neighboring Dekalb-Peachtree Airport, coworking spaces, an indoor-outdoor fitness center, a resort-style pool, ground-floor retail and a dog spa.
Eagle Partners Buys San Gabriel Valley Asset for $107 Million, Converts to Affordable Housing
HACIENDA HEIGHTS, CALIF. — Eagle Partners has acquired Hills at Hacienda Heights, a 350-unit community about 20 miles east of Los Angeles in Hacienda Heights. The asset traded for $107 million. Institutional Property Advisors (IPA) arranged the sale, representing the undisclosed seller, and $71 million in acquisition financing for the buyer. Kevin Green, Joseph Grabiec and Gregory Harris led IPA’s team. Eagle Partners will convert the property from market-rate to affordable housing, restricting rents at 80 percent of area median income. Project partners in the conversion included Red Stone Equity …
HOCKLEY, TEXAS — Architect KTGY and developer Empire Homes have completed Veranda Dellbrook, a 182-unit build-to-rent community in Hockley. The property is located within the Dellrose master-planned community, approximately 35 miles northwest of Houston. Veranda Dellbrook is modeled on a concept developed by KTGY called The Patch, defined by a walkable cottage-community format featuring internal walkways that connect each home and amenity space. Veranda Dellbrook offers one-, two-, three- and four-bedroom residences, each with private yards. Amenities feature a clubhouse, a resort-style pool and hot tub, an outdoor lounge with …
ARLINGTON HEIGHTS, ILL. — Marquette Cos. has acquired Orion Arlington Lakes, a 198-unit community in Arlington Heights, 25 miles northwest of Chicago. Immediate plans for the community include a rebranding to Avery at Arlington Lakes and the launch of value-add renovations of units and amenities, which include the construction of a new fitness center. As part of the transaction, Marquette Management will take over property management. Twenty-five percent of the units already have been renovated. The seller and sales price were not disclosed. Originally constructed in 1985, the property comprises …
NEW YORK CITY — Berkadia has arranged a $32.4 million Freddie Mac construction take-out loan on behalf of The Stagg Group. The affordable housing developer, owner and investor will use the funds to retire the existing construction loan on The Riverdale Tower. The 89-unit property is 100 percent occupied. Berkadia’s Matt Nihan arranged the financing. Located at 3745 Riverdale Ave., The Riverdale Tower was completed in 2024 and is an 18-story high-rise offering a mix of studio, one- and two-bedroom units ranging from 400 to 900 square feet. The property …
HOUSTON — OHT Partners has broken ground on a 336-unit project in the Clear Lake area of Houston, about 23 miles southeast of downtown. A fund advised by Crow Holdings is an investment partner. Additionally, the project team consists of Meeks + Partners (architect), Quiddity Engineering (civil engineer), United Structural Consultants (structural engineer), MEP Delta Design (mechanical, electrical and plumbing engineer), Ellie Aiello Interiors (interior design), and KFM Engineering & Design (landscape architect). The project will include one- and two-bedroom units as well as amenities such as a 24-hour coworking …