Author

Lynn Peisner

Hillcrest-Apartments
CaliforniaDevelopmentFinanceNewsWestern

Affinius Capital Provides $54.7 Million of Preferred Equity to Build Thousand Oaks Project

by Lynn Peisner

THOUSAND OAKS, CALIF. — Affinius Capital has provided $54.7 million of preferred equity for the ground-up development of Hillcrest Apartments, a project The Latigo Group is developing in Thousand Oaks. The four-story property will feature ground-floor retail and 333 units in a mix of one-, two- and three-bedroom floor plans. Latigo estimates the project will be complete by the first quarter of 2028. Amenities include a rooftop terrace, pool, fitness center, coworking spaces, multi-sport simulator and a wellness center with a sauna and cold plunge. Financing was arranged by Bercut …

Continue Reading
0 FacebookTwitterLinkedinEmail
MSMX-new-york-city
Affordable HousingDevelopmentNew YorkNewsNortheast

NYC Planning Commission Approves Midtown Manhattan Rezoning Proposal to Add Thousands of New Residences

by Lynn Peisner

NEW YORK CITY — The New York City Planning Commission has approved the Midtown South Mixed-Use Plan (MSMX), a rezoning initiative that could ultimately facilitate the creation of as many as 9,700 new residences across a 42-block section of Midtown Manhattan. The MSMX plan covers four areas centered around Herald and Greeley Square, located between West 23rd and West 40th streets, as well as Fifth and Eighth avenues. The area today is largely defined by commercial and industrial uses, with current land-use rules restricting new housing development. Midtown South is …

Continue Reading
0 FacebookTwitterLinkedinEmail
The-International-at-Valley-Ranch
Investment SalesNewsTexas

Criterion Development Partners Sells The International at Valley Ranch

by Lynn Peisner

IRVING, TEXAS — Institutional Property Advisors (IPA) has arranged the sale of The International at Valley Ranch, a 236-unit property located within the Valley Ranch master-planned development in Irving. IPA Executive Managing Director Drew Kile along with IPA’s Michael Ware, Joey Tumminello, Taylor Hill, Shelby Clark and Jack Windham represented the seller, Criterion Development Partners, and procured the buyer, Consolidated Investment Group. Criterion developed The International at Valley Ranch in 2024. The four-story community includes climate-controlled corridors, indoor and outdoor social flex spaces and a courtyard pool with tanning shelf …

Continue Reading
0 FacebookTwitterLinkedinEmail
582-Kelley
DevelopmentMassachusettsNewsNortheast

Marcus Partners Breaks Ground Near Providence

by Lynn Peisner

NORTH ATTLEBORO, MASS. — Marcus Partners has broken ground on 582 Kelley, a 304-unit community on Kelley Boulevard in North Attleboro, 15 miles north of Providence, Rhode Island. The project includes a mix of one- to three-bedroom units, a clubhouse, fitness center, coworking space, dog park, community gardens, outdoor fire pits and grills, park space and a pool area. The first homes are expected to be ready in 2026. Marcus Partners has secured an undisclosed amount of infrastructure grants from the state and towns of North Attleboro and Plainville. The …

Continue Reading
0 FacebookTwitterLinkedinEmail
2900-Terrace
DevelopmentFinanceFloridaInvestment SalesNewsSoutheast

Oak Row Equities Breaks Ground on $210.5 Million Miami Tower

by Lynn Peisner

MIAMI — Oak Row Equities has secured $210.5 million in construction financing for 2900 Terrace, a 324-unit high-rise in the Edgewater neighborhood of Miami. The financing package includes a $142.5 million senior loan from Bank OZK and a $68 million mezzanine loan from Canyon Partners Real Estate LLC. JLL arranged both loans for Oak Row Equities. Construction has begun with completion slated for the fourth quarter of 2027. Units at 2900 Terrace, designed by architecture firm Arquitectonica, will be offered in one-, two- and three-bedroom floor plans. The tower’s amenity …

Continue Reading
0 FacebookTwitterLinkedinEmail
Agora
FinanceNewsNortheastWashington, D.C.

Walker & Dunlop Arranges $106.3 Million Refinancing for WC Smith

by Lynn Peisner

WASHINGTON, D.C. — Walker & Dunlop has arranged a $106.3 million Fannie Mae loan for WC Smith to refinance construction debt on Agora, a 334-unit property developed in 2018 in Washington, D.C.’s Capital Riverfront area. Walker & Dunlop’s team was led by Brendan Coleman and Connor Locke. WC Smith developed Agora as the second phase of The Collective, which is home to two other multifamily properties: Park Chelsea with 429 units and The Garrett with 373 apartments and 5,000 square feet of coworking space. Amenities for the three communities include …

Continue Reading
0 FacebookTwitterLinkedinEmail
TruAmerica-Dominion-Park
Investment SalesNewsTexas

TruAmerica Acquires Dominion Park in San Antonio

by Lynn Peisner

SAN ANTONIO — TruAmerica has acquired Dominion Park Apartments in San Antonio. The 280-unit, garden-style community was developed in 2002 and marks TruAmerica’s second acquisition in the San Antonio market. The seller and sales price were not disclosed. Northmarq arranged the sale and financing. Approximately 96 units have undergone prior renovations. TruAmerica plans to renovate the remaining units and standardize all interiors.

Continue Reading
0 FacebookTwitterLinkedinEmail
Village-at-Legacy
Affordable HousingDevelopmentFinanceGeorgiaNewsSoutheast

Decatur Housing, PAHI Complete First Phase of $49 Million Ground-Up Affordable Housing Development

by Lynn Peisner

DECATUR, GA. — The Housing Authority of the City of Decatur (Decatur Housing) and nonprofit developer partner Preserving Affordable Housing Inc. (PAHI) completed Phase I and broke ground on Phase II of Village at Legacy on June 18. Once completed, the two-phase development will offer 132 one-, two- and three-bedroom residences across two phases and in a variety of floor plans including townhomes and apartments. The first 66 units in Phase I are being delivered under a $20.4 million construction contract with total project costs reaching $27.9 million. The second …

Continue Reading
0 FacebookTwitterLinkedinEmail
750-Golden-Gate
Affordable HousingDevelopmentNews

MidPen Breaks Ground on Two San Francisco Affordable Housing Projects

by Lynn Peisner

SAN FRANCISCO — MidPen Housing, along with the City of San Francisco, has broken ground on two affordable housing communities in San Francisco. Combined, the buildings will include 167 units for low-income families and employees of the San Francisco Unified School District and the San Francisco Community College District. Rent restrictions and a construction timeline were not disclosed. In 2019, California Gov. Gavin Newsom signed an executive order allowing state agencies to use excess properties for affordable housing development. In May 2021, the state of California selected MidPen to develop …

Continue Reading
0 FacebookTwitterLinkedinEmail
Oxlley-Apartments
DevelopmentNewsOklahoma

Milhaus, Humphreys Capital Open Oxlley near Oklahoma City

by Lynn Peisner

EDMOND, OKLA. — Milhaus and Humphreys Capital have completed and opened Oxlley in Edmond 15 miles north of Oklahoma City. Located at 101 West Main St. in the historic downtown area, Oxlley features 276 units offered as studios or in one-, two- or three-bedroom floor plans. Amenities include a 24-hour fitness center, electric vehicle charging stations, conference rooms for remote workers, a dog park and a pet spa. The community does not have breed or weight restrictions on pets.

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts
©2025 France Publications, dba France Media Inc.