WILMINGTON, N.C. — Indianapolis-based Millstone has secured construction financing for Venture at Port City, a 225-unit project located three miles south of downtown Wilmington. Slated for completion in spring 2027, the property will consist of three four-story buildings. Apartments will come in one-, two- and three-bedroom floor plans. Amenities will include a pool, gas grilling stations, clubhouse and outdoor cabana with a poolside lawn area. Greysteel worked on behalf of the sponsor to secure the three-year, floating rate loan through a regional bank. Greysteel also arranged an undisclosed amount of …
HOUSTON — Housing Trust Group (HTG) has begun construction on The Rushmore, a $33.8 million mixed-income housing project located at 800 Highway 6 South in Houston’s Energy Corridor. The unit mix will include 32 one-bedroom, 50 two-bedroom and 19 three-bedroom units. Monthly rates will range from $532 to $1,875. The Rushmore will offer 16 market-rate apartments, as well as 85 units for residents earning at or below 30, 50 and 60 percent of the area median income. Planned amenities include a pool, community clubroom, workroom, fitness center, game room and …
ROCKLIN, CALIF. — USA Properties Fund has completed Terracina at Whitney Ranch, a $104 million affordable housing property in Rocklin, 21 miles northeast of Sacramento, California. Located at 801 University Ave., Terracina at Whitney Ranch offers 288 units for households that earn between 30 and 70 percent of the median income for Placer County, California. Apartments come in one-, two- and three-bedroom floor plans. Rents for one-bedroom units range from approximately $592 to $1,374 per month, depending on household income, while three-bedroom apartments range from $781 to $2,007 per month. Residents …
SAN ANTONIO, FLA. — Coastal Ridge has begun construction on Stillwell Pasco Station, a 277-unit build-to-rent development in San Antonio, roughly 30 miles north of Tampa, Florida. The community will offer a mix of one-, two and three-bedroom residences measuring up to 1,300 square feet. The first units are slated for completion in early 2026. The single-bedroom residences will be designed as attached duplex-style homes, while the two- and three-bedroom houses will be detached. Select units will feature private one-car garages. Amenities will include a 5,000-square-foot clubhouse and fitness center, …
NEW YORK CITY — NCV Capital Partners and Unique People Services have broken ground on Ogden Theater Apartments, an 85-unit affordable housing development in the Highbridge neighborhood of the Bronx. Total capitalization for the project is $66 million. Located at 1415 Ogden Ave., Ogden Theater Apartments will feature 51 units of supportive housing for formerly homeless individuals, as well as 34 units for households who receive assistance paying rent through the Housing Choice Voucher program or who are earning at or below 60 percent of the area median income. Amenities …
ATLANTA — A joint venture between developers Middle Street Partners and AECOM-Canyon Partners is underway on The Juniper and The Reserve at Juniper, a two-tower multifamily project totaling 487 apartment units. The development is located at 1081 Juniper St., a block from Piedmont Park in Midtown Atlanta. The Juniper will feature 320 units across 37 stories. The top floor will be dedicated to amenity space, including coworking suites, a fitness center and a hot yoga studio. Adjacent to The Juniper, The Reserve at Juniper will comprise 167 apartments across 34 …
TOLEDO, OHIO — Continental Real Estate Cos. and Hallmark Communities have completed development of Colony Lofts, a 262-unit community in Toledo. Colony Lofts offers amenities such as a pool, grilling stations, fitness center, business center, clubhouse and coffee bar. The property also includes retail spaces, electric vehicle charging stations and an outpost of Central Ohio restaurant chain The Old Bag of Nails Pub. Monthly rents start at $964 for a studio unit, according to the property’s website. Coastal Ridge is the property manager.
CHARLOTTE, N.C. — Riverside Investment & Development and Woodfield Development have topped out a 42-story high-rise community in Charlotte. Goettsch Partners designed the building, which consists of 409 units. Clark Construction Group is the general contractor. The tower is the multifamily component of the Queensbridge Collective mixed-use project. The development also features a 35-story office tower, roughly 30,000 square feet of retail space and 90,000 square feet of amenity space, including more than two acres of indoor and outdoor fitness, recreation and entertainment spaces. The apartment community will also include …
BOSTON — Randolph, Massachusetts-based NEI General Contracting has completed the renovation of Carol Avenue Apartments, a 33-unit community located in the Allston-Brighton neighborhood of Boston. According to the City of Boston, 29 of the units are affordable rental units. Income restrictions for these residences were not disclosed. The project involved the top-to-bottom renovation of three buildings totaling 16,196 square feet. The community received new windows, roofs, wall insulation and solar energy panels. Additionally, the project team restored and reused the building’s historic brick façade. Financing sources for the project included …
MIAMI — Housing Trust Group (HTG) has broken ground on Rainbow Village, a $185 million mixed-use development with 310 affordable housing units in Miami. Spanning 698,000 total square feet, Rainbow Village will also offer about 12,000 square feet of retail space, 50,000 square feet of amenity space and 442 parking spaces. Located at 2000 NW 3rd Ave., Rainbow Village will offer 30 studios, 163 one-bedroom units, 85 two-bedroom residences, 28 three-bedroom units, and 4 four-bedroom apartments. The community will be reserved for households earning at or below 30, 50, 60, 70 …
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