Development

Capstone Building Corp. Breaks Ground on Liva in Travelers Rest, South Carolina

by Lynn Peisner March 25, 2026

TRAVELERS REST, S.C. — Capstone Building Corp. has broken ground on the $28.1 million Liva in Travelers Rest. Liva will feature 32 three-bedroom townhomes and five garden-style apartment buildings containing a total of 120 units. Greenville, South Carolina-based Clear Mountain Properties is the developer, and Capstone Building Corp. will serve as the general contractor. S3 Capital provided a construction loan for the project back in February. Amenities include a clubhouse, a pool, a bike-storage barn and public walking trails. Completion is slated for 2027.

March 25, 2026

Development News Washington Western

JPI, Stream Real Estate Buy Parcel in Uptown Seattle for Future 10-Story Family Community

by Lynn Peisner March 24, 2026

SEATTLE — JPI has acquired a development site at 400 4th Ave. W. in Seattle. The Dallas-based developer, in partnership with Seattle-based Stream Real Estate, plans to build a 10-story, 189-unit community on the parcel. The partners have not disclosed specifics about the project but say two- to three-bedroom floor plans designed with families in mind will take priority. Construction is expected to begin in spring 2027.

March 24, 2026

Development News North Carolina Southeast

Alliance Residential Buys Land for Metro Charlotte’s Broadstone Bryton

by Lynn Peisner March 23, 2026

HUNTERSVILLE, N.C. — Alliance Residential Co. has closed on a 20.4-acre land sale for the development of Broadstone Bryton, a 359-unit community in Huntersville, 12 miles north of Charlotte. The Arizona-based developer estimates the project will be complete by the second quarter of 2028. The Broadstone Bryton site is adjacent to the Bryton Town Center and part of the 450-acre Bryton master-planned community. Broadstone Bryton will feature 10 three story residential buildings and a freestanding clubhouse. Cline Design Associates is the architect. Amenities to support the one-, two- and three-bedroom …

March 23, 2026

Affordable Housing Development Features Investment Sales

Opportunity Zone Program Presents Strategic Window for Multifamily and Affordable Housing Investment

by Lynn Peisner March 23, 2026

By Scott Manning and Bruce Thompson States will soon decide which low-income census tracts qualify as Opportunity Zones, giving developers, investors and community leaders a chance to weigh in on where those incentives could do the most good. Since the enactment of the program in 2017, Qualified Opportunity Zones across all 50 states, the District of Columbia, and U.S. territories have attracted significant private investment, fueling housing development, job creation and economic revitalization in underserved communities. With the current Opportunity Zone program set to sunset as of Dec. 31, 2026, …

March 23, 2026

Development News Texas

Wood Partners Breaks Ground on Alta Preserve in Allen, Texas

by Lynn Peisner March 20, 2026

ALLEN, TEXAS — Atlanta-based developer Wood Partners has broken ground in Allen on Alta Preserve, a 311-unit community located within The Farm mixed-use, master-planned development about 30 miles north of Dallas. Completion is slated for the second quarter of 2027. At build out, residents will have access to pocket parks, a 2.5-acre lake and 2.5 miles of hiking and biking trails that connect to the city’s broader trail system. Alta Preserve marks Wood Partners’ third phase of construction at The Farm. The firm completed Alta at The Farm in 2023, …

March 20, 2026

Development Florida News Southeast

Milhaus Breaks Ground on Tallevast in Sarasota, Florida

by Lynn Peisner March 19, 2026

SARASOTA, FLA. — Indianapolis-based owner-developer Milhaus has closed on a construction loan and land sale and has broken ground on Tallevast, a 231-unit project in Sarasota. BMO provided construction financing, Marble Capital is an equity partner, and FaverGray is serving as general contractor. Completion is slated for November 2027. Located at 2750 Tallevast Road, the property is about three miles east of Sarasota Bradenton International Airport. The community will be comprised of five three-story garden-style buildings that will house studio to three-bedroom apartments ranging from 617 to 1,357 square feet. …

March 19, 2026

Development Finance News North Carolina Southeast

Aria Communities Secures $53.5M in Financing for Metro Charlotte Development

by Lynn Peisner March 17, 2026

MONROE, N.C. — JLL Capital Markets has arranged $53.5 million in debt and equity for the construction of Skyview at Aria, a 338-unit development in Monroe, 27 miles southeast of Charlotte. South Carolina-based Aria Communities is the developer/borrower. The $42.7 million loan was secured through United Bank Inc. Parse Capital provided the preferred equity. Completion of the project, located on 22 acres at 3613 W. Highway 74, is slated for 2027 and will include a mix of one-, two- and three-bedroom units. Amenities will include a center courtyard with a …

March 17, 2026

Affordable Housing California Development News Western

Jamboree Opens $23.9M Larkin Place, an Affordable Housing Community in L.A. County

by Lynn Peisner March 17, 2026

CLAREMONT, CALIF. — Jamboree Housing Corp. has opened Larkin Place, a 33-unit affordable housing community in Claremont, a city in eastern Los Angeles County, about 33 miles east of downtown Los Angeles. Larkin Place is intended to serve low-income and formerly homeless individuals and is comprised of eight studios and 24 one-bedroom units reserved for households earning no more than 30 percent of area median income. A manager will occupy the remaining unit. Several public and private financial partners participated in bringing the $23.9 million development to fruition. Los …

March 17, 2026

Development News North Carolina Southeast

Woodfield Development Completes Merritt Apartments in Metro Charlotte

by Lynn Peisner March 17, 2026

HUNTERSVILLE, N.C. — Woodfield Development has completed Merritt Apartments, a 354-unit property in the Charlotte suburb of Huntersville. The project team included Fosselman Construction as the general contractor, Housing Studio as the architect, and Shelton Taylor Associates overseeing interior design. Leasing began in December 2025. Situated on approximately 23 acres at 13111 Tadeo Drive, Merritt Apartments offers a mix of studio, one-, two- and three-bedroom units, ranging from 758 to 1,813 square feet. Select residences include private fenced yards, mudroom-style entries or built-in shower benches, along with smart thermostats and …

March 17, 2026

Development News Texas

Palladium USA Breaks Ground on 327-Unit Project in McKinney, Texas

by Lynn Peisner March 16, 2026

MCKINNEY, TEXAS — Palladium USA, a Dallas-based affordable, market-rate and mixed-use developer, has broken ground on Palladium Craig Ranch in the northeast Dallas suburb of McKinney. Located at 7909 Collin McKinney Parkway, the new community will include 327 one-, two- and three-bedroom apartments on approximately 4.7 acres. The Palladium Craig Ranch amenity package will consist of a resort-style pool with private cabanas, a hot tub, grills, string lighting and seating areas. In addition, an activity courtyard will include a fenced dog park with a pet drinking fountain, a fire table …

March 16, 2026

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