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Palladium City Skyline in Fort Worth, Texas
DevelopmentFinanceNewsTexas

Palladium USA to Develop 243-Unit Palladium City Skyline in Fort Worth, Texas

by Channing Hamilton

FORT WORTH, TEXAS — Palladium USA, in a public-private partnership with the Fort Worth Housing Finance Corp. (FWHFC), plans to develop Palladium City Skyline, a 243-unit project in Fort Worth. The eight-acre community will feature amenities such as indoor and outdoor children’s play areas, fitness center, pool and dog run. The community will offer affordable housing options for individuals earning 30, 60, 70 and 80 percent of the area median income. The first units are expected to be available for leasing by early 2026. Palladium City Skyline will be built …

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Speakers at the build-to-rent panel at InterFace Carolinas Multifamily
Build-to-RentDevelopmentFeaturesFinanceNorth CarolinaSoutheast

Build-to-Rent Residential Sector Remains in a Sweet Spot, Say InterFace Panelists

by Channing Hamilton

CHARLOTTE, N.C. — Build-to-rent (BTR), or purpose-built neighborhoods of single-family rental homes, has been an emerging subsector of the multifamily continuum the past several years. The housing type fills a niche for renters as it offers more living space and privacy than typical apartments, but is more affordable and amenitized than for-sale homes. The BTR sector began its ascent during the early years of the COVID-19 pandemic when a confluence of factors —the rise in work-from-home and hybrid work schedules, an increase in household formation of younger millennials, the desirability …

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Presidium Regal in Jacksonville, Florida
DevelopmentFloridaNewsSoutheast

Presidium Completes 334-Unit Presidium Regal in Jacksonville, Florida

by Channing Hamilton

JACKSONVILLE, FLA. — Presidium has completed Presidium Regal, a 334-unit development located at 14501 Beach Blvd. in Jacksonville. Designed by Atlanta-based Dwell Design Studio, the property offers one-, two- and three-bedroom apartments that range in size from 550 to 1,600 square feet. Amenities include a 11,000-square-foot leasing office and clubhouse featuring a clubroom, game lounge, golf simulator, theater room, showroom kitchen, coworking lounge with micro-offices, podcast rooms, a rooftop lounge and a 2,000-square-foot fitness center. Other amenities include a pool with grilling stations, cabanas, indoor and outdoor fireplaces, car wash, juice …

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The Hartby in New York City
DevelopmentLeasing & MarketingNew YorkNewsNortheast

Property Resources Corp. Begins Leasing 205-Unit The Hartby in Brooklyn

by Channing Hamilton

NEW YORK CITY — Property Resources Corp. has begun leasing The Hartby, a 205-unit asset located in the Bedford-Stuyvesant neighborhood of Brooklyn. The Hartby is a redevelopment of the former St. John’s College building, which was originally built in 1870. Woods Bagot served as the project architect. Alchemy Studio provided interior design services. The Hartby features units in studio, one- and two-bedroom floor plans. Thirty percent of units will be rent-stabilized and are now being leased via a lottery system. Leasing of market-rate units is slated to begin later this …

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Palladium Carver Living in Mesquite, Texas
Affordable HousingDevelopmentNewsTexas

Palladium USA Breaks Ground on $79 Million Palladium Carver Living in Mesquite, Texas

by Channing Hamilton

MESQUITE, TEXAS — Palladium USA has broken ground on Palladium Carver Living, a $79 million project in the Dallas suburb of Mesquite. Located on a 10-acre site at 2200 Bruton Rd., Palladium Carver Living will consist of 288 apartments in one-, two- and three-bedroom layouts. Pre-leasing will begin by the fourth quarter of 2025. A portion of units at the community will be set aside for individuals earning 60 percent of the area median income. Planned amenities include a pool, fitness center, conference center, clubroom, dog park, computer lounge and …

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Palladium East Foster Crossing in Anna, Texas
DevelopmentNewsTexas

Palladium USA Completes Palladium East Foster Crossing in Anna, Texas

by Channing Hamilton

ANNA, TEXAS — Palladium USA has delivered Palladium East Foster Crossing, a $64 million community in the Dallas suburb of Anna. The project is a public-private partnership with the Anna Public Facilities Corp. Palladium East Foster Crossing comprises 239 apartments on an eight-acre site. The four-story development houses one-, two- and three-bedroom floor plans. Amenities include a pool, fitness center, conference center, dog park, computer lounge, children’s playroom and clubroom with a mini kitchen. HEDK Architects designed the community. BBL Construction was the general contractor. The Anna Public Facilities Corp. …

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110 Bergen Turnpike in Little Ferry, Jersey
DevelopmentFinanceNew JerseyNewsNortheast

SCALE Lending Provides $75 Million Bridge Loan for 294-Unit Project in Little Ferry, Jersey

by Channing Hamilton

LITTLE FERRY, N.J. — SCALE Lending, the debt financing arm of Slate Property Group, has provided a $75 million bridge loan for a 294-unit project that is nearing completion in the New York City suburb of Little Ferry. Located at 110 Bergen Turnpike, the asset is expected to receive its temporary certificate of occupancy during the current quarter. The property will also feature 8,356 square feet of retail space. The borrower was New Jersey-based developer Capodagli Property Co. The loan features an 18-month term with two six-month extension options. The financing …

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Affordable HousingDevelopmentNewsTexas

Partnership Begins Construction on 192-Unit Affordable Housing Development in Houston

by Channing Hamilton

HOUSTON — A partnership between the Harris County Housing Authority, Harris County Housing & Community Development, OCI Development and Atlantic Pacific Cos. has broken ground on The Residences at Arbor Oaks, a 192-unit affordable housing project in Houston.  The Residences at Arbor Oaks will be reserved for households earning between 30 and 60 percent of the area median income. The property will feature 84 two-bedroom and 108 three-bedroom units. Planned amenities include a pool, fitness center, business center, outdoor grilling and dining stations and a children’s play area. Residents will …

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Palladium San Antonio in San Antonio
DevelopmentNewsTexas

Palladium USA Breaks Ground on $75 Million Palladium San Antonio

by Channing Hamilton

SAN ANTONIO — Palladium USA, in partnership with the San Antonio Housing Trust Public Facility Corp. (SAHTPFC), has broken ground on Palladium San Antonio, a $75 million development in San Antonio. The four-story project is situated on an 18-acre site. Palladium East Foster Crossing will feature 288 units in one-, two- and three-bedroom floor plans. Amenities will include a pool, fitness center, conference center, dog park, business center, children’s playroom and clubroom with a mini kitchen. Pre-leasing will begin by Winter 2025. Cross Architects designed the community. Brownstone Group is …

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Clara Bay Harbor 100th in Bay Harbor Islands, Florida
DevelopmentFinanceFloridaNewsSoutheast

Walker & Dunlop Arranges $53.6 Million Construction Financing for Clara Bay Harbor 100th in Bay Harbor Islands, Florida

by Channing Hamilton

BAY HARBOR ISLANDS, FLA. — Walker & Dunlop has brokered a $53.6 million loan for the construction of Clara Bay Harbor 100th, a 150-unit development in Bay Harbor Islands, 15 miles from Miami. Adam Schwartz, Aaron Appel, Jonathan Schwartz, Keith Kurland, Michael Ianno, Christopher de Raet and Marlon Robins of Walker & Dunlop secured the loan on behalf of the borrower. Located at 1145-1163 100th St., Clara Bay Harbor 100th is the second phase of a three-phase rental development by Clara Homes. Phase II will comprise 45 units. The developer …

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