Ohio

VC-Flats-Kettering-Ohio-
DevelopmentMidwestNewsOhio

Vision Cos. Buys Land for Ohio Development to Serve Office Park Workers

by Lynn Peisner

KETTERING, OHIO — Vision Cos. has acquired a 28.5-acre parcel located within the Miami Valley Research Park in Kettering, about eight miles southeast of Dayton, Ohio. On this land, the buyer plans to develop VC Flats, a community with 264 units housed within nine three-story buildings. The property is adjacent to the 36-acre Sixth River Office Park owned by Industrial Commercial Properties. A multifamily development is included in the Sixth River master plan and is meant to provide housing options for the approximately 4,400 employees working within the office park. …

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Harlow-on-Main-Columbus
Investment SalesMidwestNewsOhio

Abide Capital Group, MCB Buy Harlow on Main in Columbus, Ohio

by Lynn Peisner

COLUMBUS, OHIO — Abide Capital Group and MCB Real Estate have acquired Harlow on Main, a 120-unit asset in Columbus for $16.5 million. WesBanco provided acquisition financing. Newmark arranged the transaction, representing the undisclosed seller. The project was developed in 2020 by Homestead Cos. The asset was approximately 86 percent leased at the time of the sale. Harlow on Main includes 7,000 square feet of ground-floor retail.

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Vista-Greenway-Pool
DevelopmentMidwestNewsOhio

Vista Residential Partners Breaks Ground in Columbus, Ohio

by Lynn Peisner

COLUMBUS, OHIO — Vista Residential Partners has broken ground Greenway Vista in Columbus. The developer is building the 312-unit property on 25 acres near Rickenbacker Airport, a cargo hub. Parse Capital and Old National Bank provided financing for Greenway Vista. Designed by Columbus-based ArchAll Architects, the community will offer a mix of one- and two-bedroom units and such amenities as a 6,500-square-foot clubhouse with fitness and business centers, a resort-style pool with cabanas and grilling area, a large central green space with a pavilion, a community garden and a pet …

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Tommy-Lowmon-
Affordable HousingCompany NewsMidwestNewsOhio

Woda Cooper Hires Former Georgia DCA Finance Director

by Lynn Peisner

COLUMBUS, OHIO — Woda Cooper Cos. has hired Tommy Lowmon as senior vice president. In this role, he will help lead the company’s affordable housing development in Georgia, North and South Carolina. Lowmon comes to Woda Cooper from Sugar Hill Capital, Georgia’s state housing tax credit syndicator. Prior to that, he was the housing finance division director with the Georgia Department of Community Affairs (DCA). Woda Cooper Cos. and its affiliates specialize in the development, design, construction and management of affordable and senior housing communities as well as single-family homes. …

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Columbus-Renaissance-Housing
Affordable HousingDevelopmentMidwestOhio

Woda Cooper Cos. Opens Affordable Housing in Columbus, Ohio

by Lynn Peisner

COLUMBUS, OHIO — Woda Cooper Cos. and co-developer Community Development for All People have opened Columbus Renaissance Housing, a 46-unit affordable housing property in Columbus. Units are reserved for tenants earning up to 60 percent of area median income, which amounts to an annual salary of $61,980 for a family of four. The development of Columbus Renaissance Housing was funded by a combination of public and private investment from entities including the City of Columbus, Franklin County, the Ohio Housing Finance Agency, the Affordable Housing Trust for Columbus & Franklin …

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DevelopmentFinanceMidwestNewsOhio

Affinius Capital Originates $73.4 Million Construction Loan for Project in Columbus, Ohio

by Channing Hamilton

COLUMBUS, OHIO — Affinius Capital LLC has originated a $73.4 million loan to finance the development of Rockpointe at Quarry Trails, a 486-unit project in Columbus. Thrive Cos. — a locally based developer, owner and operator — was the borrower. The community will offer units with walk-in closets, granite countertops, vinyl plank flooring, ceramic tile bathroom floors, stainless steel appliances and washers and dryers. Amenities will include a community kitchen, gaming areas, coworking facilities, a pool and cabanas.  Rockpointe at Quarry Trails will comprise the fourth phase of the Quarry …

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Slate
DevelopmentMidwestNewsOhio

Milhaus, Parse Capital Break Ground on 306-Unit Community Near Cincinnati

by Channing Hamilton

SPRINGDALE, OHIO — Milhaus has partnered with Parse Capital to break ground on Slate, a 306-unit project in Springdale, approximately 19 miles north of Cincinnati. Located at 505 W. Crescentville Road, Slate will offer 216 garden-style apartments and 90 townhomes across 22 buildings. Planned amenities include a resident lounge, pool, coffee bar, fitness center and bark park. First Financial Bank is providing financing for the development, which is slated for completion in the spring of 2026.

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Gordon Crossing
Affordable HousingDevelopmentMidwestNewsOhio

Frontline Development, Woda Cooper Break Ground on $17.6 Million Affordable Housing Project in Cleveland

by Channing Hamilton

CLEVELAND — Frontline Development Group LLC and Woda Cooper Cos. Inc. have broken ground on Gordon Crossing, a $17.6 million affordable housing development in Cleveland. The four-story development will feature 42 two-bedroom and 12 three-bedroom apartments. Gordon Crossing will be available to households earning up to 80 percent of the area median income. Rents are expected to range from $362 to $1,699, depending on household income and unit size. Residents will have access to shared amenities such as a community room with kitchenette, on-site management office, parcel room and outdoor …

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Mural Lewis Center in Columbus, Ohio
Build-to-RentDevelopmentMidwestNewsOhio

Joint Venture Breaks Ground on 120-Unit Build-to-Rent Project Near Columbus, Ohio

by Channing Hamilton

LEWIS CENTER, OHIO — A joint venture between Buckingham and Onyx+East has broken ground on Mural Lewis Center, a 120-unit build-to-rent (BTR) project in Lewis Center, roughly 20 miles north of Columbus, Ohio. The community will offer a mix of two- to four-bedroom homes ranging from 902 to 2,685 square feet. Units will include attached two-car garages and private outdoor spaces. The first units will be available for rent beginning in December. Home and yard maintenance services will be included. Residents have access to shared amenities such as a playground, …

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The Commons at Water’s Edge in Columbus, Ohio
Investment SalesMidwestNewsOhio

Reynolds Asset Management Acquires 432-Unit Community in Columbus, Ohio

by Channing Hamilton

COLUMBUS, OHIO — Reynolds Asset Management, in partnership with the Slabotsky Family Office, has purchased The Commons at Water’s Edge in Columbus for an undisclosed price. George Skaff, Carter Stephens and Julie Mickley of Newmark brokered the transaction, while Henry Stimler and Ricky Warner of Newmark procured the debt. The Commons at Water’s Edge offers 432 units in one- and two-bedroom configurations. The new ownership plans to invest over $10 million to overhaul the property. Renovations are expected to begin immediately and will continue through 2026.

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