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Ekos-at-Rockledge-Park-Rockledge
Affordable HousingDevelopmentFloridaNewsSoutheast

McDowell Housing Partners Breaks Ground on $38.2M Affordable Housing Community in Rockledge, Florida

by Lynn Peisner

ROCKLEDGE, FLA. — McDowell Housing Partners (MHP) has begun construction of Ekos at Rockledge Park, a $38.2 million, 100-unit affordable housing community in Rockledge. The property’s one-, two- and three-bedroom units will be reserved for households earning up to 30, 60 and 70 percent of area median income. The LIHTC project will be built to National Green Building Standards. Units will be equipped with Energy Star-rated appliances, low-flow plumbing fixtures, LED lighting and other energy-efficient features. Amenities feature a clubhouse, fitness center, business center with computer stations, package lockers, community …

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ParkRow-Houston
DevelopmentNewsTexas

OHT Breaks Ground on Park Row in Houston

by Lynn Peisner

HOUSTON — OHT Partners has broken ground on Park Row, a 360-unit community at 14192 Park Row Blvd. in Houston. Situated on 14 acres, Park Row will be comprised of one- and two-bedroom units ranging from 702 to 1,257 square feet. Amenities include a clubhouse, fitness room, coworking areas with private offices, package lockers, resort-style pool with cabanas, a dog park and spa, a pickleball court and electric vehicle chargers. OHT Partners is serving as the general contractor. The architect is Meeks + Partners. A construction timeline was not disclosed.

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Opportunity-Village-West-Louisville
Affordable HousingDevelopmentKentuckyNewsSoutheast

Woda Cooper Cos. Breaks Ground on Opportunity Village in Louisville, Kentucky

by Lynn Peisner

LOUISVILLE, KY. — Woda Cooper Cos. along with Goodwill Kentucky have begun development of Opportunity Village, a four-story, 76-unit affordable housing community on the Norton Healthcare Goodwill Opportunity Campus in West Louisville. The 20-acre campus is home to Norton West Louisville Hospital and Goodwill’s West Louisville Opportunity Center, where residents can find assistance securing work, locating housing, accessing legal resources and more. The $19.7 million Opportunity Village will include one- and two-bedroom apartments rented monthly for approximately $695 to $1,295, based on the rent restrictions of 50 and 80 percent …

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Cambria-Villas-Rialto
CaliforniaInvestment SalesNewsWestern

CBRE Brokers $12.3M Sale of Cambria Villa in Fontana, California

by Lynn Peisner

FONTANA, CALIF. — CBRE has brokered the sale of Cambria Villa Apartments, a 50-unit community at 1531 West Rialto Ave. in Fontana, about 7 miles west of San Bernardino. Eric Chen and Blake Torgerson of CBRE represented both the undisclosed buyer and seller. The asset traded for approximately $12.3 million. Built in 1985, the gated community is comprised of one- and two-bedroom units along with a pool, landscaped courtyard with a picnic area, private garages and guest parking.

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3233-47-North-Sheffield-Chicago
Affordable HousingDevelopmentFinanceIllinoisInvestment SalesMidwestNews

Associated Bank Supplies $29.4M Acquisition and Development Loan for Chicago TOD

by Lynn Peisner

CHICAGO — Associated Bank has provided a $29.4 million loan to a joint venture of North Park Ventures and SNS Realty Group for the development of a transit-oriented project at 3233-47 N. Sheffield Ave. in Chicago. The loan includes funds for the acquisition of the former Tortenson Glass Co., which includes approximately 30,000 square feet. Tortenson operated at the site from 1910 to 2024. The five-story, 99-unit apartment building will offer 84 market-rate units and 15 affordable-housing units. Floor plans will consist of studios, one- and two-bedrooms. Amenities will feature …

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Tides-at-Palm-Bay-Florida
DevelopmentFloridaLeasing & MarketingNewsSoutheast

Woodfield Development Opens $100M Luxury Mixed-Use Project on Florida’s Space Coast

by Lynn Peisner

PALM BAY, FLA. — Woodfield Development has completed and opened Tides at Palm Bay, a $100 million, 318-unit, mixed-use property in Palm Bay on Florida’s Space Coast. The community features 318 luxury apartments alongside 19,000 square feet of commercial space. The development includes studio, one-, two- and three-bedroom units, with asking rents ranging from $1,600 to $4,200 per month. Amenity highlights include a lounge with gaming areas, fitness center, resort-style pool, outdoor kitchen and grills, fire pit, dog park and a courtyard with central green space. The project team included …

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Atlas-Peakview-Centennial
ColoradoFinanceNewsWestern

Mesa West Capital Delivers $81M Refinancing for Atlas Peakview in Centennial, Colorado

by Lynn Peisner

CENTENNIAL, COLO. — Mesa West Capital has provided an $81 million short-term first mortgage loan to a joint venture between The Dinerstein Cos. and PGIM. The loan will refinance Atlas Peakview, a 330-unit development in the Denver suburb of Centennial. Walker & Dunlop’s Tom Melody, Paul House and John Melody arranged the loan. The property has reached 85 percent occupancy since opening in 2025. Atlas Peakview, located at 7800 E. Peakview Ave., offers studio through three-bedroom apartment floor plans and two- and three-bedroom townhomes. Community amenities include a resort-style pool …

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Meadow-Creek-Concord
BerkadiaInvestment SalesNewsNorth CarolinaSoutheast

Berkadia Arranges Two Trades in Concord, North Carolina

by Lynn Peisner

CONCORD, N.C. — Berkadia has arranged the sale of two properties in Concord, Meadow Creek Townhomes and Northway at Cabarrus. Thomas Colaiezzi, Caleb Troop, Matt Robertson and Drew Kwiatkowski of Berkadia Charlotte represented the buyer, Virginia-based RockBridge Investment Group, in its acquisition of Meadow Creek Townhomes from California-based Serra Vista Partners. The Berkadia team also represented the seller, Charlotte-based Wickenden Partners, in the sale of Northway at Cabarrus to RockBridge Investment Group. Both transactions were completed off-market. Neither sales price was not disclosed. Located at 609 Easy St. and built in 1997, Meadow …

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Villa-Samoa-Anaheim
CaliforniaInvestment SalesNewsWestern

Marcus & Millichap Brokers $12.3M Sale of 46-Unit Property in Anaheim, California

by Lynn Peisner

ANAHEIM, CALIF. — Marcus & Millichap has arranged the sale of Villa Samoa, a 46-unit community at 2856 West Lincoln Ave in West Anaheim. The property sold for $12.3 million. Tyler Leeson and Matthew Kipp based out of Marcus & Millichap’s Orange County office represented the undisclosed seller. The buyer’s identity also was not disclosed. Built in 1964, Villa Samoa is situated on a 3.2-acre parcel and consists of 12 single-story buildings. Each residence features a private patio, and community amenities include garage and surface parking. The buyer plans to …

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Park-Square-Yonkers
DevelopmentNew YorkNewsNortheast

Titan Real Estate Development Breaks Ground on $185M Park Square in Yonkers, New York

by Lynn Peisner

YONKERS, N.Y. — Titan Real Estate Development has broken ground on Park Square Yonkers, a $185 million development at 1 Loehr Place in Yonkers. The seven-story project will feature a mix of 192 studio apartments and 148 one-bedroom apartments. Residents will have access to such amenities as a 15,000-square-foot elevated private outdoor courtyard, a two-level fitness center, a business center with work stations, a lounge, a pet spa and several thousand square feet of dedicated resident storage located within the building. Construction is expected to take approximately 24 months. The …

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