News

Paseo-Austin
DevelopmentNewsOperationsTexas

LV Collective Opens Paseo in Austin

by Lynn Peisner

AUSTIN, TEXAS — Austin-based developer LV Collective, formerly known as Lincoln Ventures, has completed and opened Paseo, a 48-story tower at 80 Rainey St. in downtown Austin. Paseo offers 498 units in studio, one-, two- and three-bedroom floor plans, as well as four penthouses and a pool, deck and bar on the 12th floor with views of Lady Bird Lake. ROOST Rainey, a 59-room hotel, is located on floors 14 through 17. Residents also have access to Daydreamer, a ground-level café and bar, Amaya, a Mediterranean-inspired restaurant, a fitness center …

Continue Reading
0 FacebookTwitterLinkedinEmail
The-Square-Athens
Affordable HousingDevelopmentGeorgiaNewsSoutheast

Public and Private Partners to Build $65 Million Affordable Housing Community in Downtown Athens, Georgia

by Lynn Peisner

ATHENS, GA. — Columbia Residential, in partnership with the Athens Housing Authority and Jonathan Rose Cos., has closed on $65 million in financing for development of The Square at NoDa. The 146-unit affordable housing community represents the second phase of a larger redevelopment of approximately 12 acres in north downtown Athens that was formerly home to the Bethel Midtown Village housing development, which was constructed in the early to mid-1970s and demolished in 2021. Phase I consisted of The View at NoDA, a 120-unit mixed-income community that opened in December …

Continue Reading
0 FacebookTwitterLinkedinEmail
1860-1900-N.-Parkside-Drive-Chicago
IllinoisInvestment SalesMidwestNews

Interra Arranges Two Chicago Trades Totaling $4.7 Million

by Lynn Peisner

CHICAGO — Interra Realty has arranged the sale of two properties in northwest Chicago totaling $4.7 million. The two-building, 16-unit 1860-1900 N. Parkside Drive in Park Ridge sold for $2.75 million, and the 12-unit 8544-48 W. Gregory St. in Chicago’s O’Hare submarket transacted for $1.9 million. Interra’s Patrick Kennelly, Paul Waterloo and Nathan Zito represented both the undisclosed buyer and seller of 1860-1900 N. Parkside. Kennelly, Waterloo and Zito also represented the undisclosed partnership seller of 8544-48 W. Gregory, with Oleg Komarnytskyy of KOMAR Real Estate representing the private buyer. Both …

Continue Reading
0 FacebookTwitterLinkedinEmail
Brian-Killinger-Gilbane
Company NewsMassachusettsNewsNortheastPeople NewsRhode Island

Gilbane Appoints Brian Killinger Head of Asset Management

by Lynn Peisner

PROVIDENCE, R.I. — Gilbane Development has hired Brian Killinger as head of asset management, a role that requires oversight and growth of a national portfolio of more than 8,000 multifamily units, 3,550 purpose-built student housing beds as well as other retail and office assets. Prior to joining Providence-based Gilbane, Killinger directed a regional portfolio of 200 multifamily properties consisting of approximately 70,000 apartments in the Eastern United States in his capacity as senior vice president, asset management, at LivCor, a Chicago-based subsidiary of The Blackstone Group. Killinger works out of …

Continue Reading
0 FacebookTwitterLinkedinEmail
Lakeside-Houston
Investment SalesNewsTexas

Knightvest Capital Sells Lakeside in Houston

by Lynn Peisner

HOUSTON — Newmark has arranged the sale of Lakeside, a 296-unit community located at 9550 Meyer Forest Drive in Houston. Newmark’s David Mitchell represented the seller, Knightvest Capital, while Colin Cross secured financing on behalf of the buyer, Pegasus Real Estate. The sales price was not disclosed. Built in 2001, Lakeside is a mid-rise community featuring a mix of one-, two- and three-bedroom units averaging approximately 1,000 square feet. The property was 92 percent occupied at the time of sale. Recent upgrades at Lakeside include enhancements to the clubhouse, pool …

Continue Reading
0 FacebookTwitterLinkedinEmail
Exchange-at-Indian-Trail-NC
FinanceFloridaLouisianaNewsNorth CarolinaSoutheast

Hathaway Secures $153.3 Million ReFi for Three Sun Belt Properties

by Lynn Peisner

ATLANTA — Walker & Dunlop has arranged $153.3 million in loans for Hathaway Development. The Atlanta-based owner/developer will use the proceeds to refinance three garden-style properties: Exchange at Juban in Denham Springs, Louisiana, Exchange at Blair Stone in Tallahassee, Florida, and Exchange at Indian Trail, in Indian Trail, North Carolina. Walker & Dunlop’s Stephen Farnsworth, Hanes Dunn and Robert Henry arranged the floating-rate loans through lender ACRES Capital. The three communities were developed by Hathaway and combined include 876 units. Exchange at Juban, a 264-unit property in Denham Springs was …

Continue Reading
0 FacebookTwitterLinkedinEmail
CRG-Wildcreek-Apartments-Austin
Investment SalesNewsTexas

Continental Realty Group Acquires 232-Unit Community in Austin

by Lynn Peisner

AUSTIN, TEXAS — Continental Realty Group, a Denver-based owner and operator, has acquired the 232-unit Wildcreek Apartments in Austin. This marks Continental Realty Group’s first acquisition in the Austin market. Built in 1984, Wildcreek features one- and two-bedroom units and such amenities as a clubhouse and leasing center, two pools, a dog park and a basketball court. The new owner is planning to lightly upgrade unit interiors as well as the property’s exterior and common areas. JLL represented the seller, Bob Reeve. The sales price was not disclosed.

Continue Reading
0 FacebookTwitterLinkedinEmail
The-West-West-Orange
Investment SalesNew JerseyNewsNortheast

JLL Arranges $41 Million Sale in West Orange, New Jersey

by Lynn Peisner

WEST ORANGE, N.J. — JLL has arranged the sale of and acquisition financing for The West, a 70-unit community in West Orange. JLL worked on behalf of the seller, a joint venture between Varma Real Estate and Garas Development, and also represented the buyer, a joint venture between Invel Capital and Pearlmark Real Estate. JLL secured a $27.5 million loan for the buyer through a life insurance company. The asset traded for a total of $40.8 million. Built in 2023, The West features one- to three-bedroom floor plans and amenities …

Continue Reading
0 FacebookTwitterLinkedinEmail
Landmark-Apartments-Chesapeake
Affordable HousingInvestment SalesNewsSoutheastVirginia

Fairstead Acquires, Plans to Renovate Affordable Community in Hampton Roads Region

by Lynn Peisner

CHESAPEAKE, VA. — Fairstead has acquired Landmark Apartments, a 120-unit affordable housing community in Chesapeake, for $34.8 million. The New York City-based affordable housing developer is also planning to redevelop the property. Construction on the renovations is slated to begin in January 2026 and to be complete by mid-2027. All units are reserved for tenants earning no more than 60 percent of the area median income. Located at 2900 Fireside Road, Landmark Apartments consists of 15 two-floor garden-style buildings that offer 72 two-bedroom units and 48 three-bedroom units. Fairstead’s renovation …

Continue Reading
0 FacebookTwitterLinkedinEmail
Advenir-at-Lighthouse-Point-Pompano-Beach
FinanceFloridaInvestment SalesNewsSoutheast

JLL Arranges $53.3 million in Acquisition Financing for Pompano Beach Property

by Lynn Peisner

POMPANO BEACH, FLA. — JLL has arranged a $53.3 million Freddie Mac acquisition loan on behalf of Miami-based Advenir Azora, which has acquired Avenir at Lighthouse Point. The property was built in 2015 and consists of a six-story building with one-, two- and three-bedroom units averaging 887 square feet. Amenities include a rooftop lounge with ocean views, a resort-style pool, a 24-hour fitness center and a parking garage. Advenir at Lighthouse Point was 95 percent occupied at the time of sale. The seller was not disclosed. JLL’s Jesse Wright, JJ …

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts
©2025 France Publications, dba France Media Inc.