News

Northbend-Atlanta
DevelopmentGeorgiaNewsSoutheast

Developers Secure Land for $605 Million Mixed-Use District in Atlanta

by Lynn Peisner

BROOKHAVEN, GA. — Third & Urban and HighBrook Investors have assembled 30 acres for the redevelopment of Corporate Square, a 1970s-era office park in the Atlanta metro city of Brookhaven. The site, located between Buford Highway and Interstate-85, has been dubbed Northbend in reference to the bend of Peachtree Creek along its northern edge. Atlanta-based developer Third & Urban and West Palm Beach, Florida-based HighBrook, a financial partner, are finalizing partnerships to begin construction for the initial phases of the new mixed-use district, valued at $605 million. The assemblage comprises …

Continue Reading
0 FacebookTwitterLinkedinEmail
Rivergate-Sacramento
CaliforniaInvestment SalesNewsWestern

Newmark Arranges Sale of Rivergate Apartments in Sacramento

by Lynn Peisner

SACRAMENTO — Newmark has arranged the sale of Rivergate Apartments, a 126-unit property at 900 Simon Terrace in West Sacramento. Newmark Managing Director Will Blucher and Associate Wills Vlasek represented the seller, McCarty Sacramento Property LLC, in the disposition to a private buyer, IMG II, LLC. Rivergate is approximately 3 miles from Sacramento’s Central Business District and offers 72 one- and 54 two-bedroom floor plans across 10 two-story buildings on a 3.6-acre parcel. Amenities include a gated pool, a standalone leasing office, common area laundry facilities and interior courtyards.

Continue Reading
0 FacebookTwitterLinkedinEmail
Coney-Island-West
Affordable HousingDevelopmentNew YorkNewsNortheast

New York City Selects RYBAK for $350 Million Coney Island Redevelopment Project

by Lynn Peisner

BROOKLYN, NEW YORK — Following a request for proposals, the New York City Economic Development Corp. (NYCEDC) has selected RYBAK Development to build a 505-unit, mixed-income community on Surf Avenue between West 21st and 22nd streets in Coney Island. The project, named Tilyou Towers, was designed by Brooklyn-based IMC Architecture. RYBAK plans to begin construction in 2027 and estimates the project will be complete by 2030. The site was a former parking lot owned by the city. Twenty-five percent of the units at Tilyou Towers will be set as aside …

Continue Reading
0 FacebookTwitterLinkedinEmail
Central-at-Old-Concord-Charlotte
Affordable HousingDevelopmentNewsNorth CarolinaSoutheast

The Annex Group Begins Development of $57 Million Affordable Housing Community in Charlotte

by Lynn Peisner

CHARLOTTE, N.C. — The Annex Group has broken ground on Central at Old Concord, a 200-unit affordable housing community in Charlotte. The building on the 3.5-acre site will include one-, two- and three-bedroom apartments reserved for renters earning up to 70 percent of area median income. The project is cost is approximately $57 million. Completion is slated for summer 2027. Partners on the project include Cline Design, McAdams, Shelter Investment Group, ECS Southeast LLP, August Mack Environmental, Capital Consultants, Drucker and Falk, DELCK Group LLC and Impact Housing Indiana Corp. …

Continue Reading
0 FacebookTwitterLinkedinEmail
Venture-at-Route-66-Flagstaff
ArizonaInvestment SalesNewsWestern

NV Ventures Acquires Flagstaff Property

by Lynn Peisner

FLAGSTAFF, ARIZ. — Neighborhood Ventures (NV) has acquired Venture on Route 66 in Flagstaff as part of a Section 721 UPREIT exchange valued at $5.5 million. The 24-unit property is fully occupied and offers studios and one-bedroom units at asking rents, which include utilities and Wi-Fi, ranging from $1,375 to $1,895, according to the property website. NV is a Phoenix-based online multifamily investment company. A 721 UPREIT, or Umbrella Partnership Real Estate Investment Trust, exchange is a tax-deferred transaction that allows property owners to exchange real estate for ownership units …

Continue Reading
0 FacebookTwitterLinkedinEmail
Quarry-Place-Tuckahoe
Investment SalesNew YorkNewsNortheast

Veris Residential Sells Quarry Place in NYC Metro for $63 Million

by Lynn Peisner

TUCKAHOE, N.Y. — Veris Residential has sold Quarry Place in Tuckahoe to Hines for $63 million in a transaction arranged by JLL Capital Markets. Tuckahoe is a village 20 miles north of Manhattan. Built in 2016, Quarry Place features 61 one- and 47 two-bedroom units and is currently 96 percent occupied. The 3,275 square feet of ground-floor retail is leased to Orangetheory Fitness. Amenities include a fitness center with a yoga room and spin studio, a clubroom with computer stations, a garden terrace with a fire pit and electric vehicle …

Continue Reading
0 FacebookTwitterLinkedinEmail
Helms-Los-Angeles
Affordable HousingCaliforniaDevelopmentFinanceNewsWestern

Priority Capital Arranges $28 Million Loan for Los Angeles Development

by Lynn Peisner

LOS ANGELES, CALIF. — Priority Capital Advisory has arranged a $28 million loan on behalf of CityPads, a private equity fund manager and developer with operations based in Chicago and Los Angeles. The senior debt financing is for the development of a 92-unit property in West Los Angeles. Zachary Streit of Priority Capital Advisory brokered the loan along with Lucas Borges of JLL. CityPads has begun construction, and completion is slated for 2026. The property’s unit mix will consist of 38 studios (33 market rate, five affordable), 53 one-bedroom units …

Continue Reading
0 FacebookTwitterLinkedinEmail
Apex-Posner-Park-Davenport
FinanceFloridaNewsSoutheast

Flournoy Partners Land $55 Million ReFi for Metro Orlando’s Apex Posner Park

by Lynn Peisner

DAVENPORT, FLA. — Walker & Dunlop has arranged a $55 million loan for Flournoy Partners to refinance Apex Posner Park Apartments, a luxury community in Davenport, 33 miles southwest of Orlando. Walker & Dunlop’s team was led by Jeremy Pino, Livingston Hessam, Carl Passmore and Kyle Miller. An undisclosed institutional lender provided the capital for the bridge loan. The property’s amenities include a saltwater pool with cabanas and grilling areas, a fitness center, package lockers, a dog park, a clubhouse and a gaming area with billiards. According to the property …

Continue Reading
0 FacebookTwitterLinkedinEmail
Affordable HousingDevelopmentFinanceIndianaMidwestNews

KeyBank Provides $66 Million in Construction Financing for Indiana Affordable Housing Development

by Lynn Peisner

LAFAYETTE, IND. — KeyBank Community Development Lending and Investment (CDLI) has provided a $37.2 million construction loan, and Key Commercial Mortgage Group has arranged a $28.8 million permanent loan to finance the construction of Vita Lifestyle Lafayette. The 198-unit affordable housing development is located in Lafayette, approximately 60 miles northwest of Indianapolis. Vita Investment Holdings LLC has partnered with CRF Affordable Housing to develop the project. Vita Lifestyle Lafayette will consist of 159 affordable units and 39 market rate units, including one-bedroom, two-bedroom, and cottage-style units. Affordable units are restricted …

Continue Reading
0 FacebookTwitterLinkedinEmail
21-Apartments-Fort-Lauderdale
FloridaInvestment SalesNewsSoutheast

Marcus & Millichap Arranges $6 Million Sale in Fort Lauderdale

by Lynn Peisner

FORT LAUDERDALE, FLA. — Marcus & Millichap has arranged the $6 million sale of 21 Apartments in Fort Lauderdale. Built in 1953 and renovated throughout the years, 21 Apartments is located at 2100 NE 33rd Ave. The two-story property comprises a mix of studios, one-bedroom and two-bedroom apartments. Each unit is furnished. The property features on-site laundry facilities, a pool, outdoor lounge areas and an on-site management office. Marcus & Millichap’s team was led by Evan Kristol, Felipe Echarte, Brandon Rex and Austin Michels. The team represented the seller and …

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts
©2026 France Publications, dba France Media Inc.