FORT WORTH, TEXAS — Dallas-based Palladium USA has completed Palladium Oak Grove, a 240-unit affordable housing community in Fort Worth. Rent caps range from 30 to 80 percent of area median income. The project cost was approximately $60 million and was developed in partnership with the Fort Worth Housing Finance Corp. Financing came from a variety of sources, including 4 percent Low-Income Housing Tax Credits. Units are offered in one-, two- and three-bedroom floor plans. Amenities include a resort-style pool, a fitness center, a conference room, a dog park, a …
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WOODBURY, MINN. — Northmarq’s Minneapolis-based team has arranged the $34.3 million refinancing, in the form of a Fannie Mae loan, of Acclaim of Woodbury, a 109-unit build-to-rent community located at 10108 Sunbird Circle in Woodbury, about 9 miles from St. Paul, Minnesota. Interstate Development, the sponsor, completed the project earlier this year. Homes are available with two, three or four bedrooms complemented by shared amenities such as lawncare, snow removal services and a 24-hour fitness center.
CHARLOTTE, N.C. — Mesa West Capital has provided a joint venture between Hillridge Capital and Broad Creek Capital with a $69.8 million first mortgage loan for the acquisition and renovation of Loft One35 in Charlotte’s South End neighborhood. The total acquisition cost was $94 million, according to the Charlotte Business Journal. Loft One35 is a 298-unit, six-story community that offers a mix of loft-style apartments as well as townhomes. Amenities include a resort-style pool, a courtyard with a fire pit and grilling stations, a pet spa, a coffee bar and …
AUSTIN, TEXAS — Presidium has completed development of Presidium 183, a 374-unit community in North Austin’s Burnet-Gateway area, home of The Domain, a high-density mixed-use property. Designed by Dallas-based O’Brien Architects, Presidium 183 offers a resort-style pool, a fitness center with a sauna and yoga and spin rooms, a speakeasy-style bar, a clubroom, landscaped courtyards, hammock groves, outdoor game spaces, electric vehicle charging stations, bike storage and package lockers. Units feature smart home technology and private outdoor areas, while select homes sport added features like wine refrigerators and private garages. …
MCKINNEY, TEXAS — Equus has sold McKinney Village to Weidner Apartment Homes. The 245-unit community about 50 miles north of Dallas in McKinney was built in 2017 with a unit mix comprised of studios, one- and two-bedroom floor plans as well as two-story townhomes with attached garages. Amenities include a resort-style pool with covered seating and grilling stations, a fitness center with cardio and strength equipment, a clubhouse lounge, a pet park and a community garden. Brian O’Boyle Jr. with Newmark represented Philadelphia-based Equus in the transaction. The sales price …
FRISCO, TEXAS — Bell Partners has acquired The Albee Apartments in Frisco and will rebrand the asset Bell Southstone Yards. Neither the seller nor the sales price was disclosed. The 355-unit community was completed earlier this year and is located within the Southstone Yards mixed-use community currently under development by multiple partners including Crow Holdings and Rosewood Property Co. With this acquisition, Greensboro, North Carolina-based Bell Partners now owns or manages 42 communities comprising approximately 15,200 units across the Dallas-Fort Worth region.
CHARLESTON, S.C. — Locally based Woodfield Development has completed and opened The Henslow Daniel Island in the Daniel Island master-planned community 13 miles north of Charleston. The project was developed in partnership with Simpson Housing, a Denver-based firm that not only served as an investment partner but also is managing the property. The Henslow Daniel Island is comprised of 63 one-, two- and three-bedroom units and 12 two-story, three-bedroom townhomes. Amenities include a resort-style saltwater pool; a two-story clubhouse with an entertainment kitchen, game room and rooftop lounge; a fitness …
NEW YORK CITY — Slate Property Group and Pi Capital Partners, a New York City-based real estate family office, have announced plans to develop a ground-up luxury apartment building at 335-339 Fifth Ave. in Midtown Manhattan directly across the street from the Empire State Building. The 95-unit property will be situated at the corner of Fifth Avenue and 33rd Street. Preliminary plans for the 18-story, 89,000-square-foot building call for 95 units ranging from studios to two-bedrooms, ground-floor retail and amenities. The parcel is currently a vacant lot that the Pi …
BRADENTON, FLA. — Thompson Thrift has opened The Stadler, a 279-unit property in the Tampa suburb of Bradenton. The community is named in honor of Henry Stadler, who was the senior vice president and chief operating officer of Indiana-based Thompson Thrift Construction. Stadler passed away in 2022 at the age of 56. “The quality of construction and design of The Stadler reflects the high standards Henry championed throughout his 27 years with Thompson Thrift,” said CEO John Thompson. The property, located at 7120 Henry Drive, is the company’s first asset …
WAXAHACHIE, TEXAS — St. Louis-based developer Mia Rose Holdings has begun construction of The Emory at North Grove in Waxahachie, about 30 miles south of the Dallas-Fort Worth metroplex. The mid-rise building will contain 98 one- and two-bedroom units, retail space and such amenities as a resort-style saltwater pool and a fitness center. Bradbury Construction is the general contractor. Completion is slated for late summer 2026.