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yvette-gallegos-Dominium
NewsPeople NewsTexas

Dominium Promotes Yvette Gallegos to Vice President of Operations

by Lynn Peisner

DALLAS — Affordable housing developer, owner and manager Dominium has promoted Yvette Gallegos to vice president of operations. In her new role, Gallegos will oversee the operations department’s day-to-day activities and will play a key role in advancing organizational initiatives and strategic projects. Gallegos joined Dominium in 2012 as a community manager in Florida and advanced through leadership roles, including area manager and regional manager. In 2024, she was promoted to director of property operations.

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6254-N.-Whipple-St
IllinoisInvestment SalesMidwestNews

Interra Brokers $3.15 Million Sale in Chicago’s West Ridge Neighborhood

by Lynn Peisner

CHICAGO — Interra Realty has brokered the $3.15 million sale of 6254 N. Whipple St. in Chicago. The 16-unit apartment building, which was fully occupied at the time of the sale, was developed in 1931 and renovated in 2023. The $3.15 million sales price equated to $196,875 per unit. Interra Senior Managing Partner Brad Feldman represented the buyer and seller, both of whom are Chicago-based private investors. The seller acquired the asset in 2023 for $1.8 million, and, at that time, the property had not traded in more than 50 years. …

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2400-E-Atlantic-Blvd
DevelopmentFloridaNewsSoutheast

Portman Approved for Pompano Beach Project

by Lynn Peisner

POMPANO BEACH, FLA. — The City of Pompano Beach has approved Portman’s plans for a mixed-use development at 2400 E. Atlantic Blvd. The Atlanta-based developer will break ground on the eight-story, 397-unit project in fall 2026, with completion slated for late 2028. The community will include a variety of floor plans, some of which will be offered as townhomes with direct street access. Amenities will include a rooftop pool, interior courtyard, a fitness center and a six-story parking garage. At the street level, there will be 10,591 square feet of …

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The-Olivia
BerkadiaFinanceFloridaNewsSoutheast

Berkadia Arranges $58.3 Million ReFi for Miami-Suburb Property

by Lynn Peisner

HOMESTEAD, FLA. — Berkadia has arranged a $58.3 million Freddie Mac loan for Denver-based Grand Peaks Properties and Washington, D.C.-based Artemis Real Estate Partners. The two firms will use the funds to refinance existing debt on The Olivia in Homestead, located about 27 miles south of Miami. The joint venture owners acquired the property, developed in 2018, for $71 million in late 2021 in a Berkadia-brokered transaction. The Olivia sits on 3.4 acres at 14981 Southwest 283rd St. and offers 288 one-, two- and three-bedroom units and amenities such as …

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Circ-Tucson
ArizonaInvestment SalesNewsWestern

IPA Brokers Tucson Sale

by Lynn Peisner

TUCSON, ARIZ — Institutional Property Advisors (IPA) has arranged the sale of CIRC Tucson, a 368-unit property in the Casas Adobes neighborhood of Tucson. IPA’s Clint Wadlund, Hamid Panahi, Steve Gebing and Cliff David represented the seller and procured the buyer. Neither party was named. Completed in 1986 on 17 acres, CIRC Tucson is a gated, two-story, garden-style property with two pool areas, a fitness center, package lockers and electric vehicle charging stations.

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Jordan-McCarley
NewsNorth CarolinaPeople NewsSouth CarolinaSoutheast

Jordan McCarley Joins Cusman & Wakefield’s Carolinas Team

by Lynn Peisner

CHARLOTTE, N.C. — Jordan McCarley has joined Cushman & Wakefield’s Carolinas Multifamily team. With the title executive vice chair, McCarley will lead the Carolinas team alongside Blake Okland, Paul Marley and Alex McDermott. The Carolinas Institutional Multifamily Advisory team is part of the firm’s Sunbelt Multifamily Advisory Group, which is an 85-person investment sales team covering 14 states.

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Brentwood-Commons
Affordable HousingDevelopmentGeorgiaNewsSoutheast

Wendover Housing Partners Opens Atlanta Affordable Housing Community

by Lynn Peisner

ATLANTA — Wendover Housing Partners has opened Brentwood Commons, a 113-unit affordable housing community in Atlanta. The property offers one-, two- and three-bedroom apartments with monthly asking rents for one-bedrooms starting at $1,192 and three-bedroom rates set at approximately $1,632. Amenities include a clubhouse with a fireplace-anchored gathering area, a computer center for work and study, a splash pad and playground for children and a fitness center. Each unit is equipped with Energy Star-certified appliances, walk-in closets and a full-size washer and dryer. Designed by Slocum Platts Architects and built …

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Residences-at-Plantation-Square
Affordable HousingDevelopmentFinanceFloridaNewsSoutheast

City of Plantation Grants MMG Equity Partners Approvals, Financing for Florida Mixed-Income Development

by Lynn Peisner

PLANTATION, FLA. — MMG Equity Partners has received site plan approval and $6 million in tax-increment financing (TIF) incentives from the City of Plantation for the development of Residences at Plantation Square. The project will include luxury apartments, workforce apartments and a new Bank of America building, all located within Plantation Square, a 10-acre mixed-use development in the Broward County city of Plantation, about 8 miles west of Fort Lauderdale. Residences at Plantation Square will include an eight-story residential building with 307 apartments and a six-story parking garage. Amenities include …

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Dana-Caudell
MarylandNewsNortheastPeople News

Dana Caudell Joins Continental Realty as EVP of Multifamily Operations

by Lynn Peisner

BALTIMORE — Dana Caudell has been appointed executive vice president and head of multifamily operations for Baltimore-based Continental Realty Corp. (CRC). In this role, Caudell will oversee operations of a portfolio comprising more than 10,000 apartment homes across 38 communities throughout the Mid-Atlantic and Southeast regions. CRC is an investment and property management company active in 14 states with a portfolio valued at approximately $4.2 billion. Caudell joins CRC from Pegasus Residential, where she served as chief strategy officer. Previously, she spent six years as president of The Bainbridge Cos., …

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2811-Maple
DevelopmentLeasing & MarketingNewsTexas

Crescent Opens Dallas Boutique High-Rise

by Lynn Peisner

DALLAS — Crescent Real Estate has opened 2811 Maple, a 31-story, 177-unit high-rise in Dallas’ Uptown neighborhood. Each floor has no more than seven units, and 60 percent are corner units. Residences range from 950 to 1,900 square feet with 12 penthouses ranging from 2,100 to 2,500 square feet. Asking rents range from $4,000 to $19,500. Amenities include coworking spaces, a fitness center, a resort-style pool with private cabanas, a fire pit, a garden, a pet spa, a coffee bar, controlled-access parking and electric vehicle charging stations. Valet and concierge …

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