News

Palladium-Craig-Ranch-McKinney
DevelopmentNewsTexas

Palladium USA Breaks Ground on 327-Unit Project in McKinney, Texas

by Lynn Peisner

MCKINNEY, TEXAS — Palladium USA, a Dallas-based affordable, market-rate and mixed-use developer, has broken ground on Palladium Craig Ranch in the northeast Dallas suburb of McKinney. Located at 7909 Collin McKinney Parkway, the new community will include 327 one-, two- and three-bedroom apartments on approximately 4.7 acres. The Palladium Craig Ranch amenity package will consist of a resort-style pool with private cabanas, a hot tub, grills, string lighting and seating areas. In addition, an activity courtyard will include a fenced dog park with a pet drinking fountain, a fire table …

Continue Reading
0 FacebookTwitterLinkedinEmail
Spuhler-Drive-Batavia
IllinoisInvestment SalesMidwestNews

Interra Arranges $7.9M Sale in Batavia, Illinois

by Lynn Peisner

BATAVIA, ILL. — Interra Realty has arranged the $7.9 million, off-market sale of a nine-building, 36-unit rental townhome portfolio in Batavia. Neither party to the transaction was named. Interra’s team was led by Nathan Zito, Patrick Kennelly and Paul Waterloo. The properties were 92 percent occupied at the time of sale. Located at 29-65 and 109-155 Spuhler Drive, residences within the community all feature two-bedroom layouts. The buildings were constructed in 1980, and approximately two-thirds of the townhomes have recently undergone interior renovations.

Continue Reading
0 FacebookTwitterLinkedinEmail
Green-Tree-Place-Houston
Affordable HousingBerkadiaInvestment SalesNewsTexas

Berkadia Brokers Sale of Green Tree Place in Houston

by Lynn Peisner

HOUSTON — Berkadia has arranged the sale of Green Tree Place, a 200-unit garden-style property in West Houston. California-based Kairos Investment Management sold the asset, built in 1984, for an undisclosed price. The buyer was Aligned Ventures, a Texas-based investment firm focused on acquiring and operating workforce housing. Berkadia’s Houston-based team representing Kairos was led by Chris Young, Chris Curry, Jeffrey Skipworth, Joey Rippel, Kyle Whitney and Jed Dalton.

Continue Reading
0 FacebookTwitterLinkedinEmail
TheVineyards-Germantown
Investment SalesNewsSoutheastTennessee

Fogelman Buys 200-Unit Property in Greater Memphis, Tennessee

by Lynn Peisner

GERMANTOWN, TENN. — Locally based Fogelman Properties has acquired The Vineyards of Germantown, a 200-unit community approximately 20 miles east of Memphis, Tennessee. Fogelman acquired the asset through a joint venture with Dallas-based Thackeray Partners, marking the 18th acquisition for the Fogelman-Thackeray partnership. The Vineyards was built in 1997 and was 93 percent occupied at the time of the sale. Units are offered as one-, two- or three-bedroom floor plans. Fogelman is planning to renovate unit interiors, build a new pickleball court, and complete upgrades to the clubhouse, pool, fitness center …

Continue Reading
0 FacebookTwitterLinkedinEmail
Army-Navy-Tampa
DevelopmentFloridaNewsSoutheast

City of Tampa Taps PMG Affordable for Downtown Redevelopment

by Lynn Peisner

TAMPA, FLA. — The City of Tampa has selected PMG Affordable to lead a redevelopment in North Downtown Tampa that will include 1,150 units of new rental housing, 70 percent of which will be affordable. Specific rent restrictions, a project cost or development timeline were not disclosed. The city-owned land consists of four properties including an Army-Navy surplus store that was in business from 1938 until 2013. The development team also includes the Tampa Housing Authority, Bank of America Community Development Co. and DuCon, a Florida-based development and construction firm. …

Continue Reading
0 FacebookTwitterLinkedinEmail
Chateau-on-Wells-Chicago
FinanceIllinoisMidwestNews

JLL Arranges $25.2M Refinancing for 43-Unit Chicago Property

by Lynn Peisner

CHICAGO — JLL has arranged a $25.2 million floating-rate loan through lender D2 Residential for the refinancing of Chateau on Wells, a 43-unit property in downtown Chicago. The borrower was Chicago-based investment and development firm Akara Partners. The property features a 2016-built midrise apartment building with one retail suite located at 707 N. Wells St. in the River North entertainment district. The building is 95 percent occupied. The apartments rent for approximately $4,091 per month. JLL’s team was led by Jesse Wright, Joshua Odessky, Sam Tarter, Miguel Pedersen and Ben …

Continue Reading
0 FacebookTwitterLinkedinEmail
Ascent-at-Hover-Longmont
Affordable HousingColoradoDevelopmentNewsWestern

Pennrose Opens Affordable Housing Community in Longmont, Colorado

by Lynn Peisner

LONGMONT, COLO. — Pennrose and Longmont Housing Authority (LHA) have completed the $39 million Ascent at Hover Crossing, a 75-unit affordable housing community with an early childhood education center in Longmont. Ascent at Hover Crossing was designed with families and children in mind, offering a mix of one-, two-, three- and four-bedroom units across two buildings. The apartments are available for a variety of incomes, with units ranging from 30 to 80 percent of area median income, which equates to an annual salary of approximately $31,650 to $84,400 for a …

Continue Reading
0 FacebookTwitterLinkedinEmail
Jules-Los-Angeles
CaliforniaDevelopmentNewsWestern

High Street Residential Breaks Ground on 281-Unit Jules in Los Angeles

by Lynn Peisner

LOS ANGELES — High Street Residential, a subsidiary of Trammell Crow Co., and joint venture partner Haseko North America, has broken ground on Jules San Pedro. Located in the San Pedro Waterfront Arts District in Los Angeles, the development will be comprised of 281 apartments and 1,276 square feet of ground-floor retail space. The eight-story community, designed by KFA Architecture, will offer a mix of studio, one- and two-bedroom residences. The project’s amenity program is centered around its rooftop, which includes a lounge and deck with harbor views. The property …

Continue Reading
0 FacebookTwitterLinkedinEmail
Brookside-at-NoDa-Charlotte
DevelopmentNewsNorth CarolinaSoutheast

RangeWater to Break Ground on 316-Unit Charlotte Property

by Lynn Peisner

CHARLOTTE, N.C. — RangeWater Real Estate and equity partner ParkProperty Capital plan to break ground in late March on an unnamed project in the NoDa (North Davidson) area of Charlotte. First move-ins are slated for completion by 2027. RangeWater’s in-house contractor RangeWater Construction will serve as builder, marking the subsidiary’s fifth overall project and its first in North Carolina. The 16.7-acre site at 200 Atando Ave. will be home to 316 studio through three-bedroom units and amenities such as a pool courtyard with outdoor dining and grilling areas, a flexible …

Continue Reading
0 FacebookTwitterLinkedinEmail
The-Corwyn-South-Point-McDonough
GeorgiaInvestment SalesNewsSoutheast

ECI Group Sells 260-Unit Corwyn South in Metro Atlanta

by Lynn Peisner

MCDONOUGH, GA. — ECI Group has sold The Corwyn South Point Apartments in McDonough, 30 miles southeast of Atlanta, to Morgan Properties. Monthly asking rents for the one- to three-bedroom units range from $1,463 to $3,567, according to Apartments.com. Newmark’s David Gutting represented ECI Group in the transaction. Corwyn South Point residents have access to a 2,000-square-foot clubhouse with a kitchen; a fitness center with a yoga/spin room; a lounge with fireplace, TV and media center; a dog park; resort-style pool; and grilling and fire pit areas. Conshohocken, Pennsylvania-based Morgan …

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