AUSTIN, TEXAS — The NRP Group has completed The Markson, a 330-unit mixed-income development in the Barton Springs area of Austin. More than half of the total unit count will be reserved for tenants earning 80 percent or less of the area median income. Amenities include a pool, dog park, conference rooms, co-working lounge, coffee bar, fitness center, game room, outdoor kitchen and volleyball and bocce ball courts. The NRP Group developed The Markson in partnership with the Housing Authority of the City of Austin. The property was named after …
DALLAS — Banyan Residential, in partnership with Bridge Investment Group, has completed Banyan Flats, a 289-unit community located at 2022 N. Beckley Ave, just west of downtown Dallas. The property offers micro, studio, one-, two- and three-bedroom units ranging in size from 415 to 1,425 square feet. Of the total unit count, half will be set aside for households earning 80 percent or less of the area median income. Amenities include a pool, fitness center, clubhouse, dog wash station and a rooftop deck. JHP Architecture designed the property. J.P. Morgan …
ARLINGTON, TEXAS — Trademark Property Co. has unveiled plans for the redevelopment of Lincoln Square, a 45-acre retail center in Arlington. Lincoln Square was constructed 40 years ago. Trademark acquired the property in late 2022 and subsequently entered into a public-private partnership agreement with the City of Arlington to invest $150 million into the redevelopment. The Fort Worth-based owner-operator plans to demolish about 229,000 square feet of the existing space and repurpose another 65,000 square feet at the property. The resulting mixed-use community will be known as “Anthem.” Once converted, the …
MALTA, N.Y. — LeCesse Development Corp. has completed GrandeVille at Malta, a 189-unit community in Malta, 30 miles north of Albany, New York. The property offers one-, two- and three-bedroom apartments spread across three buildings. Amenities include a pool, fitness center, clubhouse, game room, business lounge and a spa. GrandeVille at Malta marks the second phase of a larger development. Phase I comprised 292 units. Partners on the development included James Fahy Design Associates, general contractor Platinum-LeChase, Lansing Engineering and Five Star Bank.
BOSTON — Beacon Communities has completed the renovation of Lenox Apartments, a 285-unit affordable housing community in the South End/Lower Roxbury neighborhood of Boston. Lenox Apartments comprises 13 buildings and offers one-, two- and three-bedroom floor plans. According to Beacon Communities, the property was originally built in 1939 as the first public housing in Boston dedicated to serving African Americans. The renovation was funded through State and Federal housing and historic tax credits, as well as public and private loans.
WOOD-RIDGE, N.J. — Hudson Atlantic has arranged the $3.6 million sale of The Highlander, a 19-unit community in the northern New Jersey borough of Wood-Ridge. Adam Zweibel and Dante Fusaro of Hudson Atlantic brokered the deal. The buyer and seller were not disclosed. The seller originally developed The Highlander in 1977. According to Apartments.com, the property exclusively offers one-bedroom floor plans.
WEATHERFORD, TEXAS — Cushman & Wakefield has arranged the sale of Remington Ridge, a 257-unit community in Weatherford. Juniper Investment Group purchased the asset from Trinity Capital Group for an undisclosed price. Asher Hall and Grant Raymond of Cushman & Wakefield represented the seller in the transaction. Remington Ridge is a two-phase development. The first phase comprised 133 units and was completed in 2022. The second phase is currently underway and will deliver an additional 124 units. Amenities include a clubhouse with business center, game room, fitness center with yoga …
SALEM, N.H. — The Dolben Co. has completed Caro Tuscan Village, a 260-unit development in Salem. Caro Tuscan Village is situated on a 7.7-acre site within Tuscan Village, a mixed-use project that is a redevelopment of the former Rockingham Park horseracing complex. Units come in studio, one-, two- and three-bedroom floor plans. Amenities include a pool, fitness center, conference room, clubroom and outdoor grilling and dining stations. HDS Architecture designed the project. Pilot Construction was the general contractor.
ST. LOUIS — Brinkmann Constructors has completed 11th and Spruce, a 148-unit complex in downtown St. Louis. The community offers amenities such as a fitness center, clubroom, courtyard, pet spa, dog run and rentable work-from-home space. The property also includes 3,000 square feet of ground-floor retail space. Balboa Real Estate Partners was the developer. TR,i Architects designed the community.
MAPLE GROVE, MINN. — CBRE has arranged the sale of Avery Park, a 124-unit build-to-rent community in the northwestern Minneapolis suburb of Maple Grove. Avery Park offers 42 detached homes averaging 2,262 square feet and 82 townhomes averaging 1,687 square feet. The property was completed in 2023. Curtis Capital Group purchased the asset for an undisclosed price. Ted Abramson, Keith Collins and Abe Appert of CBRE represented the seller, which was also not disclosed.