Core Spaces plans to significantly expand its presence near the University of Illinois Urbana-Champaign with three new purpose-built student housing developments.
Together, the projects will deliver more than 3,500 beds between 2028 and 2031. The expansion builds on Core’s footprint in Champaign. Core first entered the market in 2020 with the development of Hub Champaign, followed by Hub Champaign Daniel in 2021, which the firm currently owns and manages. In 2025, Core further expanded its UIUC portfolio through acquisitions of multiple properties along Green Street.
In fall 2025, Core broke ground on Hub Champaign Green Street, a 490-unit, 1,577-bed student housing community. Hub Champaign Green Street is slated to deliver in summer 2028, ahead of the 2028–29 academic year. Looking ahead, Core plans to further expand its Hub on Campus footprint along the Green Street corridor with additional purpose-built student housing developments.
Truist recently closed a $152-million construction loan for Marina Shores, a 390-unit multifamily community at 6615 E. Pacific Coast Hwy. in Long Beach. The project is being developed by Carmel Partners. The six-story project will transform an aging office complex and surface lot into a mixed-income community with approximately 5,400 square feet of ground-floor retail...
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CBRE has been retained by Merchants Bank to market for sale the fee interest in 19 W. 55th St., a vacant, nine-story residential property with continuous retail frontage in Midtown Manhattan. CBRE’s Daniel Kaplan was appointed by the bank to spearhead the sale. “Opportunities to acquire the fee interest of an asset in this premier...
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LogosFaith Development, in partnership with San Diego’s Logan Temple AME Zion Church, commemorated the official groundbreaking on Logos Logan Legacy Place at the project site. The 43-home affordable housing community is located at 3186 and 3190 Franklin Ave. in San Diego’s Logan Heights neighborhood. The project marks the affordable housing developer’s expansion into the San Diego market....
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