Community leaders, investors, representatives from Goldman Sachs, and Kōz partners, team members, recently celebrated the grand opening of Kōz Uptown, a new, 169-unit Seattle apartment community located in the Lower Queen Anne, Uptown neighborhood.
The official opening of the development will provide affordable housing for the local workforce. Kōz Uptown was developed by Kōz Development, with investment from MSquared, a New York-based, women-led equity firm, and local investors, as well as a loan from The Urban Investment Group at Goldman Sachs Alternatives. The construction of the building was led by Kirtley Cole. Cushman & Wakefield’s team, led by Chris Moyer, served as Kōz advisors.
“This investment falls right in line with our philosophy to build high-quality housing that offers access to transit, jobs, and essential resources,” Alicia Glen, Founder & Managing Principal of MSquared. “We’re proud to have built on our partnership with Kōz and to continue delivering affordable workforce housing to the Seattle metro area.”
Northwood Ravin demolished a dated Charlotte public library in order to make way for a 300-unit apartment development. The Charlotte Business Journal reports the plan is to include 21,400 square feet of retail as well. The 4.5-acre south-end property is at 101 Scaleybark Road. The retail component is part of a larger mixed-use development that...
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Terra and Fortune International Group secured a $220 million predevelopment loan from Blackstone Real Estate Debt Strategies for their planned ultra-luxury condominium development on the former Silver Sands Beach Resort property at 301 Ocean Drive in Miami’s Key Biscayne. Walker & Dunlop Capital Markets Institutional Advisory, led by Keith Kurland, Aaron Appel, Jonathan Schwartz, Adam Schwartz, Dustin Stolly, Sean...
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BLDG Management Co., Inc announced that The Orchard, Queens’ tallest tower, has surpassed 90% leased across its 824 units nine months after launching residential leasing. The milestone occurs as the 70-story Long Island City development recently signed its first three retail tenants: K-beauty brand Tokimo, Japanese tea and beverage brand Mollytea and financial technology platform...
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