Eastwind Development began construction of The Aston at Longleaf, a 264-unit luxury apartment community on Preserve Drive in Melbourne, Florida. The beginning of construction immediately follows Eastwind’s closing on the acquisition of the 17-acre project site and a $45.5 million construction loan provided by TD.
Situated in Florida’s Space Coast region, The Aston at Longleaf is targeting delivery of the first units in late 2027, with full project completion expected by mid-2028.
The development team includes FaverGray as general contractor, FK Architecture as project architect, and Kimley-Horn as project engineer.
Residents will enjoy access to amenities that include an expansive 10,000-square-foot clubhouse featuring a vibrant community lounge and game room with multiple social areas; a fitness center with an adjoining spin room; a spacious coworking lounge; and a multi-sport gaming simulator room. Outdoors, a resort-style swimming pool with private cabanas, an outdoor kitchen, a fire pit, a yoga lawn and a games lawn.
Independence in West Sacramento, a new gated community of 208 townhome-style rental homes developed by Lewis Apartments, opened its leasing office and model homes to the public on Saturday, Oct. 24. Located in West Sacramento’s Southport/Bridgeway Island area, Independence introduces rental homes designed for residents who want the space and privacy of a single-family home...
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CBRE announced the sale of a 4.66-acre parcel at the northwest corner of County Highway MM and U.S. Highway 14 in Fitchburg, Wisconsin. Louisville, Kentucky-based Trilogy Real Estate Fitchburg LLC purchased the property from Fairchild Development LLC for $2.23 million, marking the company’s third location in the Madison market and expanding its footprint beyond its...
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Northmarq has arranged $95.8 million in refinancing for a six-property, 1,461-unit multifamily portfolio owned and operated by E&S Ring across Los Angeles and San Bernardino Counties. The financing was arranged through Voya Investment Management by Northmarq’s San Francisco Debt + Equity team, led by managing director Nathan Prouty, SVP Andrew Slaton Aand senior investment anaylst...
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Central CA Commercial | California
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