Ethos Development and its partner Vance Development have broken ground on Ellison Ridge, a 222-unit multifamily housing development in Vancouver, Washington.
The 200,000-square-foot, two- and three-story, multi-building project features a pool, fitness center, community kitchen and living room, children’s play area, and a pickleball court. Twenty percent of the units will be available to residents earning no more than 80% of the area median income. Leeb Architecture of Portland designed the project, Team Construction of Vancouver is the general contractor, and Ethos Commercial Advisors of Portland provided debt advisory services.
“Vancouver is growing fast, and with that growth comes a real need for more housing choices at a range of price points,” says Paul Del Vecchio, Founding Principal of Ethos Development. “With strong job growth anchored by regional healthcare, tech and advanced manufacturing, and new retail investment along the east Vancouver and Camas corridors, we see this as the right project in the right place at the right time.”
BLDG Management Co., Inc announced that The Orchard, Queens’ tallest tower, has surpassed 90% leased across its 824 residences 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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Leyden Senior Apartments, a new four-story independent senior living development in Franklin Park, recently opened. Located at 2506 N. Mannheim Road, Leyden Senior Apartments offers one- and two-bedroom residences. The adjacent newly constructed Carl Fiorito Senior Center will be available to the entire community. Owned by Leyden Apartments LP, Leyden Senior Apartments was designed by...
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Northmarq’s Investment Sales team, led by Bobby Schiavone, Jordan Arand and Adam Klenk, led the sale of The Bend Apartments, a 312-unit garden apartment community located at 1909 Greentree Blvd. in Clarksville, Indiana. Northmarq represented the seller, a regional multifamily developer. The buyer was a private investor. “The Bend generated significant investor demand, further proving...
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