Sierra on 66, a 221‑unit community, has opened in Flagstaff. The development is available to households earning up to 60% of the area median income. It includes one-, two‑ and three‑bedroom units and was designed to blend with nearby market‑rate communities. Roers Companies is the developer. Ironmark Building was the contractor.
AZ Big Media reports renters will see a new wrinkle when they pay rent: a fixed rent structure. All utilities are included in the rent. That includes electricity, water, sewer, and garbage collection. The project was funded through Low‑Income Housing Tax Credits (LIHTC).
Residents have access to a fitness center, tot lot, dog run, bocce ball court, club room, and outdoor patios with fire pits and grilling stations.
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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