Mill Creek Residential said Thursday that construction is underway at Modera San Rafael, a 210-unit community located at 930 Irwin St. on the east end of the city’s downtown corridor. The community broke ground in October, and first move-ins are anticipated for 2028.
“Downtown San Rafael is one of the most walker-friendly and bike-friendly locales in the region, and we look forward to joining the neighborhood,” said Mike Kim, senior managing director of development in Northern California for Mill Creek Residential. “Residents will have virtually everything they need at their fingertips and can easily live a vehicle-free lifestyle. We’re eager to get started on Modera San Rafael and to provide a sophisticated, top-of-market option for discerning renters.”
Modera San Rafael will offer studio, one-, two- and three-bedroom homes with various layouts and private patios or balconies. It will be located just east of U.S. 101 and within a short walk of a SMART Train light rail.
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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