Radnor Property Group, in partnership with Madrone Community Development Foundation, joined Morehouse College and Spelman College in breaking ground on The Den at Eight50 West: a $147 million student housing development in the West End neighborhood of Atlanta. The project is at 850 West End Avenue in Atlanta, steps from Morehouse and Spelman Colleges.
The Den at Eight50 West will deliver 793 beds across 305 apartment-style units. Amenities will include a 24/7 staffed lobby, outdoor recreation space, a fitness room, community lounges, bike storage, a dog run, and study rooms, with a careful blend of community-oriented and independent living styles.
The development team includes Radnor Property Group as the lead development partner, Clark Construction and CD Moody Construction in a joint venture as the construction manager, and Moody Nolan as the architect. Construction on The Den at Eight50 West commenced in July 2026. It is expected to be ready for occupancy by Fall 2028.
Agador Spartacus closed on a $58.5 million construction loan for two build-to-rent communities in Deltona, Florida. Anchor Loans provided the loan. The financings include approximately $30.2 million for Magnolia Cottages at Deltona, a 153-home community, and $28.3 million for Magnolia Villas at Deltona, a 126-home community. Located on adjacent parcels, the projects will add a...
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Newmark Group arranged a $369 million Fannie Mae credit facility on behalf of April Housing, supporting the long-term preservation of an 11-property affordable housing portfolio located throughout Florida. The financing consisted of a $221.4 million fixed-rate draw and a $147.6 million floating-rate draw, structured as an interest-only facility through Fannie Mae. A buydown on the...
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UDR, Inc. and Apollo said Wednesday they would form a new, long-term joint venture involving a diversified portfolio of apartment communities. Apollo will invest approximately $1.34 billion of equity capital for a two-thirds interest in the JV, which owns a 19-property portfolio totaling 7,059 units and valued at approximately $2.0 billion. Under the terms of...
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Recckio Real Estate & Development
Northgate Real Estate Group
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