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Work Underway on 1,656-Bed University of Georgia Student Housing Venture

Atlanta & Southeast + Student Housing

Core Spaces (Core) closed financing and broke ground on the Hub Athens Dougherty, a new 1,656-bed purpose-built student housing community located near University of Georgia set to deliver in 2028. Multifamily News reports Hub Athens Dougherty will include 536 units and 1,656 beds across a mid-rise development, offering a mix of floor plans from studios...

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Sky Equity Goes Vertical on Tribeca Condos

New York & Tri-State + Apartment Buildings

Sky Equity Group, the New York City-based real estate development firm founded by Simon Dushinsky, has launched vertical construction at 65 Franklin St., an upcoming luxury condominium in Manhattan’s Tribeca neighborhood. With foundation work complete, the 24-story tower is rising above the corner of Franklin Street and Broadway. The building broke ground in April and sales are slated to launch next year. “We’re...

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Marcus & Millichap Capital Corporation Arranges $16M for Green Bay MF Construction

Chicago & Midwest + Apartment Buildings

Marcus & Millichap Capital Corporation (MMCC) arranged $16.54 million in financing for the construction of Common Place Phase II, a 91-unit mixed-use multifamily property with a first-floor retail unit located within walking distance to Lambeau Stadium at 670 Mike McCarthy Way in Green Bay, Wisconsin. Robert Bhat, senior managing director in MMCC’s Miami office, secured...

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Sares Regis Trades South San Francisco Multifamily to Bell Partners

California & West + Apartment Buildings

Sares Regis Group of Northern California and Bell Partners LLC announced the sale of Celeste Apartments, a 195-unit multifamily community in South San Francisco. The LEED Silver certified property, located at 401 Cypress Ave. and adjacent to the Caltrain station, was acquired by Bell Partners on behalf of its Bell Growth & Income Fund investors...

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Marcus & Millichap Closes Sale of Mattapan Apartment Portfolio

Boston & New England + Apartment Buildings

Marcus & Millichap closed the sale of the Delhi Street Portfolio, a three-building multifamily portfolio in Boston, for $4,875,000. The firm’s Evan Griffith and Tony Pepdjonovic marketed the property on behalf of the seller, a local partnership. The portfolio is located at 157-159, 161-163 and 165-167 Delhi St. in Boston’s Mattapan neighborhood. It comprises 18 apartments, including three one-bedroom...

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Vancouver City Councillors Approve Holborn’s Major Downtown Mixed-Use Project

Canada + Apartment Buildings

Vancouver city council has approved Holborn Group’s major downtown mixed-use development application that calls for hundreds of multi-residential units and hotel rooms. Council voted 7-3 to approve the rezoning application for the multi-block project, which is linked to a separate 272-unit social housing development planned at 388 Abbott St. that the city will receive. The...

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Harrison Street Divests Oxnard Independent Living Property

California & West

Harrison Street Asset Management has sold Clearwater at Riverpark, a 136-unit Class A independent living community in Oxnard. Although JLL, which arranged the sale, did not disclose the sale price or specify the buyer, published reports said healthcare REIT Ventas paid $55.7 million. Built in 2018 within the master-planned Riverpark development and operated by Clearwater Living,...

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Marcus & Millichap Brokers Sale, Financing of Baltimore Office Complex

Washington DC + Apartment Buildings

Marcus & Millichap completed the sale and financing of 1520 S. Caton Ave., a two-building office complex in Baltimore, Maryland. The asset sold for $6.94 million. Marcus & Millichap Capital Corporation (MMCC) secured $6.84 million in financing. “The buyer, a regional aviation services company, intends to partner with a local nonprofit trade school to transform...

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