Bonaventure announced the groundbreaking of Attain at Greenbrier, a 268-unit multifamily community at 1553 River Birch Run in Chesapeake’s Greenbrier submarket. The $74.5 million project is expected to be completed in late 2027. The site, previously home to a commercial call center, was acquired and rezoned by Bonaventure in 2022 to enable residential density —...
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Midway through the year, U.S. multifamily is muddling along, a condition that’s likely to persist through the rest of 2026, Yardi Matrix said in its Summer 2026 Market Analysis. The report noted that uncertainty in the economy, the war in Iran, weak consumer sentiment, slow population growth and a large overhang of excess supply in...
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A student housing development, along with a generous amount of retail options, is in the works off the campus of the University of Texas at San Antonio. The San Antonio Business Journal reports Barshop & Oles Co. and Phoenix Property Co. have started construction on La Cantera Crossing, a 182-unit mixed-use development. The project is across the...
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The Office of the Superintendent of Financial Institutions (OSFI) has lowered the Domestic Stability Buffer (DSB) for Canada’s six largest banks to 3% from 3.5%, a move aimed at allowing the country’s biggest lenders to deploy more capital in support of economic growth and investment. Canada’s Big Banks are expected to free up more capital...
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Related Urban and Miami-Dade County broke ground on Gallery at SoMi Parc, a $167 million affordable housing development in South Miami. The project site was made available through a 99-year ground lease with Miami-Dade County. The 15-story project will deliver 350 affordable apartments serving residents earning between 20% and 80% of Area Median Income. In...
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Brook Farm Group and Manor Park Ventures are co-developing 675 Morgan, a 336-unit, Class A multifamily community in Savannah, GA. The property is located at 699 Highlands Boulevard within the Savannah Highlands — a master-planned community approximately 15 miles northwest of historic Downtown Savannah. When completed, the development will include 11 three-story buildings with one,...
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Once upon a time, multifamily property management relied almost entirely on people. Leasing agents fielded rental inquiries, property managers oversaw lease agreements, maintenance teams handled repairs, and staff juggled schedules. The purpose of these tasks was to keep residents happy while appealing to prospective renters. Calynne Oyolokor Today, technology, automation and artificial intelligence are taking...
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Just about everyone connected with politics, finance, think tanks and real estate developers and owners has had the conversation about housing authority. The solutions have ranged from zoning reform and streamlined permitting to adaptive reuse, rental assistance programs and community land trusts. A recent article in the Urban Land Magazine offered another solution: Travel trailers,...
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Central CA Commercial | California
Recckio Real Estate & Development
Northgate Real Estate Group
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