News
Rockpoint, LCOR, Potomac Investment Properties Plan Georgetown Office-to-Residential Redevelopment
Rockpoint, LCOR, and Potomac Investment Properties (PIP) announced the formation of a joint venture to acquire an office property in the Georgetown neighborhood of Washington, D.C. and transform it into a multifamily community. The two-building property, located at 1000 and 1050 Thomas Jefferson Street NW, will become a highly amenitized 299-unit residential community with approximately...
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Palladium Delivers $65M Fort Worth Affordable Housing Venture
Palladium City Skyline, a new $65 million affordable housing complex, recently opened in East Fort Worth. A children’s learning lab is among the amenities at the new 243-unit luxury multifamily development at 4909 E. Lancaster Ave. The complex is about 37% occupied as leasing continues. Palladium City Skyline features one-, two- and three-bedroom floor plans. Besides...
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Chandler $58M Affordable Housing Project Replaces Dated Development
The City of Chandler and Gorman & Company have delivered the Villas on McQueen, marking the completion of Chandler’s first public housing project converted through HUD’s Rental Assistance Demonstration (RAD) program. The 157-unit affordable housing development replaces two public housing communities originally built in 1972 that served Chandler families for more than 50 years. The...
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342 Apartment Units Planned Near Big Rivers Waterpark
The Crossing at Big Rivers, a 342-unit multifamily housing community, is being planned near Big Rivers Waterpark & Adventures in New Caney (shown). The $60 million development at 24101 Big Rivers Road will comprise 15 buildings spanning more than 125,700 total square feet, including 11 three-story residential buildings, a clubhouse, a maintenance facility and a cabana. Community...
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Albuquerque Developers Building 272 Affordable Housing Units
An Albuquerque development team is spending $51 million on a two-phase multifamily housing project. The 128-unit project will be located at 724 64th St. NW. in the Atrisco neighborhood. The project is called “West Mesa Ridge A” and is the first phase of a two-phase development. Phase 2 of construction, with the remaining 144 units,...
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Fifield Pursuing Coral Gables Site for 9-Story Apartment Tower
Fifield Cos. is asking the Coral Gables planning board for permission to convert a school property into an apartment project called Chrystal Residences. The company is looking at a 1.47-acre site at 110 Phoenetia Ave, which is home to a 9,280-square-foot special needs facility. The South Florida Business Journal reports Fifield paid $16 million for...
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$220M Construction Loan Goes to Mixed-Use Tower in Jersey City
Integritas Capital and Kriss Capital have provided $220 million in construction financing for Imperial Tower, a 56-story, 827,867-square-foot mixed-use development located at 2966 John F. Kennedy Blvd. in Jersey City’s Journal Square neighborhood. The financing supports one of the largest ground-up developments currently being advanced in the submarket. “Imperial Tower represents a thoughtfully planned mixed-use development in a...
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Streetlights Moving Ahead on 261 Luxury Apartments Near Legacy West
StreetLights Residential is developing a 22-story luxury multifamily high-rise with three adjacent townhomes at 6501 Legacy Drive in Plano, Texas. It’s located within the 100-acre former JCPenney headquarters campus, across the street from Legacy West. The development will deliver 261 high-rise residences within the tower, including one-, two-, and three-bedroom homes. Residences will range from...
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout