News
Fiera Completes $100M Debenture Refinancing with Fonds
Fiera Capital has completed a $100-million debenture refinancing with Fonds de solidarité FTQ. The company issued a new senior subordinated unsecured debenture in the principal amount of $100 million, replacing an existing 6% debenture of the same value that had been set to mature on June 30, 2027. The new debenture was issued at par...
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Albion Residential Completes Construction on Luxury Apartments in Pittsburgh
Albion Residential has completed construction and fully opened Albion Lawrenceville, a community featuring studio, one- and two-bedroom apartments in Pittsburgh’s Upper Lawrenceville neighborhood. The property, which delivers 267 units and 5,700 square feet of retail within a six-story frame building that includes the restoration of a former firehouse. Albion Lawrenceville was designed by Harthorne and...
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Work Nearly Underway on 329 Centennial Modular Apartments
Consolidated Investment Group (CIG) plans to get started soon on a 329-unit modular apartment complex in Centennial. The project at 9201 E. Dry Creek Road in Centennial sits where Arrow Electronics had its plant before it closed and was demolished. The Denver Business Journal reports CIG’s six-building development will utilize modular construction. The 329 apartment...
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NRP Developing 297-Unit Denton Apartment Project
The NRP Group started work on Arbor Ranch, a 297-unit affordable housing project in the North Texas city of Denton. Truist Bank provided a $68 million construction loan for the project. Younger Partners brokered the sale of the land. The site at 2820 Roselawn Drive spans 22 acres, and the development will consist of nine...
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Oppidan Debuts Two Raleigh Affordable Housing Communities
Oppidan Investment Company recently opened two new affordable housing communities in Raleigh, N.C.: The Pines at Peach and Birch & Branch. These communities are each designed to serve residents across a range of income levels. Located at 3470 Overstory Circle, Birch & Branch is a $49 million development featuring 180 one-, two- and three-bedroom apartments...
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Construction Set for Downsized Dallas Tower
Developers of Clover Tower first proposed a 30-story apartment complex in the Turtle Creek area, but have since pared it back by half. The Dallas Business Journal reports Validus Development is expected to begin construction this fall on a 15-story project containing 54 units. The building cost is set at about $40 million. Clover Tower...
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Newquest Buys Katy Land for Apartments, Retail
NewQuest has purchased 18.5 acres from a local investor to develop a retail and residential project on the north side of Katy in Harris County. At the southwest corner of Morton and Porter roads, the developer has earmarked nearly seven acres for multi-tenant retail space and pad sites and 11.8 acres for 334 class A...
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Giarratana’s Nashville Apartment Tower Listed For Sale
Developer Tony Giarratana is listing his Alcove tower, a 34-story apartment tower.at 900 Church St., on Church Street. A Newmark team led by Vince Lefler and Tarek El Gammal is marketing the property. Alcove, which opened in May 2023, offers 356 apartment units, including studios, one- and two-bedroom units. Tower amenities include a private dining room...
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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