News

Denton Community Will Include 1,515 Apartments, 1.2M SF of Commercial Space

Texas + Apartment Buildings

Old Prosper Partners closed on the 2,870-acre Craver Ranch, north of Denton. And the buyers have ambitious plans. The Dallas Business Journal reports that city officials previously estimated the development will be a $5.1 billion project over 17 years. The developer plans 7,091 homes, 584 townhomes, 1,515 apartments, 1.2 million square feet of commercial space,...

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Zom Buys Doral Offices, 380 Apartments Planned

Florida & Gulf Coast + Apartment Buildings

ZOM Living acquired an office building in Doral for $26.25 million. Apartments are on the way. The South Florida Business Journal reports that Ascent’s sold the 6.57-acre office site at 8300 N.W. 33rd Street to ZOM Living. PNC Bank provided a $92.3 million construction loan to Zom. It last traded for $19.96 million in 2021. The property...

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Beach Co. Lands $90M Financing for Hillsborough Rental Community

Atlanta & Southeast + Apartment Buildings

The Beach Co. will begin work on its 346-unit project, Persimmon at Cates Creek, in Hillsborough between interstates 40 and 85. Site work was completed in 2025. The Triad Business Journal reports that Larson Capital Management provided $35 million in equity, while a $54 million construction loan was provided by First Horizon Bank. The Beach Co....

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IPA Capital Markets Arranges $52M Refi on Glendale Luxury Multifamily

California & West + Apartment Buildings

IPA Capital Markets, a division of Marcus & Millichap specializing in capital markets services for major private and institutional clients, arranged the $52-million financing of Arista Glendale, a 98-unit luxury multifamily property located at 520 N. Central Ave. in Glendale. Stefen Chraghchian, IPA Capital Markets senior director located in Marcus & Millichap’s Encino office, secured the financing...

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RXR Breaks Ground on Next Phase of Glen Cove Residential Development

New York & Tri-State + Apartment Buildings

A partnership of master developer RXR and Chuo Nittochi America Corporation Team held a groundbreaking ceremony for its newest residential development within Garvies Point, The Arden. Representing the next phase in a multi-phased transformation of Glen Cove’s waterfront on Long Island, The Arden will rise five stories and feature 101 residences ranging from studios to three-bedrooms. ...

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Kiser Group Brokers South Minneapolis Multifamily Sale

Chicago & Midwest + Apartment Buildings

Kiser Group’s Robert Dulin and Cody Smith brokered the sale of a fully renovated multifamily property in the Kingfield neighborhood of South Minneapolis for $4.55 million, equating to $156,897 per unit. The property was 100% occupied at closing. The asset features a distinctive unit mix with spacious three-bedroom apartments, a key driver of buyer interest....

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Enterprise Community Development Secures Virginia Affordable Housing Awards

Washington DC + Apartment Buildings

Enterprise Community Development announced significant affordable housing financing awards supporting the creation and preservation of quality homes for families and individuals across Virginia. As part of the record-breaking investment from the Virginia Department of Housing and Community Development through the Affordable and Special Needs Housing (ASNH) Program, Enterprise Community Development secured more than $7.4 million...

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Idaho Resort Development Launches Townhome Sales

Seattle & Northwest + Apartment Buildings

Tamarack Resort has announced the launch of sales for Aspen Townhomes, a new gated community of 60 mountain-modern residences located 90 miles north of Boise, Idaho. Construction is underway, with delivery anticipated in Summer 2026. Tamarack is now selling Phase 1, the first release of residences, comprising 16 two- to four-bedroom townhomes ranging from 1,975...

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