News

SA Ballpark Plans Move Forward

Texas + Apartment Buildings

An agency formed to forward efforts to build a new downtown San Antonio baseball stadium met for the first time. The group, known as the San Pedro Creek Development Authority, can sell bonds to fund the stadium and its adjacent development. The current AAA San Antonio Missions owners are looking to build a four-phase project....

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ASU Student Housing Developer Closes on $81.2M Financing

Fields Holdings obtained a construction loan in the amount of $81.2 million loan to finance the ground-up development of The Samuel, a 14-story, student housing property. The mixed-use development with 224 units and 8,200 square feet of commercial space will be adjacent to Arizona State University’s campus in Tempe. Affinius Capital originated the loan.  Scheduled...

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Toll Brothers, Kennedy Wilson Close on $132M Georgia Tech Student Housing Deal

Atlanta & Southeast + Student Housing

Toll Brothers has spun off a 752-bed off-campus student housing venture for about $132 million. Kennedy Wilson was the buyer. The Atlanta Business Chronicle reported the project is located at 1025 Spring Street, just east of Georgia Tech’s campus. Construction on the project, called Kinetic, wrapped up last year, with resident move-ins beginning at the start...

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Hines, Peakline Ink $181.5M Financing for Nashville Apartment/Office Venture

Atlanta & Southeast + Apartment Buildings

CBRE has arranged a total of $181.5 million in refinancing for a mixed-use development in Nashville’s Wedgewood-Houston area, on behalf of Hines and Peakline Partners. The financing was split into two loans: one for the residential component, Residences at The Finery, and another for the adjacent T3 Wedgewood Houston office building. Oxford Properties Group provided...

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PMG Secures $92.5M Construction Loan for Miami Condos

Florida & Gulf Coast + Apartment Buildings

PMG, Lion Development Group, and LNDMRK Development have secured $92.5 million in construction financing for One West Twelve Residences (ONE W12), a 372-unit residential building in Historic Overtown that will rise 23 stories. Maxim Capital Group provided funding. John Moriarty & Associates serves as the general contractor, with completion expected in 2028. The project is designed...

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B.C. Government to Offer $150M in Loan Guarantees to Landowners Affected by Cowichan Ruling

Canada + Apartment Buildings

The B.C. government plans to offer about $150 million in loan guarantees to property owners and businesses affected by the controversial Cowichan Tribes court decision, Premier David Eby has told media outlets. The decision established Aboriginal title alongside private land ownership in Cowichan Ancestral territory that includes Richmond, B.C. Eby said in an interview with...

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CBRE Striving to Make Vibrant Communities a Reality

Canada + Apartment Buildings

CBRE is striving to ensure that the live-work-play development credo is more than just a trendy term. In its newly released Fall 2025 edition of Advantage Magazine, CBRE explains how it is advising organizations on how large-scale mixed-use developments or master-planned communities can prosper over the long term. A standout feature takes a deep dive...

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Pinnacle Changes Course on Former Toronto Star HQ Demolition

Canada + Apartment Buildings

Pinnacle International Realty Group has pivoted away from its plan to demolish the former Toronto Star building, Urban Toronto reported. The developer is now looking to construct a hotel in the newspaper’s former headquarters, according to the report, which cited a revised development plan submitted to the city. Pinnacle plans to operate the hotel for...

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