Crescent Communities and Heitman have formed a second joint venture to invest in Crescent Communities’ single-family build-to-rent platform across key strategic growth markets. The second venture will begin with an initial commitment of $240 million and can expand up to $340 million. It will fund approximately six communities across Sunbelt and emerging growth states. As with...
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LV Collective opened up its new mixed-use property, Paseo. Located at 80 Rainey St., the 48-story tower offers 498 residences for lease, featuring studio, one-, two-, and three-bedroom apartments, as well as four exclusive penthouses. The building features resident amenities that spread across multiple levels, as well as several food and beverage concepts. ROOST Rainey, a...
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Today’s renters increasingly demand robust internet access, seamless connectivity, and cutting-edge tech integrations; and owners, investors, and managers are eyeing new and tailored solutions to create NOI, reduce CAPEX, and improve tenant experience and retention. In advance of Thursday’s Connect Southeast Multifamily conference in Miami where leading multifamily names will dive into these and more...
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The Colony and its adjacent community, Frisco tied for the most expensive city in Texas with one-bedrooms both priced at $1,620, according The Zumper Dallas Metro Report. Zumper analyzed active listings last month across metro cities to show the most and least expensive cities and cities with the fastest growing rents. The Texas one bedroom...
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The Related Group is seeking plan approval from the City of Fort Lauderdale for a 422-unit apartment complex adjacent to a 309,000-square-foot office building in the Cypress Creek area. The project is slated for 8.7 acres at 6700 N. Andrews Drive. The office building, built in 1987, will stay. The S. Florida Business Journal reports...
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EJF Capital closed on an $80 million loan from Prime Finance for The Samara, a 377-unit, 5-story multifamily property located in Nashville’s Metrocenter neighborhood. The project is in a Qualified Opportunity Zone (QOZ). The development features studio, 1-bedroom, and 2-bedroom units, along with a pool, co-working lounge, and a rooftop deck offering city views. QOZs...
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Prével and TGTA Real Estate have officially launched the residential phase of a complete-neighbourhood project in Greater Montreal. Construction has commenced on a nine-storey rental building with 252 units in the Village Lacey Green community located in Kirkland, Que., a suburb on the Island of Montreal. The partners said the building is the first structure...
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Industry groups are lauding the Ontario government’s decision to appoint an administrator to watch over the embattled Real Estate Council of Ontario. Jean Lépine was started work Monday as the administrator after the province heeded calls to rein in RECO following the shutdown of iPro Realty for mishandling millions of dollars worth of client and...
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Central CA Commercial | California
Recckio Real Estate & Development
Northgate Real Estate Group
California
California