News

Construction Underway on $340M Huntersville Mixed-Use Project

Atlanta & Southeast + Apartment Buildings

Treenail Development recently broke ground on Town1, a $340 million development in Huntersville. The Charlotte Business Journal reports Town 1 will include over 700 residential units, 75,000 square feet of retail, restaurant, and neighborhood services space. Geisler will also develop a five-story, 120,000-square-foot office building at Town1. The 54-acre mixed-use project is expected to be completed...

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Scarce Biscayne Shores Lot Sells, 336 Apartments On Way

Florida & Gulf Coast + Apartment Buildings

A joint venture purchased one of the last remaining vacant lots on Biscayne Boulevard and is developing a luxury apartment community. The property was purchased for $15 million by a joint venture between Kolter Multifamily and Altman. Colliers Julian Zuniga and Gerard Yetming represented the seller, Blanca Investments, in the transaction. Construction is underway on...

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NRP Debuts Two Sarasota Rental Communities

Florida & Gulf Coast + Apartment Buildings

The NRP Group announced the grand openings of Adria and Maren, two distinct residential communities comprising a total of 665 units in Venice, Florida. PointOne Holdings is the equity partner for Adria and Maren. Located at 604 and 526 Vistera Blvd, respectively, Adria and Maren residents have direct access to Gulf Coast beaches and historic...

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Fairstead Spending $83K/Unit on Covington Apartment Revamp

Atlanta & Southeast + Apartment Buildings

Fairstead announced the $12.4 million revitalization of Broadmeadow Place Apartments, a 19-building, 148-unit multi-generational affordable housing community in Covington, Tennessee that Fairstead acquired in 2022. The budget amounts to $83,700 a unit. The improvements will include both interior and exterior upgrades, as well as amenities. Designed to serve residents of all ages, including seniors and...

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Starlight Completes New Purpose-Built Rental Project in North Van

Canada + Apartment Buildings

Starlight Investments has completed The Lively, a new purpose-built rental community in North Vancouver, B.C. The project adds 40 rental homes to the Lower Lonsdale neighbourhood, offering a mix of studios, apartments and three-bedroom townhomes. Starlight said the development reflects its broader strategy to expand rental supply through a national pipeline set to deliver thousands...

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Chartwell Acquires the Edward Seniors Residence in Calgary

Canada + Senior Housing

Chartwell Retirement Residences is expanding its footprint in Calgary with the planned purchase of The Edward, a contemporary boutique seniors residence in the city’s Marda Loop area. The company said it agreed to pay $53 million, or $589,000 per suite, for the property. “The acquisition of The Edward is a strategic expansion for Chartwell in...

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Connect Canada CRE Hands Out 2025 Canadian Women in Real Estate Awards

Canada + Apartment Buildings

Connect has handed out its third-annual Canadian Women in Real Estate (CWIRE) Awards. The awards highlight women whose achievements and inspirational stories established them as key influencers in Canada’s highly competitive CRE sector. The recipients reached respected positions of leadership and play key mentorship roles for others seeking to advance the industry. After careful consideration...

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Related California Co-Founder Bill Witte Stepping Down as CEO

California & West + Apartment Buildings

Related California, the West Coast affiliate of Related Companies, announced that co-founder, CEO and chairman Bill Witte will step down from day-to-day leadership, effective Jan. 1, 2026. Gino Canori will become president and CEO of Related California’s market-rate division, and Ann Silverberg will become president and CEO of its affordable division. Witte will assume the role of chairman emeritus. Witte co-founded Related California with...

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