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McCarthy Completes Phase 2 of UC Riverside Student Housing

California & West + Student Housing

McCarthy Building Companies, Inc., the University of California, Riverside (UCR), Riverside Community College District (RCCD) and design partner Solomon Cordwell Buenz have completed the $285-million North District Phase 2 Student Housing development. The intersegmental housing project delivering 1,568 beds across 429 apartment-style units in 21 months.  Located on UCR’s main campus, the 424,000-square-foot development is reportedly...

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CRE Investment Demand Shows Strength Despite Market’s Challenges

Canada + Apartment Buildings

Canadian commercial real estate investment demand is generally strong, and getting stronger, as 2026 approaches. That’s the prevailing view of executives interviewed in Connect’s 2025 Canadian Summer Leadership series, which has now concluded. The leaders expect more capital to come off the sidelines in the near term as Canada demonstrates that it can manage U.S....

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Jonathan Rose, Schochet Acquire 430-Unit Worcester Affordable

Boston & New England + Apartment Buildings

Jonathan Rose Companies and Schochet Companies have acquired Plumley Village in Worcester, MA, from The Community Builders (TCB), a nonprofit housing developer and manager. Terms of the acquisition were not disclosed. This transaction marks the sixth acquisition for the Rose Affordable Housing Preservation Fund VI and expands the firm’s Massachusetts portfolio to more than 1,000 units under...

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BRIDGE Housing, Avanath Partner on Affordable Property Management

California & West + Apartment Buildings

BRIDGE Housing and Avanath Communities have launched Brighthaven Communities, a jointly owned property management company that will provide services to affordable and workforce multifamily housing communities nationally. With a portfolio totaling approximately 30,000 units across 15 states, the new company will immediately be among the top 10 property managers of affordable and workforce housing in...

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Edmonton Ranks First in Canadian Apartment Affordability

Canada + Apartment Buildings

Edmonton ranks first in apartment rent affordability among Canada’s major markets, says a new Avison Young report. Rental rates have risen steadily in the Alberta capital, but strong interprovincial migration and economic opportunities have kept the market balanced, allowing investors and tenants alike to benefit, said the global advisory firm in its latest report on...

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Flower Mound Developer Launching Mixed-Use Project

Texas + Apartment Buildings

Thompson Realty Capital has received approval from the town of Flower Mound to move ahead on a 200-unit apartment complex, an office building, restaurant and retail space. Community Impact reports that the apartment project, called Silveron Park, includes amenities such as a pool, courtyard, and a fenced-in dog park. The apartment construction can’t begin until...

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Dar Al Arkan, Trump Organization Partner on $1B Jeddah Project

Apartment Buildings

Saudi Arabian developer Dar Al Arkan is partnering with the Trump Organization on Manhattan, a one-million-square-meter (approximately 10.8 million square feet) master-planned community along the Red Sea in Jeddah. The $1-billion Trump Plaza Jeddah will be the second Trump-branded project from Dar Al Arkan, following the success of Trump Tower Jeddah in 2024. Positioned on...

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Modular Builder Completes First Phoenix Project

Phoenix & Southwest + Apartment Buildings

Modular housing developer Tudo Capital has completed its first project, Stacks on Polk, a 19-unit modular building in Phoenix constructed from 45 recycled shipping containers. It’s located just off Loop 202 at 53rd Street and Polk.  The units are available for rent starting at $1,250 a month. The modules were fabricated in Tudo Capital’s factory in Hermosillo,...

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