BJ Santavy, vice-president of Guelph, Ont.-based Skyline Living, is among the first winners of the Apartment Buildings.com 100 Awards. She was honoured in the Innovators of the Year category. Read about how she stands out among her peers in the Canadian multi-family sector. By Amy Wolff Sorter BJ Santavy is Skyline Living’s vice-president. She is...
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Connect Apartments 2025 brought together the industry’s leading lights to provide insights on everything from renter demand to the economics of multifamily ownership and management, along with investment opportunities and the question of whether buying, building, selling or holding is the most prudent strategy. In the highlights video below, you’ll hear insights from Hessam Nadji,...
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Subtext has opened VERVE Ann Arbor, a new 12-story, 741-bed student housing development near the University of Michigan. Located at 721 South Forest Street, the 328,264-square-foot project includes 217 units ranging from studios to six-bedroom layouts. Marking a first-of-its-kind integration for Subtext, VERVE Ann Arbor features a ground-level, full-service lobby coffee shop operated by Misfit...
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City and state officials joined the Asian Community Development Corporation (ACDC) for the groundbreaking of the Parcel R-1 redevelopment at 55 Hudson Street in Boston’s Chinatown. The project will bring 110 affordable homes and a new permanent Chinatown branch of the Boston Public Library to the neighborhood on what was formerly a city-owned parking lot....
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A joint venture between CEDARst Companies and Kayne Anderson Real Estate has secured a $91.05 million loan from Invesco Real Estate to finance the acquisition and future tenant improvements at Millie on Michigan. Millie on Michigan is a newly built 47-story residential tower located at 300 N Michigan Avenue in Chicago’s Loop. The financing follows...
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Welltower acquired Cogir at Continental Ranch, an assisted living and memory care community located at 8689 N Silverbell Road in Marana, Arizona. The $22.2 million acquisition came out to $205,991 a unit. The seller, Kayne Anderson Real Estate, developed the project in partnership with Watermark Senior Living and held the property until this transaction. Built in 2018,...
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Green infrastructure and building projects will boom as Canada strives to meet its Net-Zero 2050 emission-reduction targets, according to a new BC Green Jobs report. The projects could create 350,000 new construction positions, the group says in its Jobs for Today: Canada’s Building Trades and the Net-Zero Transition report, which highlights the role of construction...
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Siguler Guff & Company announced the origination of a $27.5 million mezzanine loan as part of a broader $86 million refinancing package for Us Bayou Park, a 404-unit luxury multifamily community in Houston’s Montrose neighborhood. Benefit Street Partners originated the senior loan. The recapitalization includes a holdback facility to fund additional renovations across residential units. Vero Capital bought the property in 2021,...
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