Goldenrod placed the highest structural beam on a Fort Worth mixed-use development called the Van Zandt. It is set to include 100,000 square feet of offices, 226 apartments and 13,000 square feet of retail space on the 2800 block of West Seventh Street. Goldenrod also plans One University on the 3000 block of Morton Street,...
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Lofts on Monaco opened to residents in June after Shea Properties spent about a year converting the four-story building into apartments. The Denver Business Journal reports Shea Properties bought the 120,000-square-foot office building in April 2025 for $12 million, and then spent another $32 million to gut the whole thing and create 143 apartment units. Lofts...
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Commercial loan document automation platform GoDocs said Tuesday it saw a 17.2% year-over-year increase in commercial loans for multifamily properties through its platform in the first half of 2026. Along with an increase in the number of loans, GoDocs also saw an 8.3% Y-O-Y increase in the size of multifamily loans, with the growth skewing...
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ORIX Corporation USA purchased The Kendrick, a 423-unit multifamily property, for $87.5 million. Built in 1998, the garden-style multifamily community is located in Atlanta’s Buckhead neighborhood, near major employment, retail and entertainment centers. The business plan includes capital improvements to modernize units and common areas. It was part of a three multifamily portfolio totaling 1,029...
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Eastwind Development began construction of The Aston at Longleaf, a 264-unit luxury apartment community on Preserve Drive in Melbourne, Florida. The beginning of construction immediately follows Eastwind’s closing on the acquisition of the 17-acre project site and a $45.5 million construction loan provided by TD. Situated in Florida’s Space Coast region, The Aston at Longleaf...
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Walker & Dunlop has arranged nearly $142 million in financing for the construction of two multifamily communities in Virginia. The financings will support the development of 612 market-rate apartments across Chesapeake and Chesterfield County. Walker & Dunlop FHA Finance arranged the transactions on behalf of Bonaventure. Chris Rumul, Jason Silva, Cole Parker, and Mike Valucci arranged the financing through the...
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New York City’s Department of Housing Preservation & Development (HPD) has filed plans for a 215-unit apartment building on a vacant city-owned lot in the Bronx’s Melrose neighborhood. The 176,000-square-foot building at 3116–3124 Third Ave. would rise 20 stories, the New York Business Journal reported, citing plans filed with the New York City Planning Commission....
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Ipso Facto has acquired 165 unsold condominiums at 1 Square Phillips in downtown Montreal for $65 million, converting them to rental housing. The bulk purchase works out to roughly $394,000 per suite, compared with an average municipal assessment of approximately $503,000 per unit. The condos were acquired from developer Brivia Group, which completed the first...
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