News

Alamo Manhattan Eyeing Uptown Dallas for 400-Unit Multifamily Venture

Texas + Apartment Buildings

Alamo Manhattan hopes to receive a final okay from the City of Dallas to build a high-rise with 400 apartments at Lemmon Avenue and Carlisle Street, a site currently taken up by a 5-story office building (photo). The Dallas Business Journal reports if all goes well, construction on the 1.5-acre site, located at 3400 Carlisle...

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S3 Arranges Loan for Landmark’s DFW Apartment Community

Texas + Apartment Buildings

S3 Capital originated a $46.5 million construction loan for the Phase I development of a future garden-style rental community being developed by Landmark Companies. The project, located at N Loop 288 & N Locust St in Denton, will consist of 306 units across 12 three-story buildings.  The community will include a dog park, clubhouse, business...

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Texas People & Companies, May 9, 2025

Texas

Portman has hired Katie Tolson as Vice President of Development. With more than 18 years of experience in multifamily and mixed-use real estate, Tolson will help lead multifamily development projects in Texas and work in collaboration with Portman’s expanding team in Austin. Tolson brings a strong track record in land development, entitlements, design and construction management,...

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As Deadline Looms, CA Apartment Owners Must Inspect Balconies to Avoid Fines

California & West + Apartment Buildings

By Patryk Kozan, PE With the end-of-2025 deadline looming, California’s E3 law requires balcony inspections for many multifamily properties, but a significant number of apartment owners have yet to take action. Industry experts warn that as the cutoff date draws near, demand for consultants and repairs will surge, likely driving up costs and extending turnaround...

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Chandler “Lakefront” Property Sells for $90.5M

Phoenix & Southwest + Apartment Buildings

TGM acquired a 296-unit apartment complex in Chandler for $90.5 million. The property is now named TGM Ocotillo Bay.  Built in 1997, Ocotillo Bay features a low-density site plan at 15 units per acre and distinct Spanish architecture. The community’s amenities feature two expansive pool areas with cabanas and barbecues. Select units and one of...

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Investor Lands Financing for Tampa Student Housing

Florida & Gulf Coast + Student Housing

Commercial Street Partners has obtained financing for a recently completed 576-bed housing venture near the University of Tampa campus. The $97.4 million refinancing is for the project at 311 N. Newport Ave, which is a half-mile from the campus. Commercial Edge reports that MF1/Limekiln Real Estate Investment Management provided the three-year, floating-rate loan. The property is...

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Leasing Launches for Maxwell Downtown Brooklyn Apartments

New York & Tri-State + Apartment Buildings

Triangle Equities and The Michaels Organization, alongside partners Geolo Capital and Helaba Bank, have launched residential leasing at the newly branded Maxwell Downtown Brooklyn, a 40-story, Class-A, mixed-use residential high-rise tower at 111 Willoughby St.  Concurrently with the launch of residential leasing, the development team has unveiled the property’s new website. Leasing efforts will be led by Corcoran New Development. “We are...

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Remedy Medical Properties Secures $700M in Ground-Up Projects

Chicago & Midwest + Apartment Buildings

In the past 24 months, Chicago-based Remedy Medical Properties has secured more than $700 million in ground-up starts. Remedy, together with partner Kayne Anderson Real Estate, is the country’s largest private owner of healthcare properties. “For the past decade, we have averaged over a billion dollars in acquisitions each year, and we’re thrilled to see...

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