News
Prominent Developer to Sell Irregular Nashville Building Site
At one time, Tony Giarratana had plans to build a 45-story tower on an asymetrical lot in the SoBro district of Nashville. That’s changed. He now wants to sell the .39 acre parcel. In 2021, Giarratana unveiled plans to develop condo units in a curved tower on Korean Veterans Boulevard. The Nashville Business Journal reports it...
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Seabrook Acquires Apartments in Coastal New Hampshire
The Stubblebine Company/CORFAC International brokered the sale of Appleton Oaks, a 113-unit apartment complex located at 241 Drakeside Rd. in the coastal town of Hampton, NH, for $31,500,000. David Berman, James Stubblebine and David Stubblebine and Zack Hardy of The Stubblebine Company represented the undisclosed seller and directly procured the buyer, Boston-based Seabrook Real Estate...
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Bradford Allen, Moceri+Roszak Top Off 301-Unit Mixed-Use in Arlington Heights
Bradford Allen, along with development partner Moceri+Roszak, celebrated the topping-off of the initial phase of Arlington Gateway, a new master-planned community at the southeast corner of Arlington Heights and Algonquin roads in Arlington Heights, Illinois. Arlington Gateway’s first phase consists of an eight-story, 301-unit multifamily building with 26,000 square feet of ground-floor retail space. Designed...
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CAPREIT Acquires Two Apartment Communities in Maryland
North Bethesda, Maryland-based CAPREIT, a fully integrated real estate operating company, has acquired two apartment communities in Charles County featuring a combined 360 homes. The workforce-housing communities, Palmer Apartments and Smallwood Gardens, are adjacent to one another, just south of St. Charles Parkway in south Waldorf. CAPREIT has dedicated $5 million toward upgrades, which will...
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JLL Arranges $19M Refinancing for Bothell Apartment Complex
JLL has arranged $19 million in financing for The 104, a 115-unit urban-style apartment community in Bothell, Washington. JLL worked on behalf of the borrower, MainStreet Property Group LLC, to secure the five-year, fixed-rate loan through Fannie Mae. The loan will be serviced by JLL Real Estate Capital, LLC. The JLL Capital Markets Debt Advisory...
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Developer Transforming Old Braniff Building into Supportive Housing
Sycamore Strategies will receive a $7 million ARPA grant (American Rescue Plan Act) from the City of Dallas to redevelop a former Braniff Airlines building into supportive housing. The Dallas Business Journal reports the project is expected to cost around $32 million. It would add 48 units for households earning 60% of the area median...
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Third & Urban Given Okay for Significant Brookhaven Project
Third & Urban has received approval from the Brookhaven City Council to begin a major redevelopment project. The development company will convert a dated office park (photo) into a mixed-use project that will include 1,500 apartments, 250 townhomes, 176 senior living units, 100,000 square feet of medical office space, 30,000 square feet of retail and...
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Atlanta Okays Bond for $76M Affordable Housing Deal
The Develop Fulton Board of Directors approved a bond resolution to advance a mixed-use development targeted at affordable housing in southwest Atlanta. Located on Woodrow Street SW in Atlanta, the $76.76 million project developed by Woodfield Acquisitions will bring 326 new mixed-income residential units and commercial space to the area. 20% of the units will be affordable, and...
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout