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Fully Entitled Mixed-Use Project Launches
Due for completion in 2021, the property will include two 12-story buildings connected by a concrete corridor that will house 109 condominium units above a ground-floor lobby and 5,010 square feet of retail. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
LMC Denver Build Begins Lease-Up
Tenants will begin moving into Canvas, a 240-unit luxury mixed-use development in Downtown Denver, later this month. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Las Colinas Trials Northern Suburbs in Multifamily Supply
Stable economic drivers have helped Las Colinas multifamily properties to sustain high occupancy and support good rent growth and as a result of a humming submarket, The Brandt was attractive to a recent buyer. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
JBG Smith Plans to Add 1,000 Housing Units at National Landing
The REIT has submitted plans for the additional housing at the 36-acre RiverHouse residential community. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Multifamily Developers Pull Back on Deliveries in South Florida
According to Berkadia’s recently released Q2 2019 South Florida Multifamily Report, construction was completed on 8,522 units in the second quarter in South Florida, down from 12,562 additions posted in the second quarter of 2018. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Apartment Sales Pick Up in San Pedro
Berkadia has closed $250 million in apartment deals in the last 10 months in the San Pedro market, which is undergoing a revitalization. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Partnering With the City Is Critical to a New Development
Because cities can make or break a new development, the city should be considered a member of the core development team. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Montgomery Housing Partnership Buys DC Apartment for $37M
Worthington Woods was one of Washington DC’s most significant tax credit acquisition/rehab opportunities, says Greysteel’s Kyle Tangney. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Cortland Partners to Buy Canadian Multifamily REIT for $1.2B
Pure Multi-Family REIT’s portfolio is located in markets throughout the US Sunbelt. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service
Phoenix Value-Add Apartment Play Trades After One Year
Next Wave Investors has sold the Orange Tree Village Apartment Homes in Tucson, Arizona after completing a quick capital improvement strategy. Continue Reading at GlobeSt.com Click Here. Press Release Distribution Service