Surging demand for build-to-rent projects has pushed Texas to the top of the nation for home rental construction in the pipeline, with Dallas-Fort Worth at No. 2 among all large metros based on the same metric. Courtesy NexMetro Communities NexMetro…
Bright Realty is making progress on a $1.3 billion mixed-use project in Lewisville’s Castle Hills and is gearing up to deliver the development’s shopping component. The Dallas Business Journal reports retail for Crown Centre, a 140-acre Lewisville development, is expected…
Delinquency rates for mortgages backed by commercial properties increased during the fourth quarter of 2024, according to the Mortgage Bankers Association’s (MBA) latest commercial real estate finance Loan Performance Survey. The share of loans that were delinquent increased for some…
CBRE has arranged a $58 million senior loan and $9 million preferred equity investment to refinance The Blakely, a 420-unit multifamily community in Pendergrass, Georgia, 30 minutes northeast of Atlanta. Blake Cohen and Charlie Clark with CBRE Capital Markets’ Debt & Structured Finance…
Two months after launching a $1B venture targeting office-to-residential conversions, TF Cornerstone and Dune Real Estate Partners have already identified three buildings to turn into apartments. The fund, Alta Residential, is pushing to foreclose on a historic property in Philadelphia after buying a piece of the building’s…
QuadReal Property Group has provided a construction loan to Core Spaces to finance the development of a student housing development at the University of Michigan in Ann Arbor. Hub Packard will provide 15 stories of purpose-built student accommodation totaling over…
Stillwater Capital Investments expects to complete infrastructure work on Haggard Farms in Plano by late February, and development of the first phase of commercial amenities will begin in early summer. The first phase of the $750 million project will include…
Branch Properties received unanimous rezoning approval from the City of Gainesville for Lakeshore, the 49-acre mixed-use redevelopment of Lakeshore Mall. Branch Properties will break ground on Lakeshore in late 2026, and completion is anticipated in 2028. Positioned between Lake Lanier…
Walker & Dunlop has arranged $25.9M in permanent financing for Rivertown Ridge, a senior housing community located in the Grand Rapids, Michigan, metro area. Walker & Dunlop Managing Directors Mary Stuart Hurst and Russell Dey partnered with Inner Circle Holdings…
PGIM Real Estate provided a $82 million floating rate loan on behalf of MetLife Investment Management and StreetLights Residential to refinance Mira at Midtown Union, a multifamily property located at 1301 Spring St NW in Atlanta. The 26-story high-rise property…
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