Florida Atlantic University in Boca Raton is borrowing $117.75 million for a 204,000-square-foot building to house students. The seven-story project is being designed by HKS Architects. A contractor has not been chosen. The project will be financed with 30-year, fixed-rate,…
DZL Management has obtained a $135 million loan refinancing of Cummins Station, a mixed-use asset totaling 408,000 square feet. Originally built in 1906, the historic property has undergone renovations since to transform it into its current state as a mixed-use…
Arick Morton Senior housing could be considered an “under-the-radar” commercial real estate sector, especially compared to the more active industrial, retail and multifamily sectors. However, NIC Map Vision’s Senior Housing Outlook report showed that development is behind, which could mean…
Construction crews began tearing down North DeKalb Mall as retail developer Edens prepares to transform the 73-acre property into a walkable, mixed-use district. The mall, shuttered in 2020, will be called Lulah Hills. The redevelopment will add 1,700 apartments, 100…
The Halle Companies is looking to rezone about 20 acres at 5009 Louisburg Road in Northeast Raleigh to develop a large apartment complex. The developer plans to build up to 700 units in a seven-story tower. The Triangle Business Journal…
Investment giant KKR has scooped up more than 5,000 apartments across the country in a deal that represents its biggest-ever bet on the sector. The company has purchased 18 properties from Charlotte-based Quarterra for $2.1B, it announced Tuesday. The 5,200 units are spread across several states,…
A two-tower multifamily development proposed by Sterling Bay that had advanced through the initial hurdle of zoning approvals is now facing a delay in the process amid opposition from a local alderman. The deferral came less than a week after…
Chicago-based Core Spaces, a residential real estate developer, owner and operator, is now leasing at Oxenfree WeHo, a new rental community located in the Wedgewood-Houston neighborhood of Nashville, Tennessee. Part of the company’s Build-to-Rent platform, Oxenfree WeHo spans nearly six…
Renters can start moving into The Kendry, RangeWater Real Estate’s latest multifamily community, located at 8402 IBM Drive in Charlotte. In addition to Rainwater, project participants on the 300-unit development include McShane Construction Co. as general contractor and Poole &…
The Colleyville City Council approved a proposed senior living complex. Sagora Senior Living is developing the housing complex, which would be for adults 55 years or older and consist of duplex cottages around the perimeter of the property. The main…
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