When Taylor Winzeler moved his online fishing gear apparel and custom artwork business to a brick-and-mortar storefront in Houston, it was the realization of a long-held dream. But just a year later, Winzeler is giving up the lease for his Laguna Madre Clothing Co.,…
Green River Builders and ARC Multifamily Group obtained a construction loan, allowing them to proceed with a 282-unit multifamily development in Monroe, Georgia. The $42.7 million loan is for The Jax, a garden-style apartment complex. Green River is based in…
The latest corporate relocation to Texas might also be the tastiest. Fast food chicken chain KFC announced plans last week to move its headquarters from Kentucky to the Metroplex. It came close on the heels of an announcement earlier this…
Kolter Multifamily has broken ground on a 55-plus apartment community west of Boynton Beach. The company is taking a different approach to traditional 55-plus housing options. “We think of the project as a cruise ship on land,” said Kolter’s Jeff…
Origin Investments acquired the Queens Wedgewood-Houston (Queens WeHo), a 221-unit multifamily community at 715 Hagan St. in the WeHo neighborhood of downtown Nashville, Tenn. The purchase price exceeded $79.4 million. Queens Wedgewood-Houston, developed by Proffitt Dixon, was delivered in 2023…
Homebuilder Taylor Morrison paid $58 million for lakefront property outside of Charlotte. Taylor Morrison says it will deliver a mix of townhomes, single-family homes and lakefront options in The Palisades neighborhood at Lake Wylie. The company is permitted to build…
M&T Realty Capital Corporation provided $38.71 million in financing for 29-17 40th Ave., a 103-unit affordable property in a Long Island City Qualified Opportunity Zone. Loan originators Matt Newton and Todd Trehubenko of the M&T RCC office in Boston arranged…
A group of property owners is working together on a 402-unit apartment community in Durham. The property, off Hoover Road west of Interstate 885, was assembled over the years, including several much smaller pieces. The property owners include John Warasila,…
Lument has provided $110.8 million in Fannie Mae DUS loans to refinance a six-property multifamily portfolio located in Chicago. The transaction refinances existing bank debt for the sponsor BJB Properties, a Chicago-based owner-operator focused on long-term holds that currently owns…
Liberty Senior Living’s high-end senior living complex is taking residents. The Triangle Business Journal reports that the 5-story complex in Raleigh rises where the Country Club Homes apartments once stood at Fairview and Oberlin roads. Called Hayes Barton Place, residents will find…
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