Newmark Group, Inc. has hired the team formerly with Affordable Housing Advisors (AHA), a leading brokerage team and platform previously housed out of Marcus & Millichap. The Michigan-based team, which will operate as Newmark Affordable Housing Advisors (NAHA), is led…
Oldacre McDonald is planning a 22-acre mixed-use development on Stewarts Ferry Pike near Nashville International Airport. Oldacre recently filed a zoning application to change the current use of single-family housing to allow for commercial and multifamily. The Nashville Business Journal…
Elmwood Development has completed its assemblage of Downtown Raleigh lots, and now it can get moving on a 12-story building. The Triad Business Journal reports Elmwood recently acquired three lots in the Warehouse District near the Fairweather Condos for $6.48…
Land Innovations and Rochford Realty are planning a 27-acre mixed-use development in Nolensville, just south of Nashville. Nolensville has experienced rapid growth in recent years. The city’s population has grown from 2,000 to more than 15,000 people since 2000. The…
Welltower Inc., a REIT headquartered in Toledo, is under contract to acquire a portfolio of 25 purpose-built active adult communities for $969 million from Affinity Living Communities. Welltower and Affinity, a developer and operator of age-targeted housing, will also enter into a long-term…
Greystar was selected, along with the development firm’s nonprofit partner, Provident Resources Group, by the University of Washington’s Board of Regents to lease four University-owned student housing properties. In addition to taking over management of the Nordheim Court and Radford…
JLL has arranged the $79 million refinancing of Marina Square, a 270-unit, newly built, luxury apartment community located on the Puget Sound waterfront in Bremerton, Washington. The JLL Capital Markets Debt Advisory team was led by Senior Director Seth Heikkila,…
Hall Emery and Woodfield Development are planning a 22-story high-rise apartment building at the Music Row roundabout. The Nashville Business Journal reports the project will be referred to as Demonbreun Hill and include 333 units with 10,000 square feet of…
Kairoi Residential is expecting to invest $500 million on projects in Charlotte. So far, the company has a handful of properties in various stages of planning. Its first, which is under construction now, is 5Line, a community in the lower…
Avison Young closed the $23.5-million sale of a 201-bed senior housing facility located at 6700 Sepulveda Blvd. in Van Nuys. Situated on just over two acres of land, the property totals 49,818 square feet. Principal Peter Sherman, based in the firm’s…
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