At the behest of New York-based Mack Real Estate Group (MREG), the Arizona State Land Department has agreed to auction off 2,300 acres of land surrounding the $40 billion Taiwan Semiconductor Manufacturing Co. plants in N. Phoenix. The Phoenix Business…
Duke University paid an apartment owner $43 million to take over the Blue Light Living apartments. The school will add the apartments to the school’s housing inventory, instead of building new ones. The school plans to make a number of…
Affiliated Development rounded up an incentive deal from the City of Fort Lauderdale and is now seeking up to $5.5 million in incentives from Broward County to include workforce housing in its Fort Lauderdale apartment project. Affiliated is looking to…
Cardinal Group, a real estate company based in Colorado, has purchased the student housing community Midtown Stillwater, located at 801 W 4th Avenue in Stillwater, Oklahoma, for an undisclosed price. The 221-unit, 823-bed property is situated steps away from Oklahoma…
Stay a day or a year or anything in between. Jamestown is developing a new concept that will feature 405 fully furnished one or two bedroom units with a stocked kitchen and a number of other services at the guest’s…
Sunroad Enterprises is the beneficiary of a $149 million refinancing arranged by JLL. The financing involves a portfolio made up of three luxury properties in the Southeastern US. The 857-unit multi-housing portfolio is located in Georgia, South Carolina and North…
A nearly $1B Fifth Avenue sale and several midsized Midtown office leases were the highlights of the past week in New York City commercial real estate. TOP LEASES Fisher Brothers’ Park Avenue Plaza, located at 55 E. 52nd St., is…
Dallas-based real estate investment firm Lloyd Jones has acquired Brightview Baldwin Park, a senior living community in Staunton, VA. The 136-unit property, which offers independent living, assisted living, and memory care, was purchased from Brightview Senior Living. Following the…
December student housing preleasing for the 2024-2025 academic year set a new record at 47.3%, up 9% from a year ago, according to the latest Yardi Matrix National Student Housing Report. Asking rates also continued to climb, hitting $858 per bed in December…
The second phase of Raleigh’s The Weld near Dix Park will consist of a 20-story tower with 525 apartment units. Amenities will feature a rooftop terrace, sky lounges and mezzanine units on the top floor. Real estate firms SLI Capital…
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