An affordable place for Atlanta’s city workers is taking shape. The Atlanta Business Journal reports a duo of developers affiliated with three area churches are planning 200 workforce apartments across the street from Atlanta City Hall. Radiant Development Partners and…
Champion Real Estate Company has acquired Salisbury Campus Apartments, a five-building student housing community near Purdue University at 300, 310 and 318 Salisbury Street and 229 and 235 Littleton Street in West Lafayette, Indiana. Scott Clifton of JLL represented Champion…
A rent-stabilized, five-story, walk-up building in Washington Heights has been sold for $5 million. The building at 560-562 West 175th Street features 60 apartments and two commercial spaces, totaling 56,300 square feet. Built in 1924, it was sold for a…
This is the second article in a four-part series highlighting student housing as a real estate asset class. The first article, “Educational Overview: Student Housing vs Multifamily Housing,” is live. Parker Champion Student housing has come a long way in…
The distressed loan rate among commercial real estate (CRE) collateralized loan obligations (CLO) originated prior to 2023 rose nearly 400% year-over-year from the end of 2022, Kroll Bond Rating Agency (KBRA) reported. The distress rate ended 2023 at 5.4%, compared…
New City will soon open Forth, a 196-room hotel and social club along Atlanta’s Eastside Trail. The $150 million tower will open this June. Forth becomes the first hotel with direct access to the BeltLine. Morris Adjmi Architects designed Forth….
Madison Communities closed on the financing for Madison Oglethorpe, an upscale garden-style multifamily development located directly adjacent to Oglethorpe Mall in Savannah, Georgia. The mall has over 100 shops and entertainment options. The financing included a $35.5 million construction loan…
Rise: A Real Estate Company has received a $33 million mezzanine loan for a 308-unit age-restricted community on Jacksonville’s Southside. The developer of Rise Glen Kernan Park has also taken out a $61.45 million mortgage on the project, which will…
SomeraRoad is wrapping up Paseo South Gulch, a 16-story, 278-unit apartment and office building called Prima. It broke ground in February of 2022. Now, SomeraRoad is preparing to start work on a 30-story tower at Paseo South Gulch. The tower…
The Shaftesbury Capital sale includes a mix of properties around Fitzrovia. After it abandoned attempts to sell a £250M tranche of its Fitzrovia portfolio last year, Shaftesbury Capital has found a buyer for around £65M of London-based assets, React News reports. …
End of content
End of content
