The Allen Morris Co. and the Alaska Permanent Fund Corp. are joining forces on a 253-unit multifamily project in Sarasota. The duo secured an $83 million construction loan for the Bayside Sarasota from Kennedy Wilson. The project, which will be…
The Sweet Auburn neighborhood of Atlanta, one that is often overlooked by apartment investors, will be home to two new housing opportunies. One will be a unique setup that more closely resembles college housing. A $37 million affordable project will…
The New Mexico Behavioral Health Institute (NMBHI) is gearing up to build a new $98 million forensics unit to better facilitate competency restoration services, a set of mental health interventions that restores a defendant’s competency to stand trial. The 115,000-square-foot facility…
Time Equities (TEI) acquired The Armory at Sam Houston, a student housing complex located at 2257 Sam Houston Avenue in Huntsville, for $25.75 million. Built in 2018, the 145-unit/502-bed development is the nearest privately owned student housing property to Sam Houston State…
Unisen Senior Living is having trouble finding tenants. Its 491-unit senior living facility has only a 21% occupancy rate. Operated by nonprofit Tampa Life Plan Village, the company owes $43 million to unsecured creditors and nearly $87 million to secured…
A new Marriott concept hotel called StudioRes is slated for Jacksonville along Parramore Road south of Interstate 295. Marriott says StudioRes focuses on the short-term rental market for stays exceeding 20 days. Features include fully furnished studios with queen beds…
The city of Greensboro is hoping to revive a blighted area by deciding on a proposed mixed-use parcel on what is now a 3.4-acre vacant lot. Two were presented to the Redevelopment Commission of Greensboro at its latest meeting. One…
EDENS, owner and developer of over 100 open-air retail and mixed-use shopping centers, has unloaded Fountain Oaks in Sandy Springs. Jamestown, the buyer, paid $48 million for the 160,000-square-foot center, which is anchored by a Krogers supermarket. Fountain Oaks is…
Dwight Mortgage Trust, the affiliate REIT of Dwight Capital, provided $58.8 million in bridge financing for Solis at Petrosa, a newly constructed 260-unit apartment complex in Bend, Oregon. Proceeds from the loan will go towards refinancing the borrower’s existing construction…
The U.S. Soccer Federation broke ground on the $200 million National Training Center (NTC) and Headquarters, which will be called the Arthur M. Blank U.S. Soccer National Training Center. The former co-owner of Home Depot and current owner of the Atlanta…
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