The Develop Fulton Board of Directors unanimously approved a $538 million bond inducement for Project Nexus, a mixed-use economic development initiative. This project aims to transform a distressed property into a hub of economic and community development. Situated in Atlanta and East Point, the project…
Canyon Partners Real Estate LLC, Ascendant Capital Partners and Bond Companies have formed a joint venture to support the development of Inspire Sonoran Desert, a 560-unit, Class A multifamily community in the North Valley submarket of Phoenix. Kennedy Wilson provided…
Alloy Development has secured $290 million in permanent financing for 505 State St., reportedly New York City’s first all-electric skyscraper, located at the intersection of State Street and Flatbush Avenue in Downtown Brooklyn. The financing from New York Life Real Estate…
Berkadia secured financing for Frederick Samuel Apartments, a 664-unit, midrise affordable housing property located in Harlem. Managing directors Heather Olson and Matthew Baptiste secured $71 million in permanent acquisition financing on behalf of New York-based Genesis Companies and Lemor Development. The…
Lion Real Estate Group acquired a two-property, 208-unit apartment portfolio in Charlotte that was rebranded as Creekside Canopy. The acquisition expands the firm’s Charlotte market presence to three assets and was made on behalf of Lion’s Fund III investment vehicle. The properties…
Crosland Southeast hopes to get permits for a project with residential and commercial uses in the Charlotte suburb of Matthews. The developer is targeting 92.9 acres at 1700 E. John St. with its rezoning request. The request is being made…
NAI Capital Commercial SVP Steven Ehrich with the Investment Services Group in Orange County negotiated the sale of an Anaheim industrial building, totaling 26,620 square feet. Ehrich represented the seller, a charitable foundation, in a rare transaction involving a donated industrial asset….
Subtext has announced its largest development with VERVE Charlottesville, a student housing project adjacent to the University of Virginia (UVA) campus. Developed with joint venture equity partner Kayne Anderson Real Estate, the housing community is located at 100 Stadium Road….
Areté Collective and the Wasatch Group closed on a $106 million financing for Thomas Ranch, a residential community in Spicewood, Texas. The non-recourse, tax-exempt bond, underwritten by D.A. Davidson’s Development Finance Group, will provide the developer with proceeds to implement its 2,200-acre master plan…
Walker & Dunlop arranged $23.9M in construction equity for Emberwood, a to-be-built senior affordable housing apartment complex located in Casa Grande, Arizona. The W&D Affordable Equity team led by Aaron Krasnow arranged the equity on behalf of the client, Roers Companies. ($23.9 million 4% LIHTC and…
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