Eastern Union has arranged $20.4 million in refinancing toward the conversion of a six-story, 137-unit hotel in Plano, into an assisted living residential community. The transaction was originated and managed by Meir Abrahamson, a senior loan consultant with Eastern Union. …
Development firm BFC Partners held the grand opening of The Pearl, a 100% affordable housing project located at 475 Bay St. in Stapleton, Staten Island. The 270-unit project is the first to open under the Bay Street Corridor Neighborhood Plan, intended…
A team of developers has obtained a $32.8 million loan to refinance Eastborough at San Marco, a new, stabilized 226-unit multifamily community in Jacksonville. Philip Rachels, Jeff Kinney and Connor O’Sullivan with CBRE Capital Markets’ Debt & Structured Finance in Jacksonville secured…
S2 Capital acquired ‘The Landing at Pleasantdale’, a 618 garden-style apartment community. 72 buildings make up the gated community that’s on over 75 acres. Built in 1985, Pleasantdale is located at 3497 Meadowglenn Village Lane in Doraville, GA, a northeast…
Skender has completed construction on a 38,000-square-foot facility expansion for the Greater Chicago Food Depository. The new prepared meals center, located at 4100 W. Ann Lurie Place, was completed seven weeks ahead of schedule and has enabled the food bank…
Holladay Ventures and Evergreen Real Estate opened Shelby House, a 195-unit affordable housing community. Additionally, Holladay and Evergreen announced the groundbreaking of the project’s second phase, 4th & Shelby, a mixed-use development adjacent to Shelby House, which will bring an additional 289 units of affordable housing in 2026. In…
Jay Nuss Realty Group, LLC completed the sale of a 37-unit, nine-masonry building apartment portfolio in Quincy, MA. The undisclosed buyer paid $10 million. The investment team of Angela Nuss, Liz Tavares and Jay Nuss represented the seller, BAZ, LLC, and also procured the buyer for…
Continuum Advisors, a national senior housing investment sales and advisory firm, facilitated the sale of Meredith Bay Colony Club, an 85-unit continuing care retirement community (CCRC) in Meredith, NH. The property was sold through a court-directed process for $11 million and the assumption of…
Toro Development Company (TDC), secured financing for Medley, the $560 million, 43-acre mixed-use community coming to Johns Creek. The milestone paves the way for Medley’s groundbreaking in December, with an anticipated opening in late 2026. The deal includes an equity…
A new affordable housing community from Dominium, 900 at Cleveland Park, will open this month in Nashville. Located on Dickerson Pike, the 256-unit development will serve families in East Nashville. The $90 million development is Dominium’s second in Tennessee. Freddie Mac…
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