Berkadia arranged the financing and sale of a senior living community in South Setauket in Long Island’s Suffolk County. Berkadia Seniors Housing & Healthcare provided both investment sales and mortgage banking advisory for a 196-unit independent living and assisted living…
Canyon Partners Real Estate LLC, The Martin Group and Valiance Capital formed a joint venture to develop The Valiant, a new Class-A student housing community near the University of California at Berkeley. Construction is scheduled to begin immediately, with completion…
Vesper Holdings acquired Gateway at Denton, located near the University of North Texas. Yardi Matrix data shows that the company took out a $25.3 million Freddie Mac loan for this acquisition, originated by KeyBank and arranged by AMA Financial. IPA’s…
Ascendant Development delivered the Haven at Charlotte, a luxury 369-unit property in Nashville. Commercial Edge reports the firm took out a $55.4 million construction loan for the project, which Citizens Financial Group originated in 2021. Haven at Charlotte is…
Olshan Properties and O’Connor Capital Partners, in collaboration with New York City’s Housing Development Corporation and Department of Housing Preservation and Development (HPD), held the official opening of Parkchester Gardens, a 221-unit senior affordable housing development located at 1701 Purdy Str….
The Rush Companies, in partnership with Village Concepts, has broken ground on a new senior living community, Village Concepts of Lake Stevens. The four-story, 125,062-square-foot facility will deliver 140 units of independent living, assisted living, and memory care services to Snohomish County. Village Concepts of Lake…
Lincoln Property Co. (LPC) has opened Port of Vancouver USA Terminal 1, an office and retail development in southern Washington. The two-building complex is located in the city’s waterfront district and features 366,000 square feet of Class A office space,…
Northmarq’s Los Angeles Manufactured Housing Investment Sales team of Jeff Benson, managing director, and Sam Neumark, senior vice president, brokered the sale of a three-property manufactured housing portfolio in the Pacific Northwest for $14.3 million. The portfolio totals 213 spaces…
Madison Capital Group has closed $34.3 million in financing for the development of Madison Aquiline, a luxury garden-style multifamily community in Raleigh, Durham and Chapel Hill’s Research Triangle. Centennial Bank is providing the financing for the Apex project. Madison Capital Group’s…
Landmark Properties has launched The Standard at Eugene, a 703-bed, 247-unit student housing development at 435 E. Broadway in Eugene, Oregon. The Standard at Eugene is Landmark’s first student housing community near the University of Oregon, just steps from the…
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