The Massachusetts Bay Transportation Authority (MBTA) took the first steps toward finding a partner to turn the Alewife Complex in Cambridge into a public transit and mixed-use development. The MBTA will issue requests for proposals seeking developer qualifications by late…
Community Preservation Partners (CPP), a mission-driven affordable housing preservation developer, announced the $54-million acquisition and planned renovation of Green Hotel Apartments, an affordable senior apartment complex in downtown Pasadena. This is CPP’s 15th community in the greater Los Angeles area…
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…
A Cumberland office complex, that a year ago had landed on a CMBS loan-servicer watchlist, has been refinanced. The 700,000-square-foot Wildwood Center was financed with debt sold to investors in the form of commercial mortgage-backed securities. The Atlanta Business Chronicle…
Atrium Health is installing equipment into its new hospital in Cornelius and expects to begin accepting patients summer of 2025. Atrium Health Lake Norman will include an intensive care unit, operating rooms, a full-time emergency department and maternity services, among…
With the hope of landing an NHL as the carrot, The Forsyth County Board of Commissioners approved a plan forwarded by Krause Sports and Entertainment to develop a proposed $2 billion-plus entertainment hub for north Georgia. The Gathering at South…
California Commercial Investment Group has acquired a 19-acre site adjacent to the Motion Picture & Television Fund campus in Woodland Hills for $30 million. The company plans to develop a luxury senior living life cycle community encompassing approximately 300 units on the…
An entity affiliated with San Francisco-based FPA Multifamily has acquired The Atrium on James apartments in Kent for $60.5 million, or $201,667 per unit. Institutional Property Advisors (IPA)‘s Giovanni Napoli, Philip Assouad, Ryan Harmon, Nicholas Ruggiero, and Anthony Palladino represented…
Lincoln Property Company Southeast has been selected to manage Brown Thrasher Logistics Center, a Class-A industrial complex in Richmond Hill, GA outside of Savannah. Lincoln Senior Vice President Shane Froman, Senior Portfolio Manager Industrial Lead Kim Steward and Senior Portfolio…
National real estate investor and operator Waterton has acquired Nashboro Village, a 994-unit apartment community in metro Nashville. The sales price was not disclosed. Located at 115 Nashboro Blvd., the community was built in phases between 1974 and 1987 and…
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