Hines, Affinius Capital and Columbia Development have secured a $191 million senior mortgage for Fenton, a 92-acre mixed-use district in the Cary submarket of Raleigh/Durham, North Carolina. Fenton is Cary’s first vertically integrated, mixed-use destination. Fenton, created in 2021, includes 246,000…
Toro Development Company (“TDC”) has started work on Medley, the $560 million, 43-acre mixed-use community in Johns Creek. Th company expects its grand opening to take place October 29, 2026. TDC secured financing for the project in November 2024. The…
Walls are up and steel installation is underway, meaning that construction is progressing on track at Golden Triangle Logistics Center in Wallkill, NY, said Crow Holdings Development. Fully approved for 834,800 square feet, the Class A, two-building warehouse/distribution property sits on 92 acres in…
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…
Gilbane Development Company broke ground on Pique, a new purpose-built student housing development located at 2587 Telegraph Ave in Berkeley, CA, four blocks from the University of California Berkeley. Pique will transform the former Buffalo Exchange store into an eight-story residential building…
LRT Company, an opportunistic development firm, acquired 12.38 acres of land in the Providence, RI suburb of Coventry, where it plans to develop Tiffany Laurel Reserve, a 204-unit senior housing campus. The firm completed its acquisition of the property to develop…
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…
Leon Capital Group secured $58 million in construction financing for its 303-unit multifamily development in Morrisville. ACORE Capital Capital was the lender for the Raleigh/Durham area project at 3000 Bearing Way. David Cocanougher, President of Leon Multifamily, added, “We believe…
Initial phases of the proposed Lotus Grove district are on pace to see vertical construction in summer 2025, with an expected total cost north of $300 million, according to Urbanize Atlanta. Atlanta-based Insignia is developing low-rise retail and restaurants and…
The old Eastland Mall is now called Eastland Yards, and the developer, Crosland Southeast, has delivered its first project. Evoke Living, a 72-unit, 55-and-up multifamily community, recently opened its doors in East Charlotte. It has one- and two-bedroom apartments and…
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