Category : Residential

HPP Real Estate and Machine Investment Group Partner on Recapitalization of North Hill Apartments in Virginia Beach, Va.
Residential

HPP Real Estate and Machine Investment Group Partner on Recapitalization of North Hill Apartments in Virginia Beach, Va.

REW
by REW77
New York-based HPP Real Estate, a division of Hill Property Partners LLC (HPP), is pleased to announce it has closed on the recapitalization of North Hill Apartments, a 148-unit multifamily rental property located in Virginia Beach, Va., just one year after purchasing the asset. The recapitalization marks the first transaction...
Shoma Group Launches Shoma Bay Condominium in North Bay Village
Residential

Shoma Group Launches Shoma Bay Condominium in North Bay Village

REW
by REW3732
Miami-based developer Shoma Group is pleased to announce the launch of sales for Shoma Bay, a 21-story, 327-unit condominium on the corner of the 79th Street Causeway and East Treasure Drive in the waterfront community of North Bay Village. The 2.8-acre mixed-use development will be anchored by a 36,068-square-foot Publix and 6,325 square...
Major Luxury Rental Community Proposed for Harrison, NY
FeaturedResidential

Major Luxury Rental Community Proposed for Harrison, NY

REW
by REW4644
Two family-owned real estate companies presented plans to the Harrison Planning Board on Wednesday to transform a shuttered hotel site into a residential mixed-use community. Renaissance Harrison is the proposed transformation of the 28 acre-former Renaissance Westchester Hotel site into a vibrant residential community, including retail and cultural venues available...
CBRE Arranges $26.7 Million Sale of 120 Garden Style Apartment Community in Worcester, MA to Arrowpoint Properties
Residential

CBRE Arranges $26.7 Million Sale of 120 Garden Style Apartment Community in Worcester, MA to Arrowpoint Properties

REW
by REW2071
CBRE announced today that it has arranged the $26.7 million sale of ReNew Tatnuck Square, a 120-unit garden style apartment community located at 13 Brookside Avenue in Worcester, MA.  CBRE Capital Markets’ multi-housing experts Simon Butler, Biria St. John and John McLaughlin exclusively represented the seller, an affiliate of San...
Mill Brook Terrace, 158-Unit Affordable Housing Complex for Seniors Celebrates Opening
Residential

Mill Brook Terrace, 158-Unit Affordable Housing Complex for Seniors Celebrates Opening

REW
by REW3814
 Seniors at Mill Brook Terrace, a 158-unit supportive and affordable housing complex for low-income seniors built on the site of a former New York City Housing Authority (NYCHA) parking lot in Mott Haven, celebrated their new homes today, the result of an innovative partnership between one of the largest senior...
ODA Reveals Design for 633 SE 3rd Avenue in Fort Lauderdale
Residential

ODA Reveals Design for 633 SE 3rd Avenue in Fort Lauderdale

REW
by REW1889
New York-based architecture and design studio ODA reveals the design of its newest project in South Florida, located south of the New River in the Rio Vista neighborhood of Fort Lauderdale. The striking 47-story tower, being developed by Dependable Equities, is a large mixed-use building that will bring a heightened...
Ariel Oversees Sale of Staten Island Shopping Center
Residential

Ariel Oversees Sale of Staten Island Shopping Center

REW
by REW4118
Ariel Property Advisors has been retained exclusively to market for sale West Shore Plaza, a 255,000 SF retail shopping center situated on 17.86 acres at 1745 SouthAvenue, just off the West Shore Expressway in Staten Island. An Ariel team comprised of Sean R. Kelly, Partner, Victor Sozio, Founding Partner, Michael...
David Weekley Homes Offers Final Opportunities in Waverly Townhome Collection
Residential

David Weekley Homes Offers Final Opportunities in Waverly Townhome Collection

REW
by REW1876
David Weekley Homes, one of the largest privately held national home builders, has limited opportunities remaining in Waverly Townhome Collection. Located within the mater-planned community of Waverly in south Charlotte, this section has fewer than 10 homes remaining. Priced from the low $500s, buyers can select from several quick move-in townhomes...
Standard Communities Leads Public-Private Partnership Acquiring 148 Unit Mixed Income Community in Chicago
Residential

Standard Communities Leads Public-Private Partnership Acquiring 148 Unit Mixed Income Community in Chicago

REW
by REW1720
Standard Communities, a major national affordable housing developer and investor, led a public-private partnership that acquired Lake Park Crescent Apartments, a 148-unit mixed income community in Chicago. The total capitalization of the transaction is approximately $54 million. Built in 2004, Lake Park Crescent is located at 1061 E. 41st Place...
Enterprise Community Development Closes onConstruction Financing for Roslyn Rise
Residential

Enterprise Community Development Closes onConstruction Financing for Roslyn Rise

REW
by REW1982
Enterprise Community Development, Inc. (ECD) closed on construction financing this month for Roslyn Rise in Columbia, Maryland. Roslyn Rise represents the first portion of a multiphase redevelopment project on a housing community originally built during the 1960s. Upon completion, Roslyn Rise will feature 153 households in a modern, amenity-rich, accessible and...