Scottsdale
Hilton Buys Sydell Majority Stake to Expand NoMad Brand
Hilton has acquired a majority stake in Sydell Group to expand the NoMad Hotels brand globally. Sydell will handle design… Read more
Smith & Henzy Buy Boynton Beach Senior Housing
Smith & Henzy Affordable Group acquired a Boynton Beach senior housing community for $53 million. An affiliate of Related Group… Read more
HUD Awards $17M in Grants for Chicago Apartment Energy Upgrades
The U.S. Department of Housing and Urban Development (HUD) announced $173.8 million in new grant and loan awards under its… Read more
Blackstone Sells Renton Hotel for $18M
A Hilton Garden Inn hotel was sold by a Blackstone Real Estate affiliated entity for $17.7 million. The buyer was… Read more
Streeterville Apartment Tower, Mixed-Use Development Opens
The Saint Grand, a co-development and joint venture between Mavrek Development, Double Eagle Development, Luxury Living, and GW Properties, began… Read more
Historic Boston Hotel Site Redevelopment Returns to Plan A
In a strategic move, developers Jas Bhogal and Thomas Calus have reapplied to the Boston Planning and Development Agency to… Read more
Industry Groups Challenge HUD on Changes to LIHTC Resident Criteria
A broad industry coalition on Tuesday challenged the U.S. Department of Housing and Urban Development’s (HUD) newly announced methodology for… Read more
Dallas Developer Plans Flip from Apartments to Hotel/Condos
Kaizen Development Partners worked out a deal with broadcaster KERA to build a 30-story apartment tower on the land owned… Read more
Related, GTIS Obtain $328M Brickell Construction Loan
Related Group and GTIS Partners have secured a $328 million construction loan to finance the development of Baccarat Residences Miami,… Read more
CBRE Arranges Sale of Build-to-Rent Property in Northwest Minneapolis
CBRE arranged the sale of Avery Park, a 124-unit build-to-rent (BTR) multifamily project located in Maple Grove, Minnesota, consisting of… Read more
N. Scottsdale Rental Community Flips for $96M
IMT Capital has acquired The Hadley North Scottsdale, a 240-unit community in Scottsdale, for $96 million from a private owner.… Read more
Aldon Management Sells Bethesda Apt Buildings for $86M
Bethesda, Maryland, saw the sale of two historic apartment buildings by developer Aldon Management to Corner Lot Advisors for $85.6… Read more
Shoreham Lands $157M to Buy VA 1,200-Unit MF
Shoreham Capital, in collaboration with Bridge Investment Group, has acquired the Mason at Van Dorn, a 1,180-unit multifamily community located… Read more
$83M Li’l Abner III Going Up in Sweetwater
CREI Holding is developing an eight-story affordable housing development in Sweetwater. The Li’l Abner III will have 328 units and… Read more
CIM Trades DC-Area Apartments for $225M
CIM Group said Friday it had sold Mason at Van Dorn, a 1,180-unit apartment community in Alexandria, VA. The Washington… Read more
Behring Brings “Live-Work-Play-Go” Model to Uptown Oakland
Developer Behring Companies has commenced leasing for 1900 Broadway, a mixed-use residential tower in Uptown Oakland. The company said 1900 Broadway’s fully integrated “Live-Work-Play-Go”… Read more
MBA Blasts Plan to Impose Rent Control on LIHTC Properties
Ahead of new regulations expected to be announced on Monday, the Mortgage Bankers Association (MBA) on Friday stated its opposition… Read more
Hell’s Kitchen Mixed-Use Development Lands $119M in Financing
The Hudson Companies and Housing Works, with partners HPD and the Metropolitan Transportation Authority (MTA), have secured $119 million in… Read more
Property Markets Group to Redevelop Tampa Housing Project
Property Markets Group is looking to change the zoning at Robles Park Village, one of Tampa’s oldest affordable housing projects,… Read more