Daily Archives: July 22, 2022

CIM Group Closes $204 Million Construction Loan for Central Station Mixed-Use Multifamily Development in Downtown Phoenix

PHOENIX, AZ – CIM Group, a community-focused real estate and infrastructure owner, operator, lender and developer, announced that a CIM-managed fund has closed a $204 million construction loan to Medistar Corporation, GMH Communities, and a fund sponsored by CBRE Investment Management to finance the development of Central Station, a one million-square-foot mixed-use transportation hub in […]

Parallel Breaks Ground on 750-Bed Student Housing Development to Serve Students at Texas A&M University in College Station

COLLEGE STATION, TX – Parallel, an Austin-based real estate development firm, has broken ground on a 750-bed property at 401 First Street that will serve students attending Texas A&M University and marking the firm’s second recent development in College Station. The project at 401 First Street will offer a mix of unit types with an […]

Embrey Expands Multifamily Footprint With Development of 284-Unit Senna at Canyon Trails Apartment Community in Phoenix Area

GOODYEAR, AZ – Embrey, a San Antonio, TX-based vertically integrated real estate investment company, has closed on land in Goodyear, Arizona, the future home to the Senna at Canyon Trails multifamily community. With this development, Embrey is further broadening its footprint in the Phoenix metropolitan area, one of the fastest-growing markets in the country. Senna […]