Daily Archives: September 21, 2022

Experience Senior Living to Break Ground on 158-Unit Assisted Living and Memory Care Community in Fast-Growing Naples, Florida

NAPLES, FL – Experience Senior Living (ESL) is creating communities with purpose across the U.S. and will break ground on a new luxury community in Naples, Fla. located at 8480 Rattlesnake Hammock Road. The Gallery at Naples is 169,327 square feet consisting of 158 homes with 125 assisted living apartments and 33 memory care suites […]

Equity Residential and Toll Brothers to Develop Three Luxury Rental Communities Totaling Over 1,000 Units in Dallas- Fort Worth Market

DALLAS, TX – Equity Residential (NYSE: EQR), an S&P 500 company focused on the acquisition, development, and management of residential rental properties located in and around dynamic cities and Toll Brothers, Inc. (NYSE: TOL), the nation s leading builder of luxury homes, through its Toll Brothers Apartment Living (TBAL) rental division, announced plans to develop […]

Quarterra and QuadReal Property Groups Announce the Opening of Spectra

Quarterra today announced the opening of Spectra, a luxury mixed-use community in the Marymoor submarket of Redmond, WA. Spectra, developed in partnership with QuadReal Property Group, is the first apartment community to deliver in the core of the emerging Marymoor Village following the historically industrial neighborhood’s rezoning in anticipation of the nearby Link Light Rail […]

ASC Arranges $2M Acquisition Loan for Multifamily in Moline, IL

Chicago, IL – September 20, 2022 – American Street Capital (“ASC”) announced today that it has arranged a $2 million loan for the acquisition of a 42-unit multifamily located in Moline, IL. Moline is located on the border of Illinois and Iowa in the Quad cities.  The four-story building was built in 1965 and contains 16 […]

Mill Creek Announces Acquisition of Alister Lake Lynn

Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., today announced the acquisition by its Mill Creek Multifamily Value-Add Fund of Alister Lake Lynn, a garden-style apartment community in Northwest Raleigh.    The three-story community, which features 312 apartment homes, is situated just off of Creedmoor […]

FOGELMAN PROPERTIES EXPANDS TECHNOLOGY INVESTMENT WITH APPOINTMENT OF TWO NEW EXECUTIVE ROLES

MEMPHIS, Tenn., Sept. 20, 2022: Fogelman Properties, one of the country’s largest, privately-owned and fully integrated multifamily investment and property management companies, is pleased to announce the promotion of Kim Young as Vice President of Shared Services and the appointment of Josh Siddon as the company’s first Vice President of Information Technology. The roles are part […]

Former JoJo’s Site in Florida Keys Set for Transformation Following Sale by Tobin Real Estate

Buyer to develop single-family community on Grassy Key property in Marathon HOLLYWOOD and MARATHON, FL – Sept. 20, 2022 – The former home of the iconic JoJo’s Restaurant in the Florida Keys is poised to become a single-family residential development following a sale of the Marathon site arranged by Tobin Real Estate. Tobin’s successful sale […]