Monday, October 19, 2026
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Development

citron-orlando
DevelopmentFloridaLoansMultifamilySoutheast

Newmark Arranges $76.2M in Bridge Financing for New Orlando Multifamily Community

by Abby Cox

ORLANDO, FLA. — Newmark has arranged $76.2 million in construction take-out bridge financing for Citron at The Packing District, a 354-unit multifamily community in Orlando. Matthew Williams, Rob Wright, David Williams, Kyle Schlitt and James Maynard of Newmark secured the financing on behalf of the landlord, EMBREY. The multifamily community is situated within the $700 million Packing District, a 202-acre mixed-use redevelopment that offers access to retail, dining and employment centers, as well as Publix and the Great Southern Box Co. food hall. The former property was a historical industrial zone and former cypress swamp that served as the 20th-century epicenter of Central Florida’s citrus industry. Dr. Phillips Charities, along with its affiliated entity Dr. Phillips Inc., is the master developer of the district. Delivered in 2025, Citron comprises a five-story residential building with one- and two-bedroom floorplans ranging in size from 632 to 1,346 square feet, according to Apartments.com. Amenities at the property include a top-floor deck with a media room; resort-style swimming pool with an adjacent lounge and poolside cabanas; a Wi-Fi lounge with a conference room and dedicated micro-offices; and an adjoining six-story structured parking garage.

Continue Reading
FacebookTwitterLinkedinEmail
aviator-house
DevelopmentDistrict of ColumbiaMultifamilyOfficeSoutheast

National Real Estate Advisors Opens Office-to-Residential Conversion Project in D.C.

by Abby Cox

WASHINGTON, D.C. — National Real Estate Advisors has opened Aviator House, an office-to-residential adaptive reuse development located in the Dupont Circle neighborhood of Washington, D.C. The former Air Line Pilots Association headquarters was transformed into 157 residential units, including 15 affordable units. Aviator House was the first project advanced through and opened under the District’s Housing in Downtown (HID) initiative. The project team included Clark Construction (general contractor), Eric Colbert & Associates (architect/design), Gaëtane & Co. (architect/design), DXA Studio and Neoscape (interior and brand design). Bozzuto will serve as the community’s leasing and property management partner. Aviator House offers studio, one- and two-bedroom apartments ranging in size from 416 to 1,281 square feet. Residents have access to approximately 8,000 square feet of amenities, including coworking spaces with individual and shared offices; a fitness center; pet spa and dog run; bicycle garage; and a bi-level rooftop lounge featuring indoor gathering spaces, outdoor terraces, grill and dining areas and expansive views across the District. Monthly rental rates begin at $2,275. Originally constructed in 1972 and designed by architect Vlastimil Koubek, the building was most recently used by Johns Hopkins University for classroom and office space. The redevelopment retains its eight-story structure and modernist …

Continue Reading
FacebookTwitterLinkedinEmail
Creekside Cottages
AlabamaBuild-to-RentDevelopmentSoutheast

JCCG Delivers 225-Unit Build-to-Rent Community in Opelika, Alabama

by Abby Cox

OPELIKA, ALA. — Jim Chapman Construction Group (JCCG), on behalf of an undisclosed REIT, has delivered Creekside Cottages, a 225-unit build-to-rent (BTR) development located at the intersection of Society Hill Road and Gateway Drive in Opelika, about eight miles east of Auburn, Ala. A ribbon-cutting ceremony is scheduled for Wednesday, Oct. 28. The project first broke ground in September 2025. Built by JCCG, Creekside Cottages features two- and three-bedroom homes with attached one- or two-car garages and main-level primary suites ranging in size from 1,000 to 1,439 square feet. Amenities include a clubhouse, swimming pool, sidewalks, streetlights, a dog park and onsite property management and maintenance teams. Monthly rental rates begin at $1,875. Capstone Communities is the property manager for Creekside Cottages.

Continue Reading
FacebookTwitterLinkedinEmail
Pine-Haven-Flagstaff-AZ
ArizonaDevelopmentLoansMultifamilyWestern

Max Benjamin Partners Arranges $74.8M in Construction Financing for Townhome Property in Flagstaff, Arizona

by Amy Works

FLAGSTAFF, ARIZ. — Beverly Hills, Calif.-based Max Benjamin Partners has secured a $74.8 million nonrecourse loan for Red Oak Development for the construction of Pine Haven, a townhome property located at 2951 S. Masonic Lane in Flagstaff. Cameron Lind of Max Benjamin Partners arranged the loan for the borrower. Totaling 83 townhomes, Pine Haven will offer three home collections — Ponderosa, Aspen and Juniper — each a three-bedroom, 2.5-bath townhome with a two-car garage and indoor/outdoor living space. The development will also include a dedicated wellness amenity center with a cold plunge, a Spanish cedar sauna and a Japanese meditation room. Situated on 13.8 acres in Arizona’s Coconino National Forest, roughly half of the property will remain preserved as forest. The community is backed by an extensive public trail system and will have dark-sky compliant lighting throughout. First unit sales are expected to commence in late 2027.

Continue Reading
FacebookTwitterLinkedinEmail
Market-View-Apts-National-City-CA
CaliforniaDevelopmentMultifamilyWestern

National City Investment Group Breaks Ground on 120-Unit Apartment Community in California

by Amy Works

NATIONAL CITY, CALIF. — The National City Investment Group has broken ground on Market View, a workforce apartment property at 303 Highland Ave. in National City. Slated for completion in first-quarter 2028, the project will transform an underutilized parking lot adjacent to Manolo Farmers Market. Market View will offer 120 studio, one- and two-bedroom layouts in three residential buildings linked by open space, pedestrian connectivity and Manolo Farmers Market. The community will feature shared spaces, private outdoor areas, a shared rooftop deck, coworking area at the ground-floor lobby, community room opening to outdoor space, a guest suite planned for future resident use and a wellness center with an outdoor yoga deck. The project team includes RDC as architect, R.D. Olson Construction as general contractor and McCullough Landscape Architecture as landscape designer. The National City Investment Group is a locally owned, privately held real estate investment company whose members have longstanding business ties to the South San Diego community.

Continue Reading
FacebookTwitterLinkedinEmail
Affordable HousingDevelopmentIndianaMidwestMultifamily

Annex Group Breaks Ground on $71M Affordable Housing Community in Indianapolis

by Kristin Harlow

INDIANAPOLIS — The Annex Group has broken ground on Central at Old Southside, a 227-unit affordable housing community just south of downtown Indianapolis. The $71 million project will offer one-, two- and three-bedroom units to households earning between 50 and 60 percent of the area median income. Amenities will include a community center, fitness center, business center, dog park, garden area, playground and picnic area. Annex’s partnership with the McKenzie Center for Innovation and Technology will create hands-on learning and career development opportunities for locals through Annex University, an initiative launched earlier this year. Project partners for Central at Old Southside include BVH Architecture, CEC as civil engineer and Impact Housing Indiana Corp., an organization dedicated to supporting residents of affordable housing communities within Annex’s portfolio. The City of Indianapolis awarded the project with a 15-year PILOT, and Indiana Housing and Community Development Authority (IHCDA) provided $500,000 in soft funding as well as $33.5 million in tax-exempt bonds. Bank of America provided approximately $30 million in total equity as well as $53 million in construction financing, while Merchants Capital provided more than $30.7 million in permanent debt financing.

Continue Reading
FacebookTwitterLinkedinEmail
CaliforniaDevelopmentHospitalityMixed-UseTop StoriesWestern

OCVIBE Unveils First Autograph Collection Hotel in Anaheim, California

by Abby Cox

ANAHEIM, CALIF. — The Samueli Family and Marriott International (NASDAQ: MAR) have unveiled the design for SENA, Anaheim’s first hotel in Marriott’s Autograph Collection portfolio. Set to open in 2029, the 300-room luxury hotel will serve as the hospitality anchor of OCVIBE, a $5 billion, 100-acre master-planned entertainment and mixed-use district surrounding the Honda Center, the home arena of the Ducks. The Samueli Family, owner of the Ducks, along with its affiliate OC Sports & Entertainment, is the master developer behind OCVIBE and SENA. The hotel’s project team also includes Wimberly Allison Tong & Goo (architecture and landscape architecture) and Rockwell Group (interior design), while Sage Hospitality Group will lead guest services. “SENA brings together world-class hospitality, culinary and design brands while creating something distinctly ‘Anaheim,’” says Mike Waterman, president and CEO of Visit Anaheim. “It reflects the continued evolution of Anaheim and the caliber of experiences taking shape across our destination.”  At the center of the entrance to SENA, Rockwell Group is designing a circular indoor-outdoor lobby bar that will transition from bright colors during the day to warm, atmospheric colors at night. Meanwhile, the pool deck, pool bar and the indoor-outdoor lobby bar will overlook OCVIBE’s South Plaza …

Continue Reading
FacebookTwitterLinkedinEmail
5550-LBJ-Freeway-Dallas
DevelopmentMultifamilyTexas

HSR Breaks Ground on 435-Unit Mixed-Income Multifamily Project in North Dallas

by Taylor Williams

DALLAS — High Street Residential (HSR) has broken ground on a 435-unit mixed-income multifamily project in North Dallas. The project will occupy 5.4 acres within the larger, 8.6-acre site at 5550 Lyndon B. Johnson Freeway, which formerly housed an office building. The new development will consist of two buildings that will rise five and seven stories and will house 217 market-rate units and 218 affordable housing units. Specifics on floor plans and income restrictions were not disclosed. Amenities will include a pool, clubroom, sports lounge, fitness center, grilling stations and a rooftop terrace. HSR is developing the project, which is expected to be complete in summer 2028, in partnership with Acram Group and Parse Capital. WDG Architecture is designing the project, and OHT Partners is the general contractor. Bank OZK is serving as senior lender.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentOfficeTexas

Partnership Underway on 152,894 SF Office Project in Mansfield, Texas

by Taylor Williams

MANSFIELD, TEXAS — A partnership between two developers, Texas-based Admiral Legacy Investments and Florida-based Foundry Commercial, is underway on construction of a 152,894-square-foot office project in Mansfield, a southern suburb of Fort Worth. Located within the Mansfield Innovation District, the project represents Phase IA of a larger, 18-acre mixed-use development. The building will rise five stories and will also be able to support healthcare and research-and-development uses. BOKA Powell is the project architect, and Moss is the general contractor. Wier & Associates is the civil engineer, and Stream Realty Partners is the leasing agent. A tentative completion date was not announced.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentIndustrialSoutheastTennessee

Hollingsworth Cos. to Break Ground on 150-Acre Industrial Park in East Tennessee

by John Nelson

SWEETWATER, TENN. — The Hollingsworth Cos. plans to break ground on SouthPoint Business Park, a 150-acre industrial park in Sweetwater, a city in East Tennessee located in Monroe and McMinn counties. The park will be situated off I-75 on Exit 60 and comprise 12 single-tenant industrial facilities. The first phase features two buildings that are being built on a speculative basis and are set for completion in 2027. The Hollingsworth Cos. is headquartered in Clinton, Tenn., and has developed several SouthPoint-branded business parks across the Southeast. The developer will hold an official groundbreaking ceremony on Monday, Oct. 19 along with U.S. Sen. Bill Hagerty (R-Tenn.), U.S. Sen. Marsha Blackburn (R-Tenn.) and Congressman Chuck Fleischmann (R-Tenn.). An entity doing business as Sweetwater Development LLC is listed as the “property developer” for SouthPoint Business Park, while Hollingsworth is serving as the “facility developer.”

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts