Saturday, February 7, 2026
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Development

InterFace-Seniors-Housing-Southeast-Design-Build-Panel
Conference CoverageDevelopmentFeaturesSeniors HousingSoutheast

InterFace Panel: Seniors Housing Design Blends Hospitality, Technology for Next Generation of Residents

by Abby Cox

ATLANTA — As the demand for “age appropriate” living solutions continues to rise, seniors housing real estate is evolving rapidly. Modern developments are moving beyond the scope of previous institutional models that are stuck in the past and accelerating forward into physical environments that promote dignity, independence and community for the next generation of residents. The new wave of seniors housing residents are individuals who often have different expectations, lifestyles and needs compared to previous generations when it comes to their housing options. Whether it is a tech-savvy grandmother or a health-conscious grandfather, each generation of seniors finds aspects of life that they value more than their predecessors. Editor’s note: InterFace Conference Group, a division of France Media Inc., produces networking and educational conferences for commercial real estate executives. To sign up for email announcements about specific events, visit www.interfaceconferencegroup.com/subscribe. Health and wellness is an especially important component of seniors housing developments coming on line, as today’s older adults are living longer, staying more active and placing significance on quality of life. Connie Wittich, founding principal and CEO of Metropolitan Studio, highlighted that people want to live in beautiful places that focus on mental health and wellness, specifically. “We receive a lot of …

Continue Reading
FacebookTwitterLinkedinEmail
Serenova-Concierge-Communities-at-Woodforest-Montgomery-Texas
DevelopmentMultifamilySeniors HousingTexas

Edison Equity, ARCTRUST Break Ground on 165-Unit Active Adult Project in Montgomery, Texas

by Taylor Williams

MONTGOMERY, TEXAS — A joint venture between Dallas-based Edison Equity Management and New Jersey-based ARCTRUST Private Capital has broken ground on a 165-unit active adult project in Montgomery, located north of Houston. Known as Serenova Concierge Communities at Woodforest, the property will offer 133 one- and two-bedroom apartment homes and 32 private villas with attached garages. Amenities will include a pool, fitness center, pickleball court, indoor golf simulator, creative art studio, clubroom, wine room for private events and an onsite restaurant and social bar. The Clerkley Watkins Group is the project architect and will be joined by Kathy Andrews Interiors and general contractor The Brownstone Group as project partners. The first move-ins are expected to begin in late 2026.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentGeorgiaIndustrialSoutheast

JS Link America to Invest $223M for Permanent Magnet Manufacturing Facility in Columbus, Georgia

by Abby Cox

COLUMBUS, GA. — JS Link America, a wholly owned U.S. subsidiary of the Korean biotechnology company JS Link, will invest $223 million for the construction of a new permanent magnet manufacturing facility in Columbus. Permanent magnets are materials that create their own persistent magnetic field and aren’t dependent on external power sources to attract or repel other magnetic materials. Permanent magnets are often used in wind turbines, elevators, home appliances, data centers, consumer electronics, Urban Air Mobility (UAM), defense systems and within the medical and automobile industries. Situated within Muscogee Technology Park, the facility is expected to create more than 520 engineering, production, construction, administrative and management jobs. Operations for the 130,000-square-foot facility are expected to begin in late 2027 with an annual production capacity of 3,000 tons. Jacob Lee, in partnership with the Development Authority of Columbus, Georgia Quick Start and Georgia Power, internally represented the Georgia Department of Economic Development (GDEcD) Global Commerce team in the JS Link America deal. JS Link is also nearing completion on a similar permanent magnet facility in Yesan, Korea, with an anticipated pilot production run this month and an annual capacity of 1,000 tons.

Continue Reading
FacebookTwitterLinkedinEmail
The Mitchell
DevelopmentGeorgiaMultifamilySoutheast

CIM Group, Centennial Yards Unveil 304-Unit Mitchell Apartment Tower in Downtown Atlanta

by Abby Cox

ATLANTA — CIM Group and Centennial Yards Co. have unveiled The Mitchell, a 304-unit residential tower within the $5 billion Centennial Yards mixed-use development underway in downtown Atlanta. The 19-story luxury apartment building comprises apartments ranging from studio to three-bedroom floorplans. Select units offer walk-in closets, balconies and floor-to-ceiling windows with panoramic views. Rental rates for a 512-square-foot studio apartment begin at $1,450, according to Apartments.com. Amenities at The Mitchell include a community pool, fitness center, coworking space with office suites, multiple outdoor gathering areas and indoor event spaces with a catering kitchen, as well as a dedicated pet area with a pet spa and 16,000 square feet of ground-floor retail and restaurant space. Khao Thai Isan, a Thai tapas concept introduced by 26 Thai, will occupy 4,730 square feet. Additional retail and dining operators will be announced in the coming months. The Mitchell will join The Lofts at Centennial Yards South, which features 162 units located above the Georgia-based brewery Wild Leap. Meanwhile, the 292-room Hotel Phoenix is scheduled for completion later this year, and Cosm’s immersive sporting experience is planned for 2026. A 5,300-seat Live Nation venue was also announced earlier this year, with an anticipated opening in 2027. …

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsDevelopmentFloridaHospitalityLoansSoutheast

Northwind Group Provides $98M for Acquisition, Redevelopment of 1250 West Avenue in Miami Beach

by Abby Cox

MIAMI — Northwind Group has provided a $98 million senior loan for the acquisition and redevelopment of 1250 West Ave., an existing 238-room condominium building located in Miami Beach. Terra is leading the project in partnership with JDS Development Group, Rafi Gibly and Gianluca Vacchi, which acquired more than 95 percent of the units at the property. The group plans to transform the property into a luxury condominium tower on Biscayne Bay, with new entitlements permitting development up to 330 feet in height, with an anticipated 100-unit residential program. Northwind Group originated the loan through its Northwind debt investment fund III. Aaron Appel, Keith Kurland, Jonathan Schwartz, Adam Schwartz, Michael Diaz and Sean Bastian of Walker & Dunlop arranged the financing on behalf of the borrower.

Continue Reading
FacebookTwitterLinkedinEmail
avery-richmond-hill
DevelopmentGeorgiaMixed-UseSoutheast

ECI Group Breaks Ground on $60M Mixed-Use Development in Metro Savannah

by Abby Cox

RICHMOND HILL, GA. — ECI Group has broken ground on The Avery Richmond Hill, a $60 million mixed-use development located in Richmond Hill, approximately 15miles south of Savannah. ECI Construction is the general contractor, and Synovus Bank and CIBC are providing construction financing for the project. A timeline for completion for the overall development was not released, but the retail pad sites are scheduled for delivery in the first quarter of 2026. Ashley Smith and Tyler Mouchet of Colliers | Savannah will market the 3.5 acres of retail space for ground lease tenants.  The Avery Richmond Hill will also include 291 residential units comprising 243 one-, two- and three-bedroom floorplans, along with 48 three-bedroom townhomes that feature two-car garages. A mix of amenities will be available for residents such as an 8,400-square-foot clubhouse, fitness center, coworking spaces, automated package facilities, two courtyards, swimming pool and a dog park.

Continue Reading
FacebookTwitterLinkedinEmail
1057-Atlantic-Avenue-Brooklyn
Affordable HousingDevelopmentMultifamilyNew YorkNortheast

Douglaston Development Nears Completion of $320M Multifamily Project in Brooklyn

by Taylor Williams

NEW YORK CITY — Douglaston Development is nearing completion of a $320 million multifamily project at 1057 Atlantic Ave. in the Bedford-Stuyvesant neighborhood of Brooklyn. The 17-story building will have 456 units, 138 units of which will be reserved as affordable housing, as well as 31,000 square feet of retail space. Units will come in one-, two- and three-bedroom floor plans. Amenities will include a fitness center, lounge, golf simulator, game room, screening room, children’s playroom and a landscaped rooftop deck. Construction topped out last February. Leasing will begin in the coming weeks.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentMultifamilyNew YorkNortheast

Partnership Begins Leasing 131-Unit Multifamily Project in Brooklyn

by Taylor Williams

NEW YORK CITY — A partnership between William Macklowe Co. and GreenBarn Investment Group has begun leasing Paseo on Fifth, an 131-unit multifamily project located in the Park Slope area of Brooklyn. Designed by SLCE Architects with interiors by Durukan Design, the property offers studio, one- and two-bedroom units and amenities such as a fitness center, children’s playroom, social suite and a rooftop lounge. Rents start at approximately $3,100 per month for a studio apartment.

Continue Reading
FacebookTwitterLinkedinEmail
Sunrise-Long-Beach-CA
CaliforniaDevelopmentLoansMultifamilySeniors HousingWestern

JLL, HJ Sims Secure $80.1M in Tax-Exempt Bond Financing for Sunrise Senior Living Community in Long Beach

by Amy Works

LONG BEACH, CALIF. — JLL Capital Markets and HJ Sims have closed $80.1 million in tax-exempt bond financing for the development of Sunrise of Long Beach, a Sunrise Senior Living community in Long Beach. On behalf of Quality Senior Housing Foundation and Sunrise Senior Living, JLL’s Seniors Housing Capital Markets team, in collaboration with the bond underwriting teams of HJ Sims and JLL Securities, secured financing through California Public Finance Authority Senior Living Revenue Bonds, Series 2025A. Located at 3340 N. Los Coyotes Diagonal, the two-story, 78,227-square-foot community will feature 62 assisted living and 24 memory care apartments across 102 licensed beds. Assisted living accommodations will include generously sized studio layouts with private bathrooms, kitchenettes with refrigerators and individually controlled HVAC systems, while memory care offerings will include both private studios and shared suites designed to accommodate couples or roommate preferences. Community amenities will include a wellness center, multiple dining venues, including a formal dining room and casual bistro, a library, theater room, fitness center, beauty salon and four secure landscaped courtyards. The project team includes Sunrise Development as developer, W.E. O’Neil Construction Co. as general contractor and HPI Architecture providing design services. Construction is slated for completion in first-quarter 2027.

Continue Reading
FacebookTwitterLinkedinEmail
Blue-Ridge-Commerce-Center-Houston
DevelopmentIndustrialTexasTop Stories

TCC, Daiwa House Complete 1.3 MSF Industrial Project in Southwest Houston

by Taylor Williams

HOUSTON — A joint venture between Trammell Crow Co. (TCC) and Japanese developer Daiwa House has completed Blue Ridge Commerce Center, a 1.3 million-square-foot industrial project in southwest Houston. Construction began in August 2024. The site spans 92 acres at the northwest corner of Fort Bend Parkway and McHard Road in Fort Bend County. The development consists of five buildings that range in size from 153,928 to 431,017 square feet. The buildings feature a mix of front-load, rear-load and cross-dock configurations with clear heights that range from 28 to 36 feet. Seeberger Architecture designed the project, and E.E. Reed Construction served as the general contractor. Sumitomo Mitsui Banking Corp. financed the development, and CBRE is marketing the space for lease. Another project partner, Linco Construction, undertook infrastructure improvements as part of the project, which included new public roads, traffic signals, underground utilities, a regional storm water detention pond and public sidewalks. “The greater Houston region continues to prove itself as a magnate for modern logistics and manufacturing users,” says George Farish, principal at TCC. “With immediate access to major transportation corridors including the Fort Bend Parkway, Beltway 8 and U.S. Highway 90, we’re confident that Blue Ridge will serve as …

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts