Property Type

HILTON HEAD ISLAND, S.C. — A public-private partnership between the Town of Hilton Head Island, OneStreet Residential and RBC Community Investments has broken ground on Northpoint on Jarvis Creek, a 157-unit workforce housing development. CF Evans Construction is the general contractor for the development, which is recognized as Hilton Head Island’s first dedicated workforce housing project. As part of the public-private partnership, the Town of Hilton Head Island is providing a 65-year ground lease, $1 million to support eligible site work with contributions secured from the American Rescue Plan Fund, affordability covenants to maintain a workforce neighborhood in perpetuity, zoning entitlements and long-term programming support. OneStreet’s role involves design, permitting, financing, project management, construction, lease-up, long-term programming and property management. Situated on 11 acres, Northpoint on Jarvis Creek will offer one-, two- and three-bedroom apartments with rental rates attainable for households with incomes ranging from 60 to 150 percent of the area median income (AMI). At least 50 percent of the units will cater to households earning between 60 and 80 percent of the AMI. (Based on Beaufort County’s 2025 AMI, a family of three could earn between $59,520 and $148,800 to qualify to live at the community.) The development …

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EAST ORANGE, N.J. — Regional brokerage firm Hudson Atlantic Realty Advisors has arranged the $9.3 million sale of a 50-unit apartment complex in East Orange, about 15 miles west of New York City. The five-story building at 22-30 S. Munn Ave. was gut-renovated in 2008 and features one-, two- and three-bedroom units with an average size of 917 square feet. Nick Favorito of Hudson Atlantic represented the seller in the transaction and collaborated with Hudson Atlantic’s Adam Zweibel to source the buyer. Both parties requested anonymity.

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DORAL, FLA. — ANF has topped out Sevilla, a seven-story midrise apartment project underway within the $1 billion Downtown Doral development. The developer, locally based Codina Partners, plans to fully deliver the 405-unit community by year-end 2027. Situated on 4.2 acres at the corner of NW 53rd Street and NW 52nd Terrace, Sevilla will offer one-, two- and three-bedroom residences ranging in size from 720 to 1,708 square feet. The property will also include 15,800 square feet of indoor and outdoor amenity space, including a resort-style pool deck with beach entry, private cabanas, grilling stations and a Zen courtyard with a large dog park. The rooftop deck will also offer pickleball courts, a yoga yard, walking paths and lounge areas. Indoor amenities will include a two-story fitness center, resident lounge and a ride-sharing lobby.

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OXFORD, MISS. — Landmark Properties has acquired a 27-acre development site on Oxford Way near the University of Mississippi campus in Oxford. The property will be home to The Station at Oxford, an 817-bed, cottage-style community developed in partnership with Liberty Mutual Investments. The development will offer 269 fully furnished units in a mix of two- and four-bedroom configurations with bed-to-bath parity. Shared amenities are set to include a clubhouse, resort-style pool with cabanas and hammocks, fitness center, sports simulator, Jumbotron, cornhole boards, fire pits and a pickleball court. The Station at Oxford will also offer parking for up to 904 vehicles. The development team for the project, which is scheduled for completion ahead of Ole Miss’ 2027-2028 academic year, includes Landmark Construction, Niles Bolton Associates and JM Engineering.

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LITTLETON, COLO. — Vista Residential Partners has closed on financing for the development of Highline Vista, a four-story garden-style multifamily property in Littleton. Vertical construction is slated to commence in August 2026, with first residents scheduled for mid-2027 and full completion for late 2027. Situated approximately 14 miles south of downtown Denver, Highline Vista will offer 172 studio, one-, two- and three-bedroom apartments spread across three four-story residential buildings on 5.6 acres. Apartments will feature stainless steel appliances, quartz countertops, vinyl plank flooring, nine-foot ceilings, in-unit washers/dryers and open layouts. Planned community amenities will include a 3,500-square-foot clubhouse with fitness and business centers, a resort-style pool with cabanas and grilling areas, multiple outdoor amenity pavilions and a community park. Apex Multifamily Construction, a Vista affiliate, is serving as general contractor, and Rosemann Architects is designing the project.

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FONTANA, CALIF. — DAUM Commercial Real Estate Services has arranged the sale of an industrial distribution building located at 6260 Mango Ave. in Fontana. Magellan Value Partners sold the asset to an undisclosed buyer for $30.2 million. The end user is a clothing-based distribution company based out of New Jersey. The property offers 113,930 square feet of Class A space with a clear height of 32 feet, 19 dock-high doors and options for expandable power. Noah Samarin, David Gores and Gary Womack of DAUM represented the seller, while DAUM’s Steve Haston, along with LA Commercial’s John Lasiter, represented the buyer in the transaction.

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CARLSBAD, CALIF. — PSRS has arranged $6.7 million in construction financing for a shopping center in Carlsbad. The project is a ground-up, partially preleased multi-tenant retail development. Trevan Swierczewski and Alexander Santulis of PSRS secured the nonrecourse financing, with a high-leverage structure, through a local debt fund. The financing features a 24-month term with two six-month extension options.

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EAGLE RIVER, ALASKA — Angelic Real Estate Holdings, along with its institutional partner JDI Realty, has purchased 17101 Snowmobile Lane in Eagle River, a suburb of Anchorage. Terms of the transaction were not released. Completed in 2008, the two-story building offers just under 20,000 square feet of rentable medical office space. The new ownership plans to upgrade the property with advanced digital building monitoring and control systems, as well as some aesthetic interior and exterior improvements. Since 2021, Angelic has owned the sibling medical office building in Palmer, Alaska, a 25-minute drive from the Eagle River asset. The acquisition was financed with a loan from First National Bank Alaska, procured by Angelic Real Estate, the affiliated brokerage arm of Angelic Real Estate Holdings.

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PLATTE CITY, MO. — Colliers has brokered the sale of a 748,833-square-foot industrial facility in Platte City within metro Kansas City. Constructed in 2024, the distribution building is fully leased to Central Power Systems & Services under a long-term lease. The property features a clear height of 36 feet, 463 auto parking stalls, 74 dock doors and seven drive-in doors. Alex Cantu, Alex Davenport, Jeff Devine, Steve Disse, Tyler Ziebel and John Stafford of Colliers represented the seller, VanTrust Real Estate. The buyer was undisclosed.  

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CHICAGO — JLL Capital Markets has secured $35.6 million in acquisition financing for the Chicago Infill Industrial Seed Portfolio, a collection of four shallow-bay assets totaling 411,781 square feet in the O’Hare, Northwest Cook and North DuPage submarkets. Danny Kaufman, Lucas Borges, Mary Dooley, Emma Berner and Annie Thomas of JLL represented the borrower, a newly formed joint venture between Matterhorn Venture Partners and TPG Angelo Gordon U.S. Real Estate. The transaction represents the initial investment for the joint venture, which is targeting value-add Midwest industrial acquisitions. Built in the mid-1980s, the portfolio features clear heights ranging from 18 to 24 feet, 30 dock doors and four drive-in doors across the four buildings.

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