HUNTSVILLE, AL – Carolinas-based, real estate development andmanagement company, EYC Cos. and New York-based, development andmanagement company, the Kalikow Group have jointly closed on a $42million senior secured construction loan for a multifamily projectin Huntsville, AL.
The $67 million multifamily development serves as thepartnership's largest project, in budget, units andsquare-footage.
The 406-unit, luxury rental community, Anthem will encompass 40acres of land. The community will offer three-story, walk-upapartments and one- and two-story, single-family and duplex homeswith private yards and detached garages. The development will alsofeature community spaces including two clubhouses, two saltwaterpools, firepit terraces, lawn game areas, a dog park, a playgroundand an herb garden. The residences will offer interior amenitiessuch as ten-foot ceilings, energy efficient gas appliances, quartzcountertops, LED lighting and vinyl plank flooring.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
