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Multifamily is becoming increasingly expensive to build, straining budgets, so the Grayson is expected to benefit from limited competition in Spring, where demand outpaces supply at 1.91 units absorbed per delivery.
The Miami City Commission will be asked to approve a settlement that would allow construction of hotels, stores and a garage on the island off downtown Miami.
Equity Residential has submitted plans to add 25 below-market rate apartments to its Reserve at Mountain View Apartments because the community has none among its 180 apartments at this time.
A national restaurant chain is now operating a 7,538-square-foot space that includes a full bar, restaurant seating for 250, and a patio with dining and firepits to accommodate an additional 50 guests.
The partnership brings together Stanford's academic and institutional resources along with Cushman & Wakefield's industry-specific knowledge and expertise.
The Overlook at Las Colinas was home to a publicly traded company that recently vacated and as a result, an 80,000-square-foot block has become available for the first time in almost 30 years.
The final piece of the $18 million capitalization for the Edge at Langham Creek, a 115-unit multifamily property, is now in place with MidHudson as the equity provider.
Mack-Cali calls the Bow Street proposal "grossly inadequate, illusory, unworkable," while Bow Street managing partner Akiva Katz says Mack-Cali is "clearly undervalued, but we don't think the undervaluation can be resolved in its current structure."