Multifamily

Funding to the tune of $18.5 million was recently secured for Mercer Park Apartments, allowing EB Real Estate Group to continue its expansion in the DFW market with more than 1,300 units under ownership.

And gold courses are starting to go away in the world of master plan community developments.

The lawsuits involving big-name architectural firms are over work at Surf Club II, a planned 11-story hotel-condo project.

Aside from sweeping rent regulation changes this past June. Another seismic change with respect to residential rental laws and regulation rules could well be on the way: "Good cause eviction."

Nevins, who will be the first woman to serve in the position in the PIDC's 60-year history, will take on the new post on Jan. 27 and will replace current PIDC president John Grady.

The deal announced by brokerage firm Kiser Group involves the 208-units located at 7500 S. South Shore, 6916 S. Clyde Ave. and 7038 S. Chappel Ave.

"We are gravitating towards certain markets because they forecast long-term population growth and there is an availability of affordable housing units to buy."

Greenlight Communities is the first developer to focus solely on attainable housing rental product.