Multifamily

With a 200-person waiting list, Preston Trace is one of only three affordable housing properties in Frisco, attracted a tremendous amount of interest from investors and ultimately sold above asking price.

What had been a moribund downtown now throbs with life each workday, and that activity has also spurred a multifamily development boom.

The company acquired the 300-unit Class A community through a wholly-owned subsidiary and financed the acquisition utilizing a non-recourse first-mortgage loan from The Prudential Insurance Co. of America. T

With the DRI award, New Rochelle will connect its evolving and prosperous city center with the mile-long Lincoln Avenue Corridor that contains mixed-income residential housing, a newly renovated hospital, green space, a Metro North Train Station and part of the city's Arts and Cultural District.

At a ULI panel discussion on design and housing, the former New York politician who's now leading his family's real estate business says NY is not generating nearly enough housing.

Land sales have lost momentum since late last year in Phoenix, but are still up over the first half of 2017.

The Westchester County Industrial Development Agency granted a resolution of intent to provide more than $5 million in incentives for the Rose Associates' project to redevelop 440 Hamilton Ave. into a mixed-use property.

Greenland Forest City Partners, TF Cornerstone and Brodsky Organization are accelerating the construction of mixed-use developments near Barclays Center.