New Construction and Development

Housing Trust Group (HTG), an award-winning multifamily developer and one of the nation’s largest developers of affordable housing, announces the opening of Lafayette Gardens, a $21 million affordable housing community in Tallahassee, Florida. Lafayette Gardens delivers 96 one-, two- and three-bedroom apartments with rents ranging from $415 to $1,093 per month available for income-qualifying individuals who make at or below 33 percent of area median income (AMI) or 60 percent of AMI. The property is 100 percent occupied.

JLL Capital Markets arranged the construction financing for 85-unit 175 Morris Street in Morristown, NJ

A joint venture of CP Capital, a highly disciplined U.S. real estate manager specializing in multifamily investments, and Wood Partners (“Wood”), a leading, fully integrated real estate company with expertise in development, construction, and property management, today announced they will be developing ‘Alta 99th’ - a 402-unit multifamily development project in Phoenix, Arizona. 

Exact Capital, a national commercial real estate development firm, is leading a public-private partnership developing 250 units of affordable housing in Atlanta.

354-unit project brings multifamily developer’s cottage-style build-to-rent concept to Hardeeville 

Prominent Central Florida developer Unicorp to utilize funds to deliver much-needed branded luxury residential product

Mill Creek Residential, a leading developer, operator and investment manager specializing in premier rental communities across the U.S., today announced it has broken ground on Amavi Celina, a single-family, build-to-rent community in the fastest-growing city in North Texas. The 45-acre development, situated about 40 miles north of Downtown Dallas, will mark Mill Creek’s initial single-family rental community within Texas.

 The Altman Companies, a nationally recognized developer, builder and manager of exceptional rental communities, announced today that it has broken ground to develop Altís Santa Barbara, a 242-unit upscale apartment community in Naples, Florida. Comerica Bank is providing the construction loan for the development, an institutional lender is providing mezzanine financing, and The Altman Companies, in partnership, with Mill Green Opportunity Fund VII, LLC is providing the equity.