New Construction and Development
ANF, a leading full-service construction and development firm, announces the completion of Phase One of Parks at Delray, a mixed-use community located at 2100 South Congress Avenue in Delray Beach, Florida. The project spans 43 acres and brings a vibrant mix of residential, retail, and office space to the growing Congress Avenue corridor.
Leasing is underway, and the decorated model homes and clubhouse are officially open at The Cottages at Battlefield Crossing. This 244-home rental community, located at 40 Cottage Drive, Ringgold, Georgia 30736, recently celebrated the grand opening of its clubhouse. Developed and built by Jim Chapman Construction Group (JCCG), a premier build-to-rent (BTR) general contractor, this BTR low-maintenance community offers flexible housing solutions with upscale features and thoughtful design.
Ekos at Arbor Park Apartments delivers 136 affordable units for seniors with rents starting at $330.00 per month
Housing Trust Group (HTG), a leading multifamily developer, and Mount Hermon African Methodist Episcopal Church Inc., under the ministry of Rev. Dr. Henry E. Green Jr., proudly announce the completion of Mount Hermon Apartments, a $43.5 million affordable housing community for seniors aged 62 and older.
Berkadia, a distinguished leader in the commercial real estate sector, announces that it secured a $31.5 million bridge loan on behalf of the sponsor, Midtown Capital, to complete construction of The Astoria, a new 149-unit apartment community in Salt Lake City, Utah. Located in the city’s emerging Fairpark District, where a new Major League Baseball stadium is being planned, the apartment community is slated for completion in the third quarter of 2025.
Managing Director Scott Wadler and Vice President-Originations Patrick Johnson, along with Senior Managing Director Mitch Sinberg and Managing Directors Brad Williamson and Matt Robbins of Berkadia Miami and Boca Raton, secured the financing for Midtown Capital, a vertically integrated real estate development and management company with offices in Miami, West Palm Beach, and Madrid, Spain. Its $1 billion portfolio includes commercial and residential properties in Florida, Texas, Georgia, Illinois, and Utah.
New York City-based lender RMWC provided the two-year, floating-rate loan to refinance the existing construction loan and fund the project’s completion.
Highly anticipated transaction provides significant public benefits, including transportation connectivity, ease of congestion and improved stormwater drainage
237 upscale apartments set to revitalize Asheville’s River Arts District, with first move-ins slated for April 1 and full completion in June 2025
