New Construction and Development

LMC, a national leader in apartment development and management, today announced the start of preleasing at The Lively, a luxury mixed-use boutique apartment community located in the heart of the Powerhouse Arts District. First move-ins at The Lively, LMC’s inaugural development in the New York Metro Area, are anticipated for Dec. 1.

34-unit Avalon Beach Club in Clearwater Beach to include short-term rental component

NEW YORK – JLL announced today that it has arranged $97.5 million in financing for the development of the second phase of Atlantic Station, a luxury mixed-use residential and retail property in downtown Stamford, Connecticut.

MORRISTOWN, N.J. – JLL announced today that it has closed the sale 65 Church Street, a 0.832-acre mixed-use residential development site in downtown Montclair, New Jersey.

Los Angeles, CA – Parkview Financial announced today it has provided a $26 million construction loan to Art District Holdings, a Denver-based apartment developer, for the development of an eight-story apartment and retail building located at 1225 Santa Fe Drive in the Arts District in Denver, CO. The 125,494-square-foot asset will include 126 apartment units and two ground floor retail spaces totaling 6,465 square feet. Additionally, the property will include parking on the first and second floors. The fully entitled project has now commenced construction with completion anticipated for summer 2021. 

LMC, a leader in apartment development and management, was recently honored with a Grand Aurora Award at the Southeast Building Conference for its Lumen at Tysons apartment community in Tysons, Va. Lumen was recognized as the Best On The Boards Mixed Use or Multifamily Community. 

MORRISTOWN, N.J. – JLL announces it has arranged $19.88 million in financing for the development of 34 Bank, a 126-unit, transit-oriented apartment property located in Netcong, Morris County, New Jersey.

LMC, a leader in apartment development and management, today announced the opening of The Maddox, a contemporary apartment community in the popular west-Houston suburb of Katy.