New Construction and Development

Chicago-based Lexington Homes, an active homebuilder throughout the city and suburbs, will bring its popular open townhome floor plan designs to Chicago’s western suburbs this fall with the start of sales at Lexington Trace in Warrenville, Ill. The community will offer 106 homes in two styles – three-level rowhomes and two-story townhomes.

SAN FRANCISCO, CA – May 9, 2019 – HFF announced today it is working on behalf of BUILD, a San Francisco residential development company, to arrange investment partners for the construction phase of its India Basin development located within a rare opportunity zone in San Francisco, California.

LMC, a leader in apartment development and management, today announced the start of preleasing at Bradham at New Bern Station, a luxury mixed-use apartment community in Charlotte’s South End neighborhood.  

WASHINGTON, D.C. – May 7, 2019 – Holliday Fenoglio Fowler, L.P. (HFF) announces it has secured joint venture equity and construction financing totaling $191.8 million for the development of Phase I of Bryant Street, a mixed-use, transit-oriented development in northeast Washington, D.C.

Los Angeles (May 2, 2019) — Thorofare Capital has provided $53.5 million in senior debt to refinance a two-property, 198-unit multifamily portfolio in Norwalk, CT.

Commercial mortgage lender Knighthead Funding, LLC has funded a $75 million construction loan to complete a luxury condominium development in Sarasota, FL.

Is Hialeah the next Brooklyn? According to City of Hialeah Mayor Carlos Hernandez it may just be, and a transformative new mixed-use project, Pura Vida Hialeah, is paving the way.

A joint venture between leading Miami-based developers EDEN Multifamily, founded by industry veterans Jay Massirman and Jay Jacobson, and Ghitis Property Company (GPC), led by former Trammel Crow Company Partner Leo Ghitis, have announced plans to build high-end apartment community EDEN Crystal Lake in Port Orange – a growing city near Daytona Beach. The development team recently received site plan approval for its intended use.