New Construction and Development

Greystone, a leading commercial real estate lending, investment, and advisory company, announced that it has provided a $17,665,500 HUD-insured loan to finance the new construction of 409 on Nine, a 127-unit Green-certified mixed-use property located on Nine Mile Road in Ferndale, Michigan. The FHA construction-to-perm loan was originated by Lisa M. Fischman of Greystone on behalf of Michael Dowdle and Dale Inman of Wolf River Development Company.

NEW YORK, NY – April 9, 2019 – Holliday Fenoglio Fowler, L.P. (HFF) announces it has secured $97.1 million in financing for 111 Leroy, a boutique luxury condominium development in Manhattan’s West Village.

Evergreen Real Estate Group recently celebrated the grand opening of the Northtown Branch Library, located at 6800 N. Western Ave. in Chicago’s West Ridge neighborhood. Designed by Perkins+Will, the project is one of two co-located housing and library developments Evergreen has built in partnership with the city of Chicago, Chicago Housing Authority and Chicago Public Library.

MIAMI, FL – April 2, 2019 – Holliday Fenoglio Fowler, L.P. (HFF) announces it has closed the $19.25 million sale of a four-acre multi-housing development site in Downtown Doral, a 250-acre mixed-use community in Doral, Florida.

Innovative mixed-use community set to become West Midtown’s definitive urban destination

With the snip of a ribbon, the official opening of El Sereno Senior Living, a $21 million, 136-unit affordable apartment community for seniors age 55 and older, was commemorated today.  Public officials, community leaders, as well as members of the ownership and development teams attended the event.

MIAMI, FL – March 28, 2019 – Holliday Fenoglio Fowler, L.P. (HFF) announces today it has advised on the formation of a programmatic joint venture between Baptist Health South Florida, the largest not-for-profit healthcare organization in the region, and Belmont Village Senior Living, a nationally recognized luxury senior housing provider, to develop, own and operate senior housing communities in South Florida. HFF also advised the new partners on their first development site acquisition.

LMC, a leader in apartment development and management, today announced the start of preleasing at Vireo, a luxury high-rise apartment community in the city’s thriving Midtown district. First move-ins are anticipated for April.

WASHINGTON, D.C. – March 21, 2019 – Holliday Fenoglio Fowler, L.P. (HFF) announces it has arranged $29.1 million in preferred equity for the development of Faraday Park, a 407-unit multifamily community in Reston, Virginia.

Designed to meet an increasing demand for entry-level, for-sale housing in the Seattle metro, Magma Equities has completed its multimillion-dollar condominium conversion of a 52-residence community in Kirkland, WA.