SCOTTSDALE, Ariz. — The Wolff Company, a Scottsdale-based private equity firm and developer, has purchased property in its hometown for construction of an active adult community.
TUKWILA, Wash. — Alliance Residential Co., one of the largest multifamily developers and managers in the country, has broken ground on Marvelle at Southcenter, an active adult community in the Seattle suburb of Tukwila.
KING OF PRUSSIA, Pa. — The Bozzuto Group has completed the development of Canvas Valley Forge, a 231-unit active adult community in the Philadelphia suburb of King of Prussia.
DALLAS — Holliday Fenoglio Fowler LP (HFF) has arranged financing for the development of Forestwood Active Adult, a 197-unit, age-restricted community in North Dallas.
OLATHE, Kan. —Real Estate Equities Development LLC has announced plans for its newest Village Cooperative community, which will be the first owner-occupied seniors housing cooperative in the Kansas City suburb of Olathe.
VENICE, Fla. — Florida-based Trez Forman Capital Group has provided a $44.8 million loan for the construction of The Floridian Club of Sarasota, a 309-unit active adult community in Venice.
FAYETTEVILLE, Ga. — OneStreet Residential has started construction of HearthSide Lafayette, a 125-unit active adult community in Fayetteville, located south of Atlanta.
LAKEWOOD, Colo. — Avenida Partners has started the construction of Avenida Lakewood, a 230-unit age-restricted community in the Denver suburb of Lakewood.