Ernesto Lopes has ambitious plans. Lopes, the president and CEO of Miami-based developer Resia (formerly known as AHS Residential), wants to deliver 8,000 new apartments in the Sun Belt annually by 2025. If the company had built that many apartments in 2021, it would have ranked No. 3 on the National Multifamily Housing Council’s Top 25 developers. Resia, which entered the Dallas metro with the 336-unit Resia Dallas West, aims to provide moderately priced new housing without government subsi...
Ernesto Lopes has ambitious plans. Lopes, the president and CEO of Miami-based developer Resia (formerly known as AHS Residential), wants to deliver 8,000 new apartments in the Sun Belt annually by 2025. If the company had built that many apartments in 2021, it would have ranked No. 3 on the National Multifamily Housing Council’s Top 25 developers. Resia, which entered the Dallas metro with the 336-unit Resia Dallas West, aims to provide moderately priced new housing without government subsi...
"I implore you to look for ways to remaster," said Osborne Anthony, a UDAAP member. "The building is way too big, particularly along Boston Street. It’s humongous."
"I implore you to look for ways to remaster," said Osborne Anthony, a UDAAP member. "The building is way too big, particularly along Boston Street. It’s humongous."
The large multifamily project is set to go before a city planning committee on August 1. Check out renderings to see what developers are proposing for the site.
The large multifamily project is set to go before a city planning committee on August 1. Check out renderings to see what developers are proposing for the site.
A Connecticut-based developer has purchased two Memphis Medical District properties as it seeks to secure a foothold in the market.
Lexington Partners LLC purchased Azur Tower at 305 S. Bellevue Blvd. and Soma 23 Apartments at 23 S. Pauline St. as part of a larger portfolio purchase.
The portfolio was purchased for $71.23 million from Arizona-based Santé Realty Investments and totaled six properties. The other four properties are located in Columbia, South Carolina.
Joe Beaudoin, direc...
A Connecticut-based developer has purchased two Memphis Medical District properties as it seeks to secure a foothold in the market.
Lexington Partners LLC purchased Azur Tower at 305 S. Bellevue Blvd. and Soma 23 Apartments at 23 S. Pauline St. as part of a larger portfolio purchase.
The portfolio was purchased for $71.23 million from Arizona-based Santé Realty Investments and totaled six properties. The other four properties are located in Columbia, South Carolina.
Joe Beaudoin, direc...
