Channing Hamilton

CHICAGO — High Street Residential, the residential subsidiary of Trammell Crow Co., has completed Flora, a 34-story high-rise project located in Chicago's Fulton Market district. The community offers 368 apartments in a mix of studio, one-, two- and three-bedroom layouts, alongside penthouse units with condominium-like finishes.

CHARLOTTE, N.C. — Boston-based The Fallon Co. has begun development on The Colwick, a 234-unit community in The Cotswold neighborhood of Charlotte. Units will come in one-, two- and three-bedroom layouts. Amenities will include a pool, coworking space, pet spa and dog park, fitness center and yoga studio, courtyard with activity lawn and fireside lounge, social lounge with game room, bike storage and golf simulator.

MIAMI — Clearline Real Estate, an investment and development firm with headquarters in New York City and Miami, has obtained $94.5 million in financing for the construction of Excel Miami. Clearline is developing the 24-story high-rise community at 1550 N.E. Miami Place in Miami's Arts & Entertainment District.

SAN MARCOS, TEXAS — Cleveland-based developer The NRP Group has opened Centro35, a 330-unit affordable housing asset in San Marcos, approximately 50 miles northeast of San Antonio. The NRP Group developed the community in partnership with Capital Area Housing Finance Corp.

BRUNSWICK, GA. — Lockwood Cos., an affordable housing developer based in Southfield, Michigan, has opened a new office in Brunswick, about 80 miles south of Savannah, Georgia. According to Lockwood, the office will support the company's development initiatives to create more affordable housing for families and seniors in the region. Lockwood's first local project will be a 40-unit affordable housing community for seniors in Albany, a city in southwest Georgia. The company plans to break ground on the project in early 2025.

CASTLE PINES, CALIF. — Thompson Thrift has completed the disposition of Citadel at Castle Pines, a 214-unit community located at 353 Edge View Circle in Castle Pines, about 25 miles south of Denver. Matt Barnett, Jake Young and Taylor Payne of Walker & Dunlop brokered the transaction. The buyer and sales price were not disclosed.

TACOMA, WASH. — Goodman Real Estate has completed the disposition of three properties totaling 557 units in Tacoma's Parkland neighborhood. American Capital Group purchased the assets for $102.6 million. Giovanni Napoli, Philip Assouad, Ryan Harmon, Nick Ruggiero and Anthony Palladino of Institutional Property Advisors, a division of Marcus & Millichap, represented the seller and procured the buyer in the deal.

CHICAGO — Becovic Holdings Corp. has purchased Canterbury Court Apartments, a 176-unit asset located in the Gold Coast neighborhood of Chicago, for $25.7 million. The 16-story building houses a mix of 142 studios, 26 one-bedroom apartments and two two-bedroom residences, as well as six units utilized by previous ownership.

BUCKEYE, ARIZ. — Thompson Thrift has opened The Maddox, a 252-unit community located at 23683 W Yuma Road in Buckeye, roughly 40 miles west of Phoenix. The garden-style asset consists of seven buildings that each rise three stories, as well as 80 detached garages. Units come in one-, two- and three-bedroom layouts and average about 1,000 square feet.

Known as the crossroads of America, Indianapolis offers a unique intersection of affordability, industry and Midwestern charm. According to research from Indiana University's Kelley School of Business, 2.14 million people — or nearly one out of every three Hoosiers — lives in the Indianapolis metro region. Indianapolis' growth rate last year outpaced Cincinnati, Louisville, Kentucky, Cleveland, Detroit and Chicago. It's not hard to see why, especially when looking at the economic opportunities within the region and the state as a whole.