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This week's Mane Street Memphis includes updates on new construction at St. Jude, new workforce development initiatives and Edgeview at Legends Park.
Pennrose, the Huntsville Housing Authority and BLOC Global Development Group opened a 65-unit affordable senior community in Madison, Ala.
Hillcrest Acquisitions is constructing a multifamily property in the Huntsville area. Hillcrest Acquisitions, a New York-based family office that invests in and develops multifamily and skilled nursing properties throughout the eastern U.S., has received a $49.5 million loan from 3650 REIT to complete construction of The Gabriel, a 288-unit community in the Huntsville, Ala., market.
An Alabama-based builder is heading up work on a Calabash, N.C. housing development of 100+ units located just over the SC state line.
Capstone Building Corporation, a Birmingham based general contractor has announced a new $13.45 million project with developer Pennrose, LLC.