LS Black is constructing an $88 million rental community in Round Rock, north of Austin. All units will be priced for households making 30% to 60% of the area median income and none are market rate apartments. The Preserve at Mustang Creek will feature one- to four-bedroom floor plans and a large solar carport that offsets 90%-100% of common electricity use.
Public financial partners include Capitol Area Housing Finance Corp., Texas Department of Housing and Community Affairs, Red Stone Tax Exempt Funding, WNC & Associates; while Merriman Anderson Architects and Cadence McShane Construction are working on the project which occupies nine acres at 1401 County Road 118.
“Stamford Offices Welcomes Expansion of Hedge Fund”
Newmark has successfully secured a 10,464-square-foot office lease at 2187 Atlantic St. in Stamford, CT. The Class A property’s seventh