CLEMSON, SC – Gilbane Development Company has opened Bixby on College, to residents. Bixby is a brand-new, fully furnished community designed for students attending Clemson University in Clemson, South Carolina.
Comprised of 107 units (383 beds), Bixby features fully-furnished apartments, in-unit washer/dryer, a fully equipped kitchen, high-speed internet and a flat-screen TV.
Community amenities include a clubhouse with pool table and gaming area which opens to a courtyard featuring a heated pool with infinity edge, fire pit, multiple seating areas, outdoor kitchen, and outdoor kitchen with grills; a fitness center with cardio and strength training equipment; study rooms; and a computer lab. There is also approximately 14,500 square feet of commercial space located on the first floor of the building fronting College Avenue and Keowee Trail. Current retail tenants include Romeo s Pizza and Solshine Yoga, with remaining retail space going quick.
We re proud of the on-time delivery of Bixby and are thrilled to welcome our first residents. Go in day was a success and residents are settling into their new homes, noted Russell Broderick, senior vice president for Gilbane Development Company. Between the location, housing amenities and retail/restaurants within our Bixby community, Clemson students will have a superior living-learning environment for many years to come.

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AUSTIN, TX – The Michaels Organization, a national leader in residential real estate, announced that it has completed the sale of Zoey Apartments, a newly constructed premier apartment community in the quick-growing market of Austin, Texas.
“Michaels’ ability to develop first-class properties, especially in markets where the housing demand is so rapidly outpacing supply, allows us to offer attractive returns to our investors and capital partners while supporting our future growth,” said Michael Flannagan, Executive Vice President of Development at The Michaels Organization.
The $59.2 million Zoey development started leasing in early August and at the time of sale was 82 percent occupied. The community offers 306 luxury units, including 38 that are designated as affordable.
Located in the highly desirable East Riverside neighborhood, Zoey is within 5 miles of downtown Austin and is close to public transportation as well as major highways. The Southeast Riverside market is also host to several cultural attractions and recreational activities. Major employers in the area include Meta, Oracle, Google, Tesla, and Whole Foods Market.
“Texas is one of several key markets where Michaels is developing new multifamily communities,” said Chris Brookshire, Michaels Vice President and Zoey’s lead developer. “This community was designed with the needs of the residents in mind, and it is an asset to the Riverside neighborhood.”
Zoey offers residents well-plotted units as well as upgraded, sustainable features including plank flooring, quartz countertops, and spacious closets, in layouts ranging from studios to two bedrooms. Amenities include fitness areas, rooftop lounge, co-working spaces, and recreation lounges as well as a pool, courtyards, a bike storage facility, and a dog wash area. The community also offers ample on-site parking.
The sale to Sterling Equities, a New York-based real estate firm, was arranged by Berkadia. Kelly Witherspoon and Michael Gonzalez with Berkadia’s Austin office represented The Michaels Organization on the disposition.
“The Zoey is an extremely well-built, Type 1 constructed midrise that was very well received in the market by both private and institutional investors,” said Witherspoon. “Infill opportunities of this caliber have been rare in Austin in recent years, so when they do surface, they generally get plenty of attention, which was the case here. Michaels was incredible to work with, and we look forward to the next one together.”
Terms of the transaction were not told.
Earlier this year, Michaels also sold Hill Country Place, a 228-unit, 696-bed student housing community located off-campus in close proximity to the University of Texas-San Antonio. Due to strong execution, Michaels was able to sell both Zoey and Hill Country Place at a price that exceeded initial underwriting.

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FORT LAUDERDALE, FL – Allegro Senior Living, a premier senior living operator, is expanding its Florida presence with Allegro Fort Lauderdale, its 12th community in the state. With more than 45 years of premier senior living experience, Allegro is focused on a singular mission for its new Fort Lauderdale community – to provide a state-of-the-art community and experience for area seniors.
With this unique, waterfront locale, Allegro Fort Lauderdale brings an extraordinary lifestyle offering to the area with 188 units and stunning views of the adjacent waterway and Atlantic Ocean. Conveniently located at 1290 N. Federal Highway, Allegro Fort Lauderdale is close to countless area attractions, dining and the beach.
The 188-unit, eight-level community was designed with modern sensibilities at every turn and offers independent, helped living, and memory care. The community is more than 280,000 square feet and boasts a variety of offerings and services including multiple indoor and outdoor dining and entertaining options, a two-tale theater, Sky Lounge, salon and spa, fitness and wellness center, pool, outdoor fireplace and fire pit, bourbon and whiskey lounge, boardwalk, outdoor gardens, dog park, housekeeping, valet parking, transportation, boat access and more.
“Allegro Fort Lauderdale offers the quintessential vision of the Florida lifestyle, catering to the very best that senior living has to offer,” said Douglas Schiffer, president and chief operating officer of Allegro Senior Living. “With Allegro Fort Lauderdale, we are reinforcing our presence on the east coast, marking our fourth location in South Florida and 12th in the state. Waterfront views and an enviable locale make an individualized experience that is uniquely tailored to our residents’ lifestyles.”
The development of Allegro Fort Lauderdale is led by Alliance Residential Company, a nationwide residential real estate developer with a regional office in Boca Raton, Fla. Alliance is working with local firms MSA Architects and FLYNN Engineering on the design and construction of the community, among others, and Allegro Senior Living will assume management and oversight of the community.
“Alliance Residential is excited to partner with Allegro Senior Living on this project that will combine our lifestyle expertise with the hospitality and care experience of Allegro,” said Robert Hall, Alliance Residential Managing Director. “We are making a unique, one-of-a-kind project that will help set a new standard in Fort Lauderdale.”
Allegro Fort Lauderdale will bring more than 115 jobs to the area, hiring at all levels including management, medical and care, dining, activities, transportation, maintenance and housekeeping. The location will start sales in September 2022 with a residential opening expected in mid-to-late 2023.

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