Wingspan Development Announces Sale of Sixteen30 to Continental Properties
Anthony Hansen Anthony Hansen

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Wingspan Development Group announced the sale of Sixteen30, a Class A apartment community of 284 units in Plainfield, Illinois, to Wisconsin-based Continental Properties.

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Tango Brew Coming to Jade at North Hyde Park
Anthony Hansen Anthony Hansen

Tango Brew Coming to Jade at North Hyde Park

Wingspan Development Group and ABC Capital Corp. announce that Tango Brew, a coffee and wine bar with an Argentinian/Italian flair, will lease approximately 1,600 square feet of ground-floor retail space at Jade at North Hyde Park in Tampa’s burgeoning North Hyde Park neighborhood.

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Mirela Vukovic Joins Team as Corporate Property and Asset Manager
Anthony Hansen Anthony Hansen

Mirela Vukovic Joins Team as Corporate Property and Asset Manager

Wingspan Development Group has hired Mirela Vukovic as corporate property and asset manager, a newly created role. Vukovic will be responsible for managing and ensuring the financial strength of Wingspan’s national multifamily portfolio – including 1,500 completed units, 900 units under construction and 2,800 planned units – overseeing third-party management firms, ensuring resident satisfaction, controlling expenses and optimizing revenue.

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Access to Capital Gives Some Apartment Developers Key to Hot Market
Anthony Hansen Anthony Hansen

Access to Capital Gives paddy power casino reviewSome Apartment Developers Key to Hot Market

After a decade of growth, construction starts for suburban Chicago apartments are expected to be lower in 2023-2024 due to rising interest rates and a pullback by banks on construction loans. But because demand and rent growth remain historically high, developers with access to capital are expected to benefit from the lack of new deliveries and enjoy a still-strong, less-competitive market.

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2023 Forecast: Sunny Skies Ahead for Suburban Multifamily Development and Investment
Anthony Hansen Anthony Hansen

2023 Forecast: Sunny Skies Ahead for Suburban Multifamily Development and Investment

Suburban Chicago has seen a boom in apartment construction in recent years, with cranes dotting the skies from Mount Prospect to Orland Park and 11,600 new units built or under construction since 2020. But with rising interest rates and construction costs, continued supply chain challenges and economic uncertainty, will suburban multifamily development lag in 2023?

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Real Estate Development Strategy in a Changing Market and Avoiding “the Dumb Tax”
Anthony Hansen Anthony Hansen

Real Estate Development Strategy in a Changing Market and Avoiding “the Dumb Tax”

Vice President of Development for Wingspan Development Group Chris Coleman says that the privately owned real estate company is more of a “developer with a general contractor in-house,” than a traditional developer. That vertical integration gives Wingspan a differentiator in the market.

Listen to the a full recorded episode on Real Estate for Breakfast.

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Jade at North Hyde Park Begins Pre-leasing 192 Luxury Apartments in Tampa, Announces Retail Lease with Popular Local Restauranteur
Anthony Hansen Anthony Hansen

Jade at North Hyde Park paddy power pokerBegins Pre-leasing 192 Luxury Apartments in Tampa, Announces Retail Lease with Popular Local Restauranteur

Wingspan Development Group, a multi-state development firm active in multifamily and mixed-use properties, and ABC Capital Corp. today announced that pre-leasing is underway for Jade at North Hyde Park, a new $46 million, mixed-use project offering 192 luxury apartments and resort-style amenities at 608 N. Willow Ave. in Tampa’s burgeoning North Hyde Park neighborhood. Jade at North Hyde Park is scheduled to deliver its first units in early second quarter 2022. Virtual and in-person tours are underway.

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Wingspan Development Group and Batson-Cook Development Begin Pre-Leasing at 300-Unit Hub13 Rental Community in Oak Creek, Wis.
Anthony Hansen Anthony Hansen

Wingspan Development Group and Batson-Cook Development Begin Pre-Leasing at 300-Unit Hub13 Rental Community in Oak Creek, Wis.

Wingspan Development Group, a privately held multi-state development firm active in multifamily and mixed-use properties, and Batson-Cook Development Company (BCDC) today announced that pre-leasing is underway for Hub13, a new $63 million, 300-unit garden-style multifamily community on 13th Street, just north of Drexel Avenue in Oak Creek, Wis. Hub13 is scheduled to deliver its first units this spring.

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