Irvine, Calif.–gallery421, Lyon Communities’ third luxury project in downtown Long Beach is now ready. The first residents moved in late June.

Austin–The recession hasn’t hit the central Texas city of Austin quite as hard as in most other places, and for the metro Austin apartment market, that means better times ahead.

Queens, N.Y.–Beech Street Capital LLC provided $13 million in permanent financing for the refinance of Alpine Gardens Apartments in Queens, N.Y.

New York–In just a few months, 55 Thompson will join the small list of luxury apartment buildings in Manhattan.

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