With a background in architecture, Beata Lorincz has been an associate editor with Commercial Property Executive and Multi-Housing News since 2017. Her current work centers around architecture and design, the student housing sector and data-driven updates on the office market.
Miami Luxury Community Lands $102M Loan
Canyon Partners Real Estate LLC has teamed up again with ECI Group, providing a $102.3 million loan for the recapitalization of a two-tower luxury Miami community.
DC Community Receives $58M Loan
Citizens Bank arranged the loan for a 295-unit, Class A apartment community located in the Brookland neighborhood, northeast of the city center.
The Lindley Tops Out in MD
One of the first significant residential community additions in the Chevy Chase area in decades, EYA’s community will feature 200 units spread across 11 stories.
DSF Group Acquires CT Asset
Built in 2004, the 246-unit community is located in Milford and was purchased for $50.5 million. The company plans to renovate and rebrand the property.
Colliers Closes $27M Seattle Sale
Citywalk Apartments is a 102-unit property in the city’s Northgate neighborhood. Built in 1987, the community includes four residential buildings and a clubhouse.
Pinnacle, Ascend to Break Ground on Miami Community
Construction will soon be underway at Oasis at Blue Lagoon, a 272-unit Class A property near MIami International Airport. Completion is scheduled for 2019.
Vegas Assets Trade for $115M
LivCor purchased Broadstone Flamingo West and Broadstone Talavera, which comprise a total of 674 units and are located in the eastern part of the metropolitan area.
$16M Senior Housing Community Opens in Pittsburgh
The 66-unit Hillcrest Residences, which was developed by The Community Builders is located in the Carrick neighborhood.
CT Senior Living Community Breaks Ground
Maplewood Senior Living has broken ground on a 93,000-square-foot assisted living and memory care community in Connecticut. The regionally based team will deliver the building in 2019.
DC-Area Luxury Tower Tops Out
Gallery Bethesda II rises 17 stories and will provide 240,000 square feet of luxury apartments and ground-floor retail. The project was designed according to LEED Gold requirements.