Business Specialties
JV Scores $120M for Manhattan Condo Conversion
Led by New York City-based SHVO, the venture is creating the first Mandarin Oriental-brand standalone residences in the Americas.
Greystar Buys Phoenix Community for $96M
The multifamily giant picked up a 412-unit property from IMT Capital in Scottsdale, Ariz.
CGI Strategies Breaks Ground on Another Koreatown Community
At the same time, the company completed work on The Mariposa, a 122-unit project nearby.
Greenland USA Completes $1B Development in Downtown Los Angeles
The 6.3-acre project’s final component, a 685-unit luxury tower, is expected to open its doors to residents this winter.
Round Hill Capital Invests in 2nd Florida Property
The European real estate firm has teamed up again with Affiliated Development for a 230-unit workforce housing project in Lake Worth Beach, Fla.
IRET Sells 10-Property Portfolio to 2 Buyers
The communities total 969 units across seven assets in South Dakota, Iowa and Nebraska.
Colorado Development Scores Construction Financing
JLL worked on behalf of the developer to arrange $43.2 million for Ten West Greeley Apartments.
JVM Realty Snags 6th Chicago Community
The company acquired a 115-unit luxury property in the suburb of Downers Grove, Ill.
North Los Angeles Community Trades for $35M
Constructed in 1964, the seven-building property changed hands at a per-unit price of roughly $375,000.
Garden-Style Portland Community Trades for $34M
JLL Capital Markets Senior Managing Director Ira Virden and Senior Director Carrie Kahn worked on behalf of seller Pacific Urban Residential.