Cities
NYC-Area Development Receives $59M Financing
Cole Schotz P.C. arranged the construction loan on behalf of a joint venture, for the $95 million development of a 249-unit, mixed-use project in Mt. Vernon, N.Y.
Two Roads Breaks Ground on Miami Luxury Condos
Scheduled for completion in 2019, the 57-story Elysee Miami will offer 100 units, and amenities on the seventh and 30th floors.
HFF Secures Loan for DC Community
The 142-unit luxury apartment community is part of City Market @ O, a mixed-use two-block development in the Shaw neighborhood of Washington, D.C.
Waterline Square Tops Out in Manhattan
GID Development Group has celebrated the topping out of the 2.2 million-square-foot development. The three-tower building is scheduled to welcome its first buyers by the end of 2018.
Sky-High Amenity Debuts at Manhattan Tower
The rooftop club caps The Eugene, the sole residential component of Brookfield Property Partners’ massive Manhattan West project.
Security Properties Snags $81M OR Community
In a joint venture with Cigna Investment Management, the company purchased Arbor Heights, a 348-unit Class A garden-style community. This purchase marks the partners’ fourth acquisition.
CO Asset Commands $96M
Oak Coast Properties has acquired Aurora Hills Apartments, a 47-building, 300-unit apartment community in Aurora. This represents the company’s seventh acquisition in the Denver metro.
SoCal Investor Snaps Up Value-Add Phoenix Apartments
MIG Real Estate has acquired the 1999-built Bayside Apartments, a 176-unit community that includes 22 two-story buildings.
AZ, NC Senior Housing Lands $50M
Greystone arranged the construction financing for the assets, which will comprise a total of 386 units.
TAWANI Develops Chicago Asset
Located in the city’s Rogers Park neighborhood, the building will feature 45 apartments across five stories, as well as three floors utilized for parking.