Cities

Interforum Debuts Chicago-Area Luxury Townhomes

Featuring designs inspired by the work of Frank Lloyd Wright, the community comprises 29 luxury townhomes on the site of a former lumberyard.

JLL Snags Investment SVP in SoCal

With more than a decade of experience, Christopher Arvizu will focus on multifamily sales in Orange County and the Inland Empire as part of the firm’s capital markets team.

LMC Tops Off San Diego Mixed-Use Project

Shift, a 368-unit community located in the East Village neighborhood, includes a 21-story tower and two five-story low-rise buildings.

Marcus & Millichap Leads Orlando Community Sale

The company worked on behalf of the seller, an Orlando-based private group, for the 80-unit property sale. The community was 97.5 percent occupied as of May.

Rendering of Maizon at Brickell

Construction Begins on Miami Luxury High-Rise

The apartment building is scheduled for completion in the first quarter of 2019. The owners have retained ZRS Management to provide leasing and management services.

Bernards Breaks Ground on 115 KSF Student Housing

The company is aiming for an August 2018 completion on the 114,970-square-foot facility at the University of La Verne. The project will be the first one in the university’s newly approved Facilities & Technology Master Plan.

Canadian Developer Lands $50M Florida Community

Cushman & Wakefield negotiated the sale of Cottage Cove, a 468-unit asset in Miami, Fla., on behalf of TM Real Estate Group.

Upcoming VA Community Lands $24M Construction Financing

Berkadia’s Senior Managing Director David Blake arranged a 40-year loan for the development of a 168-unit residential property in Christiansburg, Va.

Renters Are Choosing the Suburbs in Greater Numbers than Cities; Atlanta Metro in the Lead

Greater Atlanta leads the nation with a 26 percent increase in renter-occupied households in its suburban markets versus only 10 percent in its urban areas.

245 E. 80th St., Manhattan

Top 5 NYC Multifamily Sales

PropertyShark compiled the top 5 multifamily sales for May 2017 in New York City.