Cities
Las Vegas Community Changes Hands for $38M
Constructed in 2010, Spectrum consists of 14 three-story buildings situated on 9.8 acres.
Berkadia Secures $50M in Financing for Cleveland Project
The company secured the loan from Related Fund Management for the development of Centric Apartments, a 272-unit community.
American Copper Buildings Obtain $660M Financing Package
JDS Development Group and Largo Investments are developing two towers on the East River in Manhattan.
Continental Realty Purchases Grand Reserve at Tampa Palms
The company purchased the 17-year-old, 390-unit apartment community for $65.5 million.
On the Market: 5 Interesting Listings for the Week of 12/26
Recent listings include rustic-inspired townhomes catering to students at Appalachian State University and a community that formerly served as Florida’s original Cuban Consulate.
Brooklyn High-Rise Trades for $154M
Completed in 2011, The Addison includes both a 26-story tower and a 15-story tower.
GracePointe Crossing Breaks Ground on $50M Expansion
The Cambridge, Minn., redevelopment includes the addition of 50 senior units and 18 assisted living memory care apartments.
JV Secures $150M Construction Loan for Queens Tower
AIG is providing the financing for the luxury community, which is set to open in early 2018.
Detroit High-End Mixed-Use Development Opens
Broder & Sachse Real Estate and Woodborn Partners are calling the property “something totally new” for the city.
Port St. Lucie’s Apex Prima Vista Changes Hands for $38M
Bluerock Residential Growth REIT acquired the 320-unit property in Florida through a joint venture with the Carroll Org.