Cities
TODAY’S DEALS: Queens Apartment Trades Hands
A ‘Quooklyn’ asset trades for $21 million; Marcus & Millichap brokers the sale of a fractured condo in Tampa; and Red Capital provides an $8.8 million balance-sheet loan for the construction of a memory-care project.
Small Issue Costing NYC Building Owners Millions Annually
Through the cold winter months, tall buildings act like chimneys—heat escaping through cracks and gaps in the roof and frigid air making its way through the bottom. The boiler runs overtime and so does your wallet.
TODAY’S DEALS: Chicago Tower Sales Breaks $100M Mark
Planned Property Management grabs a Chicago tower; HFF arranges Orlando acquisition financing for a newly built luxury asset; and Hunt Mortgage finances an acquisition with a $4.8 million loan.
World-Class Residences Joining Manhattan’s Upper West Side
A new 18-story luxury residential building with parking on site is coming to the Upper West Side.
TODAY’S DEALS: Kaufman Lands $29M for Columbus Refinance
Oak Grove refinances a ‘best in class’ asset in Ohio; Thor Equities acquires a rental building near Columbia University; and 29th Street Capital expands in Denver.
How to Acquire a Trophy Asset
One of the country’s leading real estate companies announced the acquirement of The Manor at Buckhead.
Internationally Renowned Architect/Designer Crafting Tower for New York Skyline
Acclaimed Italian Architect and Designer Piero Lissoni is designing his first New York residential condominium project.
TODAY’S DEALS: Millennium Tower Boston Completes $650M in Sales in Four Months
Millennium Partners demonstrates an appetite for the ultra-luxury condos in Boston; Bluerock Residential Growth REIT is attracted to Austin; and Hunt Mortgage provides a Fannie Mae loan facility to a property located in Rochester, N.Y.
TODAY’S DEALS: Massachusetts Buyer Finds Value Outside Atlanta
Aspen Square Management buys 440 units in Peachtree Corners, Ga.; Berkeley Point arranges $24.2 million for a senior housing asset in Utah; and Capital One Bank closes a Fannie Mae loan for manufactured housing.
Meshing Vintage City Life with Upscale Design
Located near the invigorated neighborhoods of Roland Park, Hampden and Medfield, The Icon Residences will feature 379 luxurious apartments, premier shops, restaurants and office space.