Cities
Enterprise Community Investment Marks 2,000th LIHTC Investment
Cheryl Chow Court, located in the Ballard neighborhood of northwestern Seattle, offers 50 studio and one-bedroom affordable apartments for formerly homeless and low-income seniors in an area undergoing a boost in development of luxury, market-rate apartments.
TODAY’S DEALS: RFR and Vanke Land $360M for Manhattan Condo
HFF sources $360 million for a Manhattan condo development from the Industrial and Commercial Bank of China; Walker & Dunlop closes a $152 million loan portfolio within 48 days; and Greystone arranges financing for a Strategic Properties acquisition in Illinois.
Miami-Based Integra Closes on Former Bank Atlantic HQ for $21M
By Balazs Szekely, Associate Editor The former Bank Atlantic headquarters has changed hands for $21 million in the largest single-tenant vacant building sale in the Cypress Creek submarket in the last five years, according to Stiles Realty. The sales price equates to $113.51 per square foot. The seller, Branch Banking and Trust, was represented by […]
Michael Paul Enterprises Presents New Boutique Condos to Upper East Side Market
Manhattan’s prestigious Upper East Side is welcoming two new boutique condominium buildings to the market.
TODAY’S DEALS: Security Properties Finds TOD Value Along D.C.’s Silver Line Expansion
Security Properties completes a $31 million buy in Northern Virginia; a joint venture kicks off an apartment redevelopment play in D.C.; and Grandbridge arranges three Nevada multifamily loans.
The Finch Group Opens Cleveland Apartments
Innova, an apartment development by The Finch Group, has opened. The property includes 177 apartments within a 400,000 square-foot “all-inclusive” pedestrian-friendly site.
Victor Group and Lend Lease Team Up on Manhattan Condominium Building
Victor Group announced it paired up with Lend Lease to develop a residential project at 281 Fifth Ave. in Manhattan.
Major Celebration as Residents Return to Renovated Apartments in Formerly Hazardous Building
An infamous Inwood, N.Y., building was severely destroyed and at risk of collapsing. As of Thursday, the major rehabilitation of 552 Academy Street in Inwood was officially completed.
HSL Acquires Arizona’s Tallest Residential Tower
HSL 44 Monroe got its hands on a controlling interest in Arizona’s tallest luxury residential tower through a $50.65 million purchase.