Condo
Austin Condo Project Scores $88M Loan
Pearlstone Partners and Newgard Development Group will use the construction financing to break ground on the 249-unit property in the city’s Rainey Street District by the end of June.
Brooklyn’s Tallest Building Tops Out
Extell Development Co.’s Brooklyn Point stands 720 feet tall. The luxury property will include 458 condos as well as the highest rooftop infinity pool in the Western Hemisphere.
JV Breaks Ground on 2 DC Communities
Developers Urban Atlantic, Hines and Triden Development Group will deliver 390 market-rate and affordable housing units through The Vale and The Brooks, located within The Parks at Walter Reed.
Could Opportunity Zones Impact Residential Condo Developments?
One Nashville real estate investor and developer said the unintended consequence of Opportunity Zones in the rapidly growing city could mean a further constraint on the condo market, particularly in the downtown core.
In Case You Missed It: MHN’s Top 5 Posts in March
Miss any of our articles? Catch up with five of our most popular posts for the month.
MRC Provides $138M Loan for Manhattan Condo Project
Happy Living Development received financing to build a 155-unit condo project with retail space in West Harlem. Foundation work has already wrapped up.
New Condo Project Breaks Ground in South Austin
The upcoming development aims to accommodate the “missing middle” segment in Austin, with the price of the units ranging between $200,000 and $400,000.
HFF Lands $29M Loan for Dallas-Area Community
The financing arranged by NXT Capital will be used for the acquisition of a 250-unit, Class B apartment property in Plano, Texas.
Phoenix Community Sells for $52M
Wood Partners sold the transit-oriented community to FSC Realty in a transaction brokered by Institutional Property Advisors.
Miami Condo Project Gets $21M Construction Loan
Trez Forman Capital is extending more financing to Arbor Coconut Grove, a 48-unit property being developed in the upscale Coconut Grove neighborhood.