Condo

Kiser Group Brokers $38M Sale of Chicago Condominium Asset

ESG Kullen acquired all 250 units of The Flats on LaSalle, a former luxury hotel converted into apartments in early 2000.

JV Closes on Condo Deconversion in Chicago’s South Loop

River City will receive a full redesign and renovation of its lobby, common areas, residential units and retail components as it transitions to rental.

Phoenix Property Changes Hands in $33M Deal

NorthMarq represented the seller in the disposition of the 308-unit Breckenridge Apartments, as well as facilitated financing for the buyer, 3rd Ave Investments.

DC Condo Asset Receives $35M Construction Loan

HFF represented the borrower, a partnership that intends to use the financing for the development of a 99-unit low-rise in the NoMa submarket.

Another Condo Deconversion in Chicago

CBRE’s Sam Haddadin and Dan Cohen represented the condo association in the $27.2 million transaction in Edgewater Beach. The price-per-unit surpassed market value.

Brooklyn Developer Says Hello to the Bronx

Hello Living will develop 104 units on the former site of a parking lot in the borough’s Morrisania section.

Photo courtesy of Yardi Matrix

On the Market: 4 Interesting Listings for the Week of 11/19

This week’s listings include value-add investments from the beaches of Oahu to the suburbs of Los Angeles, with a large-scale opportunity near the University of Illinois.

Nashville Is Thirsty for Condos

CA South Development Founder Meg Epstein makes the case for condominiums as a better investment than apartments in the growing metro.

Boston Waterfront Condo Nearing Completion

The 50-unit luxury building developed by Seascape Development LLC and Delphi Construction overlooks the Fore River and Hingham Bay.

Miami Luxury Project Tops Off

The first residential project in the Western Hemisphere designed by the celebrated Renzo Piano Building Workshop will offer 66 apartments with amenities such as a swimming pool, concierge services and a library.