Condo
Manhattan Luxury Asset Gets $200M Refi
Greystone Bassuk arranged the 10-year, fixed-rate loan for the property’s owners, a joint venture between Taconic Investment Partners LLC and Mitsui Fudosan America Inc.
NYC Firm Launches Investment Platform
Hello Vision will provide financing for ground-up and renovation development projects, as well as invest in multiple asset categories.
Luxury Condo Building Tops Out in Fort Lauderdale
The eight-story community on Florida’s Intracoastal Waterway is scheduled for completion this summer. Sobel Co. is the project developer.
Seattle Tower Project Secures $185M
Square Mile Capital originated the loan for the 352-unit development on behalf of a joint venture between Laconia Development and Vanke Holdings USA.
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.