Condo
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.
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.