Condo
Penzance Targets Metro Washington with $255M Fund
For its first private-equity fund, the investor-developer anticipates parlaying capital into a portfolio valued at $800 million to $1 billion
Boston Waterfront High-Rise Receives Financing
HFF has facilitated $341 million in construction financing and joint venture equity for Cronin Development’s luxury condominium tower, which is underway in the Seaport District.
Boston Luxury Property Gets $294M
Cronin Development is moving forward with construction of the 22-story, 144-condo project, The St. Regis Residences, Boston, and expects it to be completed by 2020.
JV Launches Sales at NYC Condo
Tamarkin Co. and CL Investment Group’s 13-unit building on the Upper West Side was previously a private school.
DMG Investments Opens Luxury NJ Condos
One Park, located in Cliffside Park, offers 204 apartments with access to amenities such as a squash court and a heated pool.
South Florida Beachfront Ultra-Luxury Condo Gets $558M
The Estates at Acqualina received the construction financing from Bank OZK, allowing The Trump Group to continue development of the $1.5 billion oceanfront condo tower project in Sunny Isles Beach.
Fortis Property Group Gets $66M for NYC Condos
NKF Capital Markets secured the mezzanine loan for 1 Seaport, a 60-story, 98-unit luxury asset overlooking Manhattan’s East River in the Financial District.
GAIA Acquires 90 Condo Units in Manhattan
The firm paid $53 million for the apartments located within Bridge Tower Place, a luxury building on the Upper East Side.
Coral Gables Luxury Condo Opens Its Doors
The 33-unit Giralda Place Residences is part of a mixed-use development combining residences, ground-floor retail and office space in downtown Coral Gables.
Kolter Urban Tops Off Palm Beach Luxury Condo Tower
The 48-unit project dubbed 5000 North Ocean is scheduled for delivery in the fall of 2019. KAST Construction serves as general contractor.