Condo
Manhattan Sale Prices Drop: CityRealty Report
The study found that the average cost in the New York City borough continues to drop, but downtown is still thriving when it comes to condo, co-op and new development purchases.
JV Secures $155M for Miami Condos
Terra, New Valley, Great Eagle Holdings and Bizzi & Partners secured the construction financing for Eighty Seven Park, a 66-unit tower featuring luxury amenities such as a butler service, juice bar and full-time botanist.
DMG Investments Tops Out on NJ Luxury Condo Asset
While completion of the 204-unit One Park in Cliffside Park, N.J., is scheduled for fall 2018, Halstead Property Development Marketing recently opened an onsite sales gallery.
Miami’s 1010 Brickell to Begin Closings
The 389-unit tower, a partnership of Key International and 13th Floor Investments, underwent 36 months of construction and is currently 99 percent sold.
Lena New Boston Breaks Ground on 41 Mixed-Income Units
The $200 million redevelopment of the former Boston State Hospital site entered a new phase, which will include 22 affordable units. The project is part of Olmsted Green, a 42-acre development in the heart of the city.
NR Investments Tops Off Miami Condos
In a nod to the surrounding artistic influence, one of the newly unveiled features of the tower is a collaborative installation involving 22 renowned street artists.
Ceruzzi Gets Massive Loan for Midtown Manhattan Condos
The company received $300 million for completion of a 72-story building with 124 condos, 7,500 square feet of retail space and a 25-space garage.
$300M Miami Beach Condos Top Out
A joint venture’s 425-unit development, The Harbour, reached new heights as its two towers hit 32 stories, seven higher than the original plan called for.
George Smith Secures Financing for Hollywood Condo Conversion
The $4.5 million loan will be used by Friedman Capital to purchase and transform Patio del Moro into a condominium. The historic asset was once home to celebrities such as Charlie Chaplin or Humphrey Bogart.
Sunset Boulevard Condos Secure $21M Loan
A joint venture obtained the financing for a new-construction condo project in the Silver Lake neighborhood of Los Angeles.