Condo
Multifamily Developers Advance Plans for Nearly 500 Units
Two new projects took major strides this month. Together, they will bring almost 500 units to the Greater Cincinnati area.
Luxury Oceanfront Condos Approved by Long Branch Planning Board
The planning board of Long Branch, N.J., has granted approval for South Beach at Long Branch, a luxury oceanfront condominium project to be developed by Montville, N.J.-based FEM Real Estate.
Condo Construction Financing Making a Slow but Steady Comeback in Miami
The recent recession hit the real estate industry hard. Miami’s multifamily residential construction scene was no exception; however, the condo market is beginning to bounce back.
Oyster, Tricon Bag $143M Construction Loan for SF Condo Development
Oyster Development and Tricon Capital have obtained a $143.5 million construction loan on their condo project, Rockwell, which is at 1634-1690 Pine St. in San Francisco.
Corigin and East Florida Begin Work on Upper East Side Condos
20 East End Avenue, a condo development on the Upper East Side of Manhattan, is approaching completion. The 17-story building, developed by Corigin Real Estate Group and Florida East Coast Realty, will feature 43 units, with sales managed by Corcoran Sunshine Marketing Group.
Condo Conversion of Federalist Era Mansion Nearly Complete
Pre-sales for condominiums in The Maples, a Federalist Era Washington, D.C., mansion originally built by William Mayne Duncanson, have reached 70 percent according to the property’s exclusive sales and marketing firm, Urban Pace.
BrookeChase Properties Plans Two Apartment Project for Downtown Matthews
The town of Matthews, NC could soon gain two new apartment communities in the downtown core.
Deco Plans Another Condo Development in Scottsdale
Locally based Deco Communities has closed on a 2.4-acre site in Scottsdale, Ariz., that will be home to a new, 100-unit, to-be-named condominium project.
Condo Prices Skyrocket in Downtown Miami
As the current wave of development nears the halfway point, downtown Miami condominium prices are soaring. Prices for existing (prior cycle) resale condo units in the city’s downtown district have ballooned 75 percent over the past 24 months.
Condo Prices Rising Again in Trio of West Coast Cities
Condominium prices rose again in June in downtown Los Angeles, San Francisco and downtown Seattle, according to The Mark Company’s Condominium Pricing Index.