Condo
TODAY’S DEALS: 52-Story Condo Breaks Ground in San Fran
Principal, Urban Pacific begin a phase II condo project; Marcus & Millichap sells a 212-unit asset near Houston; and Walker & Dunlop closes on a $5.6 million loan.
Purchase of 71 Laight St. to Result in Luxury Condo Development
With the purchase of the landmarked 71 Laight St. by real estate firm Taconic Investment Partners and certain funds managed by Oaktree Capital Management, plans are underway to incorporate the existing building into a newly built luxury, loft-style condominium to open in 2014.
Brooklyn to Get Hotel and Condos in One Community
Recently, Toll Brothers City Living and Starwood Capital Group announced that they have been selected to develop a luxury and eco-friendly hotel called 1 Hotel, and condominium community at the Brooklyn Bridge Park.
Two-Day Art Sale and Celebration at Premier Midtown Condominium Raises Over $250,000 to Support Fight Against AIDS
More than 250 art enthusiasts recently visited the 60th floor penthouse at 400 Fifth Avenue, the luxury condominium tower atop The Setai Fifth Avenue, to celebrate art and make a difference in the fight against AIDS.
NAHB Says Condo Market Shows Improvement
The National Association of Home Builders announced that the Multifamily Production Index, or MPI, reached its highest rating since the third quarter of 2005.
MHN Interview: Rose Associates’ Unique Approach to Developing The Sheffield
MHN talks to Jack Levy of Rose Associates, who explains why, unlike with most buildings, The Sheffield’s amenities were developed last.
TODAY'S DEALS: Kennedy Wilson Lands Bay Area Asset
Kennedy Wilson acquires a 544-unit asset in the Bay Area; Marcus & Millichap arrange a 152-unit Class A sale in central Texas; and the Bruckal Group acquires a condo conversion in Tempe, Ariz.
Former Atlanta Condo Building Begins Life as a Rental Property
Once upon a time, condo conversion meant taking a rental property and selling off the units piecemeal. More recently, conversion has gone the other way: condos that never sold because of the recession are becoming rental units.
DelShah Buys $11M Debt on Manhattan Condo Building
DelShah Capital has bought the $11 million first mortgage on 11 East 36th Street in Manhattan from First Central Savings Bank.