Featured
Related Companies and The Beal Companies Sell Boston Penthouse for $6.5M
Related Companies and The Beal Companies announced that the 3,500 square foot Penthouse 1 at The Clarendon has been sold for $6.5 million, or $1,834 per square foot. This represents the first collaboration between the two companies.
The Enclave Gains an Annex in Suburban Milwaukee
As the charming, old-line community on Milwaukee’s western doorstep, Wauwatosa, Wis., savors an enviable distinction. That made it an appealing location for The Enclave, a 152-unit luxury apartment community that opened last year, and The Annex @ Enclave, a 40-unit extension of The Enclave.
Alliance Residential Company Sells Seattle’s Domaine
Alliance Residential Company has sold Domaine, a 92-unit multifamily community in Seattle it acquired in 2009, to a public REIT.
Public/Private Financing Unveiled for Brooklyn Apartment Project
1133 Manhattan Avenue, a mixed-use development by the Domain Cos. in Greenpoint, Brooklyn, is a step closer to realization with financing through the New York City Housing Development Corp. and by Goldman Sachs.
Irongate Acquires $98.65M Portfolio
GFI Capital Resources, investing through its Irongate Realty Partners brand, has acquired three class A communities in Kansas City, Kan., for $98.65 million.
Champion Buys Burbank Apartments for $15.6M
Champion Real Estate Cos. has acquired Villa 600, a 62-unit apartment building at 600 E. Olive Ave. in Burbank for nearly $15.6 million. The asset was built by architect August Bacchetta in 1973 and was owned by the original builder’s family until the recent sale.
Anaheim Luxury Apartment Community Opens for Leasing
Vivere Apartments, a 92-unit apartment community in Anaheim, Calif., has opened for preview leasing.
Groundbreaking Ceremonies Herald Start of Old Colony’s Phase Two
Groundbreaking ceremonies were recently held to mark the construction start on Phase Two of The Homes at Old Colony Redevelopment Project in South Boston.
Mid-20th Century Military Barracks Restored in North Georgia
In planning a new “military education precinct,” administrators at North Georgia College & State University had slated historic Gaillard Hall, built in the early 1950s, for demolition. But Atlanta architectural firm Lord, Aeck & Sargent convinced the institution to save, restore and rehabilitate the structure.
Ground Broken on Hudson Yards, The Largest Undeveloped Property in Manhattan
Construction began today at Hudson Yards, formerly the largest undeveloped property in Manhattan. Related Companies and Oxford Property Group broke ground on the site, which, when completed, will feature retail space and 5,000 residences.