Featured
Sterling at Silverleaf Phase Two Coming to Scottsdale
Plans were finalized in mid-January for phase two of Sterling at Silverleaf in Scottsdale, Ariz. A dozen luxury villas starting at $2.2 million will break ground in early spring, with a phase three of 213 luxury condominiums to follow.
Jefferson Apartment Group to Develop Luxury Community Near Johns Hopkins
Jefferson Apartment Group recently broke ground on a residential community in East Baltimore near Johns Hopkins Medical Center.
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.