News
Ocean Land Set to Begin Work on Fort Lauderdale Condos
Ocean Land Investments has unveiled designs for two Fort Lauderdale condo developments that recently received city approval.
Treetop Enters Philadelphia Market with Acquisition of 502-Unit Community
Treetop Development has purchased Charter Court at East Falls, a 502-unit high-rise community located in Philadelphia.
The $47.3 million acquisition represents Treetop’s first venture in the MSA.
TODAY’S DEALS: Wood Partners, Boston Capital JV Sell Arizona Apartment Asset
Baron Properties picks up an Arizona asset from a joint venture; NorthStar Income II originates a $39.2 million senior loan secured by a Virginia apartment; and Eastern Consolidated markets a Queens, N.Y. beachfront apartment property for $7.9 million.
Carnegie Launches Thermoplastic Wallcovering Collection
Carnegie launches a line of thermoplastic wallcoverings that feature the durability and cleanability of vinyl, without the negative environmental and health concerns of PVC.
FAU Student Housing Community Receives Construction Financing
A partnership between Rosemurgy Properties, Giles Capital Group and Lewis Rental Pro has received construction financing for University Park, a to-be-built, 159-unit, 599-bed student housing community in Boca Raton, Fla.
The Marketing Directors to Provide Leasing and Marketing Services at NYC Community
CBSK Ironstate selects The Marketing Directors as the marketing and leasing consultant for a luxury community to be built at 200 East 39th Street in Manhattan.
SF Development Bags $58M in Pension Fund Investment
101 Polk, an $82.8 million multifamily development in San Francisco, has secured a $58 million financing commitment toward its development from the AFL-CIO Housing Investment Trust (HIT).
Brookfield Multiplex Develops $160M Residential Project in Melbourne
Brookfield Multiplex has completed the construction of the $161 million The Quays residential project in the NewQuay precinct of the Melbourne Docklands.
TODAY’S DEALS: Natixis Provides Post Brothers with $148M for Apartment Acquisition
Natixis provides financing for a Philly acquisition and renovation; Centerline refinances a multifamily property in Oak Park, Ill.; and Eastern Union Funding arranges $8 million in construction financing in Philadelphia.
Shopoff Group’s Uptown Newport Village Poised to Break Ground
The Shopoff Group expects to begin construction this month on a new luxury development called Uptown Newport Village in Newport Beach, Calif.