Luxury
Harbor Group Pays $59M for DC Luxury Community
JLL provided nearly $46 million in acquisition financing for the buyer of the 243-unit, Class A multifamily asset.
Cushman & Wakefield Brokers $40M Deal in Chicago’s Fulton Market
Managing Directors Todd Stofflet and Jason Stevens worked on behalf of JP Morgan Asset Management in the transaction. RDG Funds was the buyer.
Final Tower at Optima Sonoran Village Now Complete
In just six months from the opening date, the final tower’s occupancy has already surpassed 77 percent, thanks to the area’s strong multifamily demand.
Oakwood to Manage New Seattle Community
Wilshire Capital tapped the company to oversee Tellus on Dexter, situated in the South Lake Union neighborhood.
Knightvest Expands Phoenix Footprint With $75M Buy
Canadian Imperial Bank of Commerce provided the buyer with more than $57 million in financing for the purchase of the 432-unit Class A multifamily asset.
Time Equities Breaks Ground on Tallest Tower on Michigan Avenue in Chicago
The team behind 1000M also includes JK Equities, Oak Capitals and McHugh Construction Co. Helmut Jahn is the architect of the project while Kara Mann will design the interiors.
Brand Properties Sells Savannah Luxury Community for $48M
The developers built the 235-unit asset within a 300-year old oak grove roughly situated 2 miles from the city’s historic district.
GID Development Begins Phase 2 of Houston Luxury Project
The developer is planning 600 apartments along with retail, restaurants and public spaces at Regent Square.
Berkadia Secures $68M Loan for Cleveland Community
Director Dan Geuther arranged the Freddie Mac loan on behalf of Midwest Development Partners, the developer of Centric Apartments.
JMG Realty to Manage South Carolina Community
The real estate firm will take charge of the 110-unit luxury property to be completed next year in the town of Bluffton.