Luxury
Nashville’s 2nd Tallest Building Refinances
TIAA provided Giarratana Development with a $77 million loan for the high-rise, which contains 350 apartments in addition to condominium units, a hotel and retail on the lower floors.
Minneapolis’ Tallest Luxury Condo Tower Breaks Ground
Setting a record for the state, the 41-story high-rise has received nearly $190 million in financing from Related Fund Management and Bank OZK.
Waterton Pays $63M for East Bay Luxury Asset
The firm has expanded its footprint with the acquisition of a 147-unit community in Hercules, Calif.
Mack-Cali Chalks Up $820M in Boston, New Jersey Trades
The REIT has completed the $409 million purchase of Liberty Towers in Jersey City as part of a 1031 exchange.
JV Lands $102M Loan for Phoenix Community
A partnership of PMG and Raven Capital Management is developing 200 W. Monroe St., a mixed-use community slated for completion in 2021.
Chicago’s The 78 Gets in Gear
Related Midwest’s Curt Bailey tells how the $7.2 billion megadevelopment will reshape the workplace and urban living in the Windy City.
Stockbridge Pays $104M for Bay Area Property
The luxury residential property is located within walking distance to a future BART train station.
Manhattan Communities Get $119M Refi
The owner secured the Fannie Mae financing in preparation for the expiration of the city’s 421a tax abatement program.
Chicago’s 200 Squared to be Converted to Apartments
Managed by Lincoln Property Co., the 42-story downtown tower currently offers corporate housing.
JVM Buys 2nd Chicago Community In 2 Weeks
Following the acquisition of the 254-unit suburban luxury property, the buyer now owns and operates five assets in the metro.