Luxury

KETTLER Pays $119M for Raleigh-Area Apartments

Pacific Life Insurance provided the buyer of the newly completed 493-unit Class A multifamily asset with $76 million in acquisition financing.

Terra Group Scores $91M Refi for South Florida Community

The recently completed, 387-unit luxury property forms part of Pines City Center, a master-planned village in Pembroke Pines.

$80M Luxury Project Coming to St. Louis Metro

NorthMarq arranged $54.5 million debt and joint venture equity financing for the construction of Wildhorse, an upscale mixed-use property in the St. Louis suburb of Chesterfield, Mo.

Newmark Knight Frank Closes $59M Orlando-Area Sale

Senior Managing Director Scott Ramey and Executive Managing Director Kevin Judd represented Centennial Holding Co. in the disposition of the 304-unit luxury community.

Spectrum Sells Charlotte Apartments for $63M

The sale of the 322-unit Class A community is the seller’s second disposition of a recently delivered asset in the Carolinas this summer.

Cushman & Wakefield Represents Fifield Cos. in Chicago Deal

Jason Stevens and Todd Stofflet arranged the sale of Luxe on Chicago and secured one of the highest per-unit prices in the city’s West Town neighborhood.

Summit Contracting Completes Tampa Luxury Community

The 300-unit multifamily development, located roughly 7 miles east of downtown Sarasota, is the second Volaris-branded property by Waypoint Residential.

Phase 4 of Dallas-Area Community Breaks Ground

High Street Residential and Olympus Property are building Olympus on Broadway, a 383-unit addition to the Union at Carrollton project in Carrollton, Texas.

Passco Buys Georgia Community for $58M

Built in 2016, the fully stabilized Class A property sold by Southeastern Development Associates is located in Augusta, a rising cybersecurity hub.

JLL Income Property Trust Buys Phoenix Community for $72M

Wood Partners sold Summit at San Marcos in downtown Chandler, Ariz. The sale marks the first time the 273-unit luxury property traded since its completion earlier this year.