Luxury
SunTrust Provides $75M Loan for Tampa Project
The Related Group broke ground last year on the 396-unit luxury waterfront community, Town Westshore. The four-story development will include a health spa.
Luxury Nashville Community Sells for $69M
KeyBank provided buyer Bluerock Real Estate with a seven-year, $48 million Freddie Mac acquisition financing package for the 334-unit Class A community.
Related Group’s Jon Paul Perez Talks New Projects, Markets
Related Group’s Vice President discusses recent and upcoming projects, as well as the company’s strategy to address Miami’s demand for smaller units and the metro’s affordable housing shortage.
BH3 Buys $195M Loan on Distressed NYC Skyscraper
The real estate investment firm has taken over the defaulted mortgage on 125 Greenwich St., an 88-story luxury condo tower in Manhattan’s Financial District that topped out earlier this year.
Luxury Senior Living Community Opens in Kansas City
Tiffany Springs has 172 independent living units available, with 89 memory care and assisted living apartments to open later in August.
Spectrum Sells Charleston Luxury Community for $51M
The 274-unit high-end property is within walking distance from the new Publix-anchored shopping center, part of Point Hope Commons. Capstone Apartment Partners negotiated the deal.
Davlyn Investments Buys SoCal Apartments for $60M
The 187-unit luxury community is the buyer’s latest Inland Empire acquisition, following the $35 million purchase of 125 units in November.
Pacific Urban Residential Expands in the Northeast
The Palo Alto, Calif.-based firm acquired AVA Stamford, an 18-story luxury tower in downtown Stamford, Conn., from AvalonBay Communities.
RKW Residential Takes On 1,804 Units in the South
The company has been tapped to oversee eight prime communities in North Carolina and Florida, bringing its nationwide portfolio to roughly 18,000 units.
Holland Partners Sells Downtown LA Towers for $403M
Daydream Apartments has scooped up the pair of newly built, luxury apartment buildings, The Grace at Spring and The Griffin at Spring, which total 575 units.