Luxury
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.
Timberland Partners JV Open 243-Unit Community in Minneapolis
The development is part of the company’s Green Fourth project, which aims to reduce pollution. G4 includes 66 affordable units.
Wood Partners Starts Upscale Project in Suburban Portland
The company’s fourth community in the Portland area, Alta Civic Station in Gresham, Ore., will offer 318 units and is slated to open in the spring of 2021.
Top 5 Multifamily Transactions in Seattle
The number of multifamily units sold in Seattle during the year’s first six months was up 29 percent year-over-year, with the total sales volume reaching $1.9 billion.
5 LEED-ing Multifamily Projects in CA
Los Angeles, San Francisco and San Diego hold the top spots for LEED-certified multifamily properties in California through the past 12 months.
YOTELPad Miami Ready to Go Vertical
Aria Development Group and AQARAT are the sponsors of the luxury condo-hotel tower, said to be the first East Coast project of its kind. Completion is set for 2021.
FirstService Chosen to Manage Atlanta Luxury Condos
The company will oversee 52 private residences at 1065 Midtown Condominiums, which sit atop a 40-story hotel building and feature floor-to-ceiling glass with views of Piedmont Park.