Luxury
Charlotte Redevelopment Moves Forward
Developer Terwilliger Pappas plans to build a 272-unit apartment community within City Park, a sprawling master-planned community on the former site of an 18,000-seat sports arena.
Luxury Mixed-Use Project Breaks Ground in NY
The 60-unit community is located in the heart of New Rochelle, a suburb of New York City that is in the midst of an ambitious revitalization plan.
Raleigh-Durham Community Sells for $38M
The deal marks Centennial Holding Co.’s second major sale of the year. The firm acquired the asset from Dominion Realty Partners in 2014 for $32.3 million.
Oden Hughes Breaks Ground on Houston Project
The developer began construction of a 380-unit luxury community in the Clear Lake suburb. With MXCAP as a major investor, the project is slated for completion in mid-2020.
Luxury High-Rise Opens in Chicago
The 500-unit community in South Loop received a Certificate of Occupancy for the first 25 floors. The interior finishing work for the remaining apartments is slated for completion in August.
Washington Property Co. Delivers Maryland Project
The 20-story, 338-unit luxury community in Silver Spring is about half leased. The transit-oriented development marks another milestone for the city’s evolving Ripley District.
Colorado Portfolio Sells for $207M
Inland Private Capital Corp. sold the three properties totaling 855 units on behalf of an IRS Section 1031 investment program, bringing liquidity to more than 240 investors.
Bentall Kennedy Buys $110M Denver Community
The company acquired the LEED Gold-certified, 338-unit asset on behalf of its U.S. core fund, as the city’s economic growth drives a robust multifamily market.
Dekel Capital Arranges $41M Loan for MN Community
Central Park West includes a total of 199 units, of which six are affordable, according to Yardi Matrix data. The community is close to downtown Minneapolis.
San Francisco Luxury Tower Changes Ownership
Developed by Crescent Heights in 2016, Jasper is a LEED Silver certified high-rise property close to the city’s Financial District.