Luxury
LMC Breaks Ground on Luxury Connecticut Community
The subsidiary of Lennar Corp. has started work on The Smyth, a 414-unit multifamily property that will rise 15 stories in central Stamford. The building is scheduled to welcome its first residents in 2021.
Top Multifamily Completions in Austin
Developers delivered more than 7,800 units to the city’s housing stock in the 12 months ending in May, with the bulk designed for the upscale Lifestyle segment, according to Yardi Matrix.
Top Multifamily Completions in Las Vegas
As rent growth remains among the strongest in the nation, developers are warming up to the metro’s suburban areas, expanding rental product in the area.
Trammell Crow Residential Breaks Ground on CA Luxury Development
The $90 million Alexan Downtown Danville will feature 144 units and is the first new apartment property of scale approved for Danville, Calif., in decades.
FirstService Tapped to Manage Dallas Community
The company was selected by Trammell Crow Residential to oversee the 150-unit Carlisle & Vine, a recently built luxury rental property located in the city’s Uptown neighborhood.
Work Starts on $100M Tampa Luxury Project
Index Investment Group has teamed up with local developer Richard Coley to bring a 444-unit apartment community to the Gulf Coast.
MLA Properties Buys Charlotte-Area Apartments
The company’s first investment in the metro includes 260 recently completed Class A units situated 15 miles southwest of the city center.
Estate Investments Group Tops Off 2 Miami Communities
The properties total 517 units, broke ground last year and are slated for completion in November 2019 and January 2020, respectively.
Condo Prices Tick Up in Downtown Miami
Americans are buying more condos as foreign capital eases back, while multifamily developers rush to meet rental demand, according to a new report by the Miami Downtown Development Authority.
San Diego Mixed-Use Community Lands $21M Refi
The proceeds of the 10-year, fixed-rate commercial financing arranged by HFF will be used to refinance an existing construction loan for The Californian, a luxury property in the city’s Point Loma suburb.