Luxury
Cortland Buys Phoenix Community for $62M
Walker & Dunlop originated a nearly $55 million, 10-year acquisition mortgage through Freddie Mac for the 368-unit Class A property.
Friedkin Realty Group Buys 2 Long Island Communities for $151M
The purchase of The Allure and Hudson House in Mineola marks the highest price per unit achieved in Nassau County.
Elion, Buchanan Partners Break Ground in Suburban D.C.
The 254-unit luxury community is slated for completion in 2020 and will feature a plethora of high-end amenities. The developer will seek to obtain National Green Building Standard certification.
HFF Secures $31M Loan for Chicago Community
The luxury property is part of developer PMG’s national portfolio of X Social Communities, a new concept meant to provide a high-class lifestyle at an accessible price point.
StreetLights Residential Opens Dallas Luxury Community
The Christopher represents the second phase of RED Development’s project The Union, a mixed-use property located in the city’s Uptown area.
Shea Apartments Opens New Denver Community
Tangent is located in the Denver Tech Center, which include various jobs, entertainment and recreation opportunities. The community includes a mix of luxury amenities.
Atlanta Luxury Project Lands $37M Financing
Working on behalf of Grubb Properties, Greystone Bassuk arranged the construction loan for the redevelopment of a 246-unit community in the city’s Grant Park neighborhood.
CBRE Arranges $700M Refi for National Portfolio
The nine Class A+ assets in the Modera collection are owned by a partnership of Rockwood Capital Corp. and Mill Creek Residential.
FL Luxury Asset Commands $108M
Walker & Dunlop arranged both the sale and a $65.2 million Freddie Mac loan for the 348-unit Hermitage Apartment Homes in St. Petersburg, which was acquired by Brass Enterprises.
LMC Breaks Ground on NC Luxury Community
The Ellis is a mixed-use infill urban development featuring 549 high-end units and some 20,000 square feet of retail space in Uptown Charlotte.