Luxury
In Case You Missed It: MHN’s Top 5 Posts in February
Miss any of our articles? Catch up with five of our most popular posts for the month.
Top 10 Nashville Multifamily Acquisition Loans
Alongside a banner year for multifamily transactions across the metro, with close to 10,000 units changing hands, lenders have kept pace, originating more than $1 billion in acquisition financing.
Draper and Kramer Bringing New Community to Chicago’s South Loop
The 275-unit development will be located nearby McCormick Square and will be the largest community built in the area since 2010.
TN Luxury Rental Property Breaks Ground
Developed by Fickling & Co. and Novare Group, the 250-unit Lullwater at Hixson community is scheduled for completion by the fourth quarter of 2019.
LaSalle Investment Management Acquires Dallas Property
Drawn to the metro’s growing population and strong job market, the firm has purchased a 152-unit luxury rental community in the affluent Turtle Creek submarket.
AZ Senior Living Community Changes Hands
A Chicago-based private equity fund purchased The Country Club at La Cholla, a 217-unit property in Tucson, from an MBK Senior Living affiliate. CBRE assisted the seller in the transaction.
Nuveen Buys Seattle Portfolio for $245M
The acquisition included two Class A properties—one in Bellevue, the other in the Issaquah submarket—adding up to more than 550 units.
RXR Realty Tops Out Long Island Condo Project
The Beacon at Garvies Point will offer 167 units as part of an 80-acre waterfront development in Glen Cove, N.Y., a suburb of New York City.
Carlyle Group JV Buys Vegas Apartments for $87M
The 456-unit Class A property last changed hands in late 2010, when Fairfield Residential sold it for nearly $47 million.
Luxury Rental Community Opens in Fort Lauderdale
Morgan and institutional investors advised by J.P. Morgan Asset Management opened the 350-unit Pearl Flagler Village, located in one of the city’s most popular neighborhoods.