Luxury
JV Breaks Ground on Minneapolis Community
The 200-unit LakeHaus project is being converted from a 1950s office building into a luxury community near Lake Calhoun.
Trez Forman Provides $49M Loan for South Florida Project
The 15-story, 247-unit luxury multifamily property in Hollywood, Fla., is moving forward under new ownership after it was stalled for several years.
Orlando Luxury Asset Commands $65M
Redwood Capital Group acquired the recently opened 289-unit property from LeCesse Development, assuming the remaining balance of the developer’s construction loan.
Nashville Community Sells for $80M
Crescent Communities sold the newly built 275-unit multifamily asset to Dinerstein Cos., with the property’s 2.1 acres of land selling to iStar.
Journal Squared’s Tallest Building Underway in Jersey City
Construction is in progress at Kushner Real Estate Group’s 71-story, 704-unit tower that’s part of the three-building Journal Squared project in New Jersey.
Luxury Tower Completed in Manhattan
Torkian Group’s 223-unit residential building near the Empire State Building features a complex cantilevered design. The project’s location near rail tunnels and Penn Station posed logistical challenges for Cauldwell Wingate, the project’s construction manager.
IPA Brokers Knoxville Senior Living Community Sale
The Marcus & Millichap division worked on behalf of the seller in its disposition of Northshore Heights, a 69-unit assisted living and memory care facility.
Praedium Group Expands Jacksonville Footprint
The firm has almost doubled its profile in the city with the nearly $47 million acquisition of the 246-unit luxury community.
Essex Realty Sells Chicago Community
Partners Jim Darrow and Jordan Gottlieb represented the seller, JAB Real Estate, in the $24.5 million 1031 exchange transaction.
Wood Partners Opens Fort Lauderdale Community
The developer broke ground on the 310-unit luxury asset in late 2016, financing the project with a $58 million construction loan from BMO Harris Bank.