Luxury
Gebroe-Hammer Arranges $32M Multifamily Sale
A team of brokers that included Greg Pine, Stephen Tragash and Eli Herskowitz represented Woodmont Properties in selling its Bridgewater, N.J., development.
Optima Breaks Ground on Luxury Community in AZ
The company has broken ground on phase II of Optima Kierland Center in Scottsdale, which will include 202 units. The project is slated for completion in 2020.
GAIA Acquires 90 Condo Units in Manhattan
The firm paid $53 million for the apartments located within Bridge Tower Place, a luxury building on the Upper East Side.
IPA Arranges $23M Sale of FL Lakefront Development Site
Marcus & Millichap worked on behalf of the seller. The new owner intends to break ground next year on a luxury senior living community.
Summit Contracting Group Breaks Ground on GA Property
Mosby Lakeside in Pooler will have 316 units and include a hammock garden, a kayak and boat house and a fire pit. Construction is slated for completion in the summer of 2020.
Luxury Student Housing Asset in Austin Changes Hands
CBRE’s Jaclyn Fitts, William Vonderfecht, Casey Schaefer, Charles Cirar, Michael Wardlaw and Colin Cannata completed the sale, while Ben Roelke together with Ian Walker arranged the financing.
Cushman & Wakefield to Market Luxury Fort Lauderdale Property
Working on behalf of developer and owner Alliance Residential, the firm will find a buyer for the 394-unit Broadstone Harbor Beach, which offers amenities such as a movie theater and a yoga studio.
On the Market: 5 Interesting Listings for the Week of 9/17
This week’s roundup includes a luxury high-rise in the heart of Miami, a student housing opportunity in Baltimore and an adaptive-reuse property in the Richmond area, among others.
TGM Associates Makes 6th Chicagoland Buy
A former Crossroads Partners asset, the luxury property is located in the North Shore suburb and offers access to more than 100,000 square feet of retail amenities.
HFF Secures $50M Durham Acquisition Loan
The company debt placement team working on behalf of borrower Lantower Residential included Senior Directors Jamie Leachman and Roger Edwards.