Luxury
South Florida Beachfront Ultra-Luxury Condo Gets $558M
The Estates at Acqualina received the construction financing from Bank OZK, allowing The Trump Group to continue development of the $1.5 billion oceanfront condo tower project in Sunny Isles Beach.
On the Market: 5 Interesting Listings for the Week of 10/1
This week’s listings include a recently renovated community across the street from the University of Miami; an historic five-story building in downtown New Britain, Conn.; and a Spanish Colonial Revival-style property in West Hollywood, Calif.
Greystar Unveils San Francisco-Area Property
Huxley is located in downtown Redwood City and has been under construction since the fall of 2016. The community offers 137 luxury units.
Luxury Community Across from Wrigley Field Opens
M&R Development and Bucksbaum Retail Properties developed The Residences at Addison & Clark, a 148-unit luxury property in Chicago’s Lakeview neighborhood.
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.