Luxury
Detroit to Welcome $102M Brush Park Developments
Brush House, Brush 8 and Brush + Watson will bring 367 new units to to the city’s historic neighborhood. About one third of the units will be affordable.
Berkadia Secures FL Student Housing Sale
The 200-unit community serves Florida Gulf Coast University. A joint venture between Coastal Ridge Real Estate and H. Katz Capital purchased the asset.
Luxury Denver-Area Community Lands $119M
HFF arranged the five-year, floating-rate loan to replace the existing construction financing for The Forum Fitzsimons, a 397-unit mixed-use property in Aurora.
Luxury Condo Development Coming to Denver’s LoHi
The property is set to include 44 units and 4,200 square feet of street-level retail. The community was 35 percent pre-sold at the time Knighthead Funding provided construction financing.
LMC Breaks Ground on Atlanta Mixed-Use Community
The 21-story Gentry will comprise 290 units and 6,000 square feet of street-level retail. First move-ins are scheduled to begin in mid-2020.
Luxury Tower Trades for $131M in Downtown Denver
Northland Investment Corp. purchased the 31-story building as well as a 0.8-acre parcel for future development. The property was 93.4 percent occupied as of June.
Inside 100 Norfolk—Manhattan’s New Glass-and-Truss Stunner
Follow Douglas Elliman Broker Ariel Tirosh on a virtual tour of the luxury condo building, situated near the upcoming Essex Crossing mixed-use development.
San Diego Community Changes Hands in All-Cash Transaction
Located in the Little Italy neighborhood, the 40-unit luxury community traded for $21.3 million. The asset includes a 2,475-square-foot ground floor retail space.
On the Market: 5 Interesting Listings for the Week of 7/16
This week’s listings include a newly constructed luxury community in Boston, a 1920s-era property in Los Angeles and more.
AHV, Bristol Group Begin Construction on TX Single-Family Community
Pradera in San Antonio will offer 250 luxury homes, as well as a swimming pool, a clubhouse and a dog park. Pre-leasing is set to begin during the third quarter of 2018.