Luxury
Modern Spaces Tapped to Lease Brooklyn Mixed-Use
The transit-oriented BRiQ features 110 units, 22 of which offer 421-a tax incentives as part of New York City’s Inclusionary Housing Program.
LandSouth Begins Construction on $37M Charleston Community
When completed in December 2019, The Merchant will include 231 units and a pet spa, a bike lounge and a gaming area.
Carmel Partners Trades SF Asset
Pacific Urban Residential paid more than $40 million for the 69-unit property, with Berkeley Point Capital providing acquisition financing for the transaction.
Novare, Mulberry Development Kicks Off VA Community
The 302-unit, transit-oriented Cameron Park will be located in the West End of Alexandria, near the Van Dorn Metro Station.
NYC Community Lands $53M Refi
Walker & Dunlop arranged the 12-year, fixed-rate loan on behalf of the developers, Quinlan Development Group and Lonicera Partners, for 153 Remsen in Brooklyn Heights.
TIAA Grabs Newly Built Austin Asset
Casey Development offloaded the 246-unit Tacara Steiner Ranch, which opened in February. Following the sale, Pinnacle assumed management of the luxury property.
JV Pays $58M for Brand-New Iowa Apartments
Kimberly Development’s sale of the luxury 434-unit Autumn Ridge Apartments in suburban Des Moines will be completed in two phases.
NC Community Receives $24M Refi
Signature Property Group secured the loan to refinance 119 South Apartments, a 264-unit Class A property located in Mebane.
Top 10 Largest Multifamily Completions in Indianapolis
Despite two strong years for inventory growth, demand for new units has continued to grow across the metro, putting pressure on builders. Overall, rental projects have stayed moderate in size—up to 250 units.
Opus Group Delivers Denver Luxury Community
The Centennial property includes 306 units and wraps around a central parking garage, which allows residents to park on the same floor as their apartment.