Luxury
894-Bed Student Housing Asset Trades in Orlando
Inland Private Capital Corp. sold The Retreat at Orlando on behalf of one of its 1031 investment programs. Completed in 2014, the community primarily serves University of Central Florida students.
Manhattan Luxury Condos Land $168M
The Continuum Co.’s Madison Square Park Tower recorded intense sales activity, with 58 out of 83 units already sold for a combined $400 million.
JVM Acquires Luxury Kansas City Community
The 340-unit property is located near the city’s Power & Light District as well as the CBD and represents JVM’s ninth high-end asset in Kansas City.
On the Market: 5 Interesting Listings for the Week of 6/4
This week’s listings include an upscale community six miles from the Las Vegas Strip, a privately owned property in Phoenix’s growing South Mountain Village area, and more.
Melo Group Scores $85M Financing for Residential Towers
Ocean Bank provided the funding for construction of a residential complex comprising two 34-story towers and 667 units in the heart of downtown Miami.
Transcontinental, Adobe Break Ground on Dallas Community
The Lakeside Lofts luxury community will be situated within the Mercer Crossing mixed-use development, which is set to encompass 1,200 acres of office, restaurants, hotels and single family homes.
Atlanta Investor Expands in San Antonio With Foreign Funds
Benimax increased its San Antonio footprint with the acquisition of its second multifamily property, in a deal arranged by ARA Newmark.
Top 10 Twin Cities Multifamily Transactions
The market’s strength has attracted a number of out-of-state investors such as TIAA, FPA Multifamily and Mapletree US Management that paid significant prices for top communities in the area.
Philadelphia’s 10 Largest Communities Under Development
From Center City to the suburbs, developers find rising demand for live-work-play environments. Luxury high-rises, student housing and creative redevelopments lead the list.
Las Vegas-Area Luxury Community Fetches $59M
JLL Managing Directors John Cunningham and Charles Steele arranged the sale of the 366-unit asset on behalf of The Bascom Group.