Luxury
GMH Capital Partners Opens PA Upscale Asset
The Pendleton at Cranberry Woods is 25 minutes north of downtown Pittsburgh and offers 320 units.
CAPREIT Debuts Luxury Baltimore Community
The company will manage the 103-unit Nelson Kohl, which was developed by SAA Ernst Valery Investments. Amenities include a sky lounge, dog run and fitness center.
Tishman Speyer to Develop 480-Unit Brooklyn Tower
The luxury community 11 Hoyt, the company’s first ground-up New York City condo project, will feature 190 floorplans and on-site parking.
Top 10 Apartment Owners in Richmond
After lagging the nation for most of 2017, rent growth in the city started rebounding last December. Upscale demand is driven by large commitments made by tech companies in the area, bringing in new multifamily construction.
Paramount Assets Reaches Halfway Point on NJ Luxury Mixed-Use
William Flats is an adaptive reuse of the former United Women’s Garment Workers’ Union headquarters in Newark and is scheduled for completion by October 2018.
On the Market: 5 Interesting Listings for the Week of 4/2
This week’s listings include a historic luxury community in Iowa and a property near Lake Michigan’s southernmost point.
Luxury AR Community Lands $20M Refinancing
Richardson Properties’ The Pointe at Bentonville includes 170 units, a movie theater room, tanning rooms and a dog park.
Opus Group Begins Construction of Chicago Mixed-Use
The six-story project will comprise 164 units and 7,600 square feet of Class A retail space. Completion of the community is scheduled for spring 2019.
Luxury Hampton Roads Community Selects Management
The development, planned to encompass approximately 500 upscale apartments near Dollar Tree’s future headquarters, will also include 50,000 square feet of retail.
HFF Secures $86M Financing for Manhattan Luxury Community
The company arranged the loan on behalf of Joy Construction, Maddd Equities and the family of the late Lewis Katz for the refinancing of The Lewis, a 186-unit luxury building in the growing Hudson Yards neighborhood.