Luxury
Miami Luxury Development Receives $58M Loan
Estate Investment Group secured the construction financing through Florida Community Bank. The community dubbed Soleste Twenty2 is slated for delivery in mid-2019.
JPI Continues Dallas Investment
The company broke ground on a 409-unit luxury community, which will comprise approximately 300,000 square feet of office space and 22,000 square feet of retail.
Downtown Phoenix’s 2nd Tallest Residential Tower Underway
Parallel Capital Partners sold a one-acre parcel within Arizona Center to North American Development Group. The company intends to build there a $100 million, 30-story tower.
Top 10 Largest Multifamily Completions in the Midwest
From Chicago to Omaha, multifamily activity across the area has been quite dynamic during the last 12 months, with tens of thousands of units being added to the inventory.
AIMCO Extends Philly Footprint With $445M Portfolio Buy
The company acquired six communities in the metro with a total of 1,116 units from Dranoff Properties. The deal is expected to close in the second quarter of this year, except for the purchase of one property that is expected to close in the first half of 2019.
Loukas Development Tops Off Chicago Mixed-Use
Designed by bKL Architecture, the 12-story Van Buren will comprise 148 luxury units and 7,500 square feet of ground-floor retail space.
The Related Group Unveils Atlanta High Rise
Icon Midtown, the company’s third completed Icon tower this year, includes 390 units and an amenity deck that features a pool and a game area.
Downtown Baltimore’s Luxurious Metamorphosis
The conversion of historic office buildings into upscale apartments is reshaping the metro’s core. Greater Baltimore Committee President & CEO Donald Fry reveals how the area has become the city’s fastest-growing residential neighborhood.
Spaces Starts Pre-Leasing Upgraded Chicago Apartments
Hazel Place, a 15-unit multifamily property located in the Buena Park neighborhood, is one of the first luxury communities built in the area in the 1900s.
Manhattan Luxury Condos Land $155M Financing
Sumaida + Khurana and LENY’s 35-story project will be the award-winning architect Alvaro Siza’s first U.S. development and will include 83 highly amenitized units.