Luxury
StreetLights Residential Breaks Ground in Northwest Austin
The Elizabeth at Presidio, a 373-unit luxury community, marks the firm’s second asset in the area and is situated within walking distance of the Lakeline Metrorail commuter station.
Stellar Management Launches Brooklyn Luxury Condo
The company’s first solo ground-up development, the 197-unit, eight-story partially affordable OTTO in Brooklyn, will soon welcome its first residents.
Olympus Property Launches 8th Fund
The firm added 869 units to its portfolio with the purchase of Olympus Steelyard in Chandler, Ariz.; Sundance Creek in Midland, Texas; and Sedona Ranch in Odessa, Texas.
Luxury Taking the Lead in Ft. Lauderdale
The development team of Auberge Beach Residences and Spa spoke to Multi-Housing News about their new luxury project scheduled for completion in the following months.
NorthMarq Capital Arranges $14M Refi for Phoenix Luxury Property
Union at Roosevelt, an 80-unit luxury community just north of the city’s downtown, was completed in 2017 and reached full occupancy in March.
Brack Capital Completes NYC Condos
Designed by Gottesman Architecture and GSArch, former print house 90 Morton Residences includes 35 units, a private car drop-off, a cold storage room and an indoor pool.
Luxury SoCal Development Lands Management
The Trails at Canyon Crest, a 216-unit community, broke ground in October 2017. Construction is anticipated to finish early next year.
Luxury San Antonio Community Changes Hands
The NRP Group has sold The Flats at Big Tex, a 336-unit property on the River Walk.
Miami Beach Condo Project Receives $137M Loan
Kasowitz Benson Torres’ Douglas Heitner, Erik Nygaard and Albert Delgado represented JDS Development Group in the transaction. Jerold Feuerstein of Kriss & Feuerstein worked on behalf of the borrower, Madison Realty Capital.
Roseland Residential Opens NJ Luxury Community
A former office building, Signature Place in Morris Plains includes 197 units and golf simulators, a tennis court and a movie theater.