Luxury
Tempe Luxury Property Trades for $73M
Transwestern Development built the 290-unit Vela Apartments in partnership with a private investor. The developer obtained $34 million in construction financing from Bank of the Ozarks.
Newman Garrison + Partners Bringing TOD to CA
Construction on the 352-unit project in Woodland Hills is expected to commence in 2019 and is slated for completion by 2022.
Luxury Community Breaks Ground in South Austin
The 300-unit development is owned and managed by Oden Hughes, and is scheduled to open in 2019. This is the company’s sixth residential project in the area.
Cogswell Lee Tops Out on Lower Manhattan Condos
Gluck+ designed the seven-story boutique property, which will offer 45 luxury units on the former site of the Lower East Side’s last matzo factory.
Seattle Senior Housing Lands $115M
Columbia Pacific Advisors has received financing for 620 Terry, a 243-unit development that will include a concierge, a club room and a theater.
Florida Keys Development Selects Management
The luxury condominium project, currently under construction 50 miles south of Miami, is nearing completion and will feature 27 units.
BEB Capital Grabs East Harlem Community
The eight-story luxury apartment development, which opened in East Harlem in 2016, contains 29 units above one street-level retail space.
Pinnacle Chosen to Manage Denver Luxury Community
TIAA acquired the 1,184-unit, garden-style property in 2005, for more than $175 million. The Highlands Ranch asset is located two miles west of Interstate 25.
Samuels & Associates, Landsea Debut Boston Luxury Tower
Designed by Arquitectonica, Pierce Boston features 240 apartments, 109 condos and 20,000 square feet of ground-floor retail and dining.
Golub & Co., USAA Buy Chicago’s Century Tower
The joint venture plans to renovate the historic building and transform the existing 292 condominiums into luxury apartments.