Luxury
Fairfield Obtains $66M for WA Luxury Development
The downtown Redmond community will comprise 360 high-end units, 36 of which will be income-restricted. Amenities include a fitness area, a Wi-Fi lounge with co-working space and a bicycle storage area.
ZOM Living to Break Ground on Luxury Chicago Property
The 357-unit community is Union West in the Loop downtown district. It will consist of two Class AA, Green Globes-Certified residential towers atop a three-story podium.
Pinnacle Lands Management of DFW Community
The 273-unit luxury property, which opened at the end of 2016, features a mix of one- and two-bedroom apartments across 10 buildings.
Watercrest Opens New FL Luxury Assisted Living Facility
Located halfway between Miami and Orlando, Watercrest St. Lucie West offers 102 assisted living and 26 memory care units, along with resort-style services.
Southern Land Updates $300M Philly Plan
Slated to be the city’s tallest residential only building, The Laurel will feature 54 condos, and long- and short-term units with separate lobbies and entrances.
Ft. Lauderdale Class A Asset Trades for $53M
Urban Street Development and Fazio Properties recently completed 191-unit luxury community, which is in the city’s urban core. The property was 95 percent leased at the time of the sale.
JV Lands Equity, Construction Financing for Brooklyn Development
Lonicera Partners and Orange Management secured the $42.1 million, which was facilitated through JLL’s capital markets group, for a mixed-use luxury condo building.
HFF Secures Financing for 2 Dallas Assets
Greystar is developing two residential projects in North Dallas, including a 180-unit luxury townhouse property and a 197-unit age-restricted community.
The Midwest—The Hottest Market for Smart Communities
Smart home systems are a perfect differentiator for many developers and managers. With many new smart communities popping up across Midwestern cities, we’ve asked IOTAS CEO & Founder Sce Pike to discuss the attractiveness of smart projects in this region.
Construction Begins on $150M Santa Monica Mixed-Use
Developed by Century West Partners, The Lincoln Collection will comprise 282 units within two contiguous buildings and 25,000 square feet of ground-level retail.