Luxury
Skanska Tops Off 12-Story RESA Community in NoMa
RESA is a 326-unit luxury development constructed along the NoMa Meander, a four-block pedestrian promenade connecting New York Avenue and Pierce Street.
Kidder Mathews Arranges Sale of OC Community
Waterford Residential bought the property located in Newport Beach, Calif., from a private investor.
Lotus Capital Arranges $237M for London Apartments
Proceeds from the financing will pay off an existing construction loan and cover carrying costs for Belgravia Gate, a row of townhouses converted to 12 luxury units.
San Diego Community Opens, Lands New Management
The 97-unit multifamily property in the city’s southern suburbs, 15 miles from downtown, contains a mix of one- and two-bedroom apartments.
Socal Asset Sells for $75M
The Bascom Group bought the 235-unit, Class A property, and CBRE secured debt financing for the acquisition.
Developers Break Ground on Atlanta-Area Luxury Community
Located at the intersection of Newnan Crossing Boulevard East and Lower Fayetteville Road, the property will feature studio, one-, two- and three-bedroom units.
South FL Condo Market on the Upswing in Dania Beach
Stuart Meyers, chairman & CEO of Meyers Group, talked to Multi-Housing News about Broward County’s rising condo market and how Dania Beach is appealing to developers.
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.