Luxury

Predictions for the 2018 Luxury Market

David Amirian, CEO & founder of The Amirian Group, discusses the development trends he foresees in the coming year.

Q East Development in CA Secures $60M

George Smith Partners arranged the loan on behalf of California Home Builders for the construction of a mixed-use project including 241 units and 34,139 square feet of commercial space.

Northland Expands Austin Portfolio

The private owner acquired a 430-unit community in the Oak Hill submarket, bringing its ownership in the city to 19 properties totaling 7,040 units.

27-Story Atlanta Tower Tops Out

Gilbane Building Co. has reached the final phase of construction on 1000 Park Avenue, a 267-unit project. It is scheduled to open in May 2018.

Woodmont Breaks Ground on Luxury NJ Community

Woodmont Bay Club Bayonne will comprise 220 units spanning four acres. Construction is slated for completion in the spring of 2019.

923-Unit Community to Be Developed in LA

Newman Garrison + Partners along with Lincoln Property Co. have developed plans to construct Elysian Park Lofts, a TOD development in Los Angeles.

Age-Restricted Community Sells for $35M

Marcus & Millichap represented the seller and procured the buyer in the sale of a 115-unit community in Rancho Santa Margarita, Calif.

Avana West Lemmon, at 3600 Wheeler St.

Greystar Sells 372-Unit Dallas Luxury Asset

The property represents the first disposition made by Greystar Equity Partners VIII. Avana West Lemmon is situated in Uptown Dallas, near multiple shops and restaurants.

The Altman Cos. Opens New Altís-Branded Community

The South Florida luxury apartment community features an energy-efficient design and amenities including a spa, salt water pool and 24-hour fitness center.

Mill Creek Starts Preleasing at The Griffith

The 220-unit apartment community in Glendale is within 20 minutes of downtown Los Angeles. The area hosts employers such as Disney’s Grand Central Creative Campus and DreamWorks Animation.