Luxury
World’s Tallest Residential Building Nabs $1.1B Financing
Upon its completion in 2020, Extell Development Co.’s Central Park Tower will be one of the supertall structures located along the luxurious Billionaires’ Row in Manhattan.
JPI Closes Sale of 362-Unit Austin Property
The class A Sur 512 includes amenities such as picnic and grilling areas, Bluetooth-enabled locks and 616 parking spaces.
Passco Acquires Luxury Savannah Community
Mariner Grove comprises 320 units. Amenities include a saltwater pool with sundeck and cabanas, fitness complex, pet park and free parking.
ARA Newmark Closes Sale of $100M Denver Community
Vice Chairmen Terrance Hunt, Shane Ozment, Jeff Hawks and Doug Andrews, and Executive Managing Director Chris Cowan represented Columbus, Ohio-based developer Edwards Cos.
Capstone Grows TX Management Presence
The company adds another four properties with a total of 512 units to its portfolio.
G&L Brings Luxury to Miami’s Design District
One Bay Residences, the company’s first luxury project in the U.S., brings a whole new living experience to the area. Nicolas Guzman spoke to MHN about the development’s unique features.
Allied Orion Group Tapped to Manage Charlotte Community
The 309-unit property is owned by Arel Capital and offers amenities such as dog park, two swimming pools and a fitness center. Cameron South Park was constructed between 1984 and 1985.
DC-Area Luxury Tower Tops Out
Gallery Bethesda II rises 17 stories and will provide 240,000 square feet of luxury apartments and ground-floor retail. The project was designed according to LEED Gold requirements.
Greystone Provides $36M Loan for TX Community
Built in 2016, Parkside Place last traded in November, when Oden Hughes sold it for $48.5 million. The community was 96.1 percent occupied as of October.
KeyBank Secures $73M Loan for KY Community
The Freddie Mac first mortgage loan features an adjustable rate and a four-year interest-only term. It was used to cover part of the community’s acquisition cost.