Luxury
HFF Secures $77M Construction Loan for NC Project
Senior Managing Director Travis Anderson, Managing Director Justin Good and Senior Directors Cory Fowler and Allan Lynch worked on behalf of the developer, ZOM Living. The Florida-based company is building a luxury community in Charlotte.
Orlando Apartments Command $47M
TruAmerica continues its East Coast expansion with the acquisition of the 300-unit Arium Falcon Pines in Orlando. The company is planning on making a multimillion-dollar renovation to the property.
HTG Debuts Luxury AZ Community
Aviva, located in the Phoenix suburb of Mesa, Ariz., will feature 325 one-, two- and three-bedroom units. The $63 million project will welcome its first residents in January 2018, and Mark-Taylor will handle leasing.
TruAmerica Nabs Orlando Community for $48M
TruAmerica has expanded its portfolio with the purchase of Arium Falcon Pines, a 300-unit luxury community. The property will be rebranded as Canterbury Cove, and receive interior and exterior upgrades.
Brooklyn Luxury Condo Sets Sales Record
The 14-unit 868 Lorimer On The Park is 50 percent sold within three months of The Serhant Team launching sales. The property also includes Greenpoint neighborhood‘s most expensive condo sale.
San Jose Luxury Development Lands $201M
HFF worked on behalf of Greystar to secure the construction loan through Otéra Capital. The Reserve is expected to be completed in 2020.
IPA Arranges $39M Refi for Playa Del Rey Apartments
The borrower, a repeat client of IPA, received the loan structured with a full 10-year term, interest-only, at a rate of 3.8 percent.
Invesco Expands Portfolio With MA Buy
CBRE/NE represented the seller and procured the buyer. The property is three blocks away from Nantasket Beach and offers easy access to the South Shore.
Phoenix Luxury Condo Tower Approaches Full Occupancy
Optima Kierland will welcome its first residents in 2018. The upscale community is situated at the intersection of Scottsdale Road and Kierland Boulevard. Home prices start from $300,000.
North American Properties Completes Luxury TN Property
Emblem, located in Franklin, is a four-story community with 361 units that offers amenities such as a fitness center, grilling stations, conference room and Internet cafe.