Luxury
Allied Orion Group’s High-End Community Now Leasing in Houston
Featuring one-, two- and three-bedroom apartments, The Beacon at Buffalo Pointe—a 281-unit multifamily community—caters to the Texas Medical Center community.
Grandbridge Closes Indianapolis Community Refi
The 493-unit community is situated on the campus of Indiana University–Purdue University Indianapolis. Grandbridge placed the refinancing with Ladder Capital Finance.
Security Properties Expands Its WA Portfolio
The 178-unit community offers convenient access to major employers such as Intel, JBLM, State Farm Insurance and Amazon. Garco Construction sold the asset for $32.3 million.
Davlyn Acquires Luxury CA Community for $24M
Colony is an 88-unit, Class A apartment property in Simi Valley, Calif. The company plans to rebrand and renovate the building, as well as enhance staffing and marketing.
JV Invests $148M in 2 Luxury AZ Assets
Bascom Arizona Ventures and Pacific Life Insurance Co. acquired Legend at Kierland and Tradition at Kierland, totaling 724 units. Quadrant Real Estate Advisors provided debt financing arranged by CBRE.
Northland Buys Echo Lake in Bradenton, FL
The company has purchased the 360-unit, Class A community, which was completed earlier this year and is managed by Lincoln Property.
Greater Boston Development Ready for Move-in
Meriel Marina Bay has reached a new milestone. The South Building of the property is now open and welcoming new occupants.
New Luxury Community Opens in Tarzana, CA
The 57-unit luxury Residences at Village Walk, developed by Sinanian Development, is now open. Moss & Co. will manage the property located at Yolande Avenue.
Tikijian Arranges 450-Unit Community Sale
An affiliate of Birge & Held Asset Management acquired the asset from Gene B. Glick Co., the Indianapolis-based developer that built the property in two phases between 1980 and 1987.
IPA Arranges $57M Sale of Luxury CA Community
A private investor based in China acquired Luxe, a 131-unit community in Pasadena, Calif. IPA represented the seller, Amcal Equities, and procured the buyer.