Luxury
HFF Arranges Sale, Financing of Metro Houston Apartments
Hilltop Residential is the new owner of Villages of Cypress Creek, a 384-unit, Class A community in the city’s northwest suburb of Cypress, Texas.
CIM Group Reaches Construction Milestone in DTLA
888 S. Hope—a 34-story apartment tower featuring 525 units, 6,000 square feet of ground-floor retail space and a public pocket park—is scheduled for delivery in mid-2018.
SunCap Property Breaks Ground on NC High-End Community
The four-story, 47-unit community will offer two-and three-bedroom apartments with rental rates estimated to start at $3,400 per month. The property marks SunCap’s first multifamily development in Charlotte.
Bellevue Breaks Decade-Long Hiatus with Ground Breaking
Vancouver-based Bosa Development’s One88 is a 21-story tower with 143 luxury units. Bosa spent a considerable amount of time developing a special product for the market.
On the Market: 5 Interesting Listings for the Week of 9/11
The most recent listings include a Seattle-area property on nearly 80 acres of land and a fully renovated 1920s asset in Los Angeles’ Koreatown.
JV Sells Downtown Santa Monica Mixed-Use Asset
The Marcus & Millichap division represented Century West Partners and BlackRock Realty Advisors Inc., and also procured the buyer. Chelsea Santa Monica includes 53 units and almost 6,000 square feet of retail space.
LMC Breaks Ground on Luxury Apartments in Midtown Atlanta
The 27-story apartment community known as Vireo is located at 195 N.E. 13th St. and initial move-ins are anticipated for spring 2019.
Johnston Properties Adds New Development in Phoenix
The owner of Agritopia and Barnone, two developments in Gilbert, Ariz., entered a joint venture with IPA/Liv Communities to develop its third community in the area. The project is slated to break ground this fall.
PRP Sells Class A Property for $44M in Atlanta
Perseus Realty Partners completed the disposition of Ansley at Princeton Lakes, selling it for $43,5 million. The property is ten minutes away from Hartsfield-Jackson International Airport.
Atlanta-Area Community Trades in $47M Deal
The Reserve at Johns Creek Walk centers on a divided median boulevard, designed to evoke an old downtown with 20th century-style architecture.