Luxury
Passco Trades Remaining Interest in KS Property for $48M
The company sold The Village at Lionsgate, a 360-unit community in the Kansas City MSA. Mac Crowther, vice chairman at ARA Newmark’s Kansas City office, represented both parties in this transaction.
Boutique Project Hits SoMa
Developed by Align Real Estate and managed by Alliance Residential Co., 923 Folsom brings 115 residences to the San Francisco neighborhood.
LA Community Wins 1st WELL Multifamily Certification
Operated by Proper Hospitality, the 200-unit Hollywood Proper Residences opened in June as part of Kilroy Realty’s Columbia Square development.
The Residences at Annapolis Junction Welcomes Residents
The 416-unit luxury property is the residential component of a mixed-use TOD developed by Somerset Construction and Armada Hoffler in Howard County, Md. The project will also include an intermodal parking structure, Class A office space and retail.
Cordish Tops Off $120M MO High Rise
Scheduled to open in 2018, the 296-unit Two Light is the second new construction high-rise apartment building in downtown Kansas City in the last 50 years.
Praedium Group Snags $57M FL Asset
The company acquired the 300-unit Views at Harbortown in Jacksonville, Fla., which features one-, two- and three-bedroom floorplans ranging from 713 to 1,570 square feet.
SALT Cooks Up Luxury Living
The company has completed a $100 million community in downtown Salt Lake City. Greystar is managing the 493-unit property, which features a sports club, heated spas and a yoga and spin room.
Fort Worth Luxury Development Lands Construction Loan
Talos Holdings plans to break ground this month on a new 300-unit luxury community in Fort Worth, Texas. The development is scheduled for completion by the end of 2018.
$300M Miami Beach Condos Top Out
A joint venture’s 425-unit development, The Harbour, reached new heights as its two towers hit 32 stories, seven higher than the original plan called for.