Luxury
ARA Newmark Arranges Sale of San Antonio’s Agave
The newly-built luxury mid-rise was acquired by Castle Lanterra Properties, marking the investor’s entrance in the San Antonio market.
Marcus & Millichap Arranges Luxury Condo Sale in Chicago-Area
The community comprises six buildings, each of them made up of 12 two-bedroom, two-bathroom units. Firethorne Luxury Apartments changed hands for $8.3 million, in which the buyer and seller were both represented by investment specialists at Marcus & Millichap.
Related Development Tops Off Atlanta Luxury Tower
The company’s first project in Georgia’s capital city will offer 390 units and a Whole Foods Market. The apartments are set for completion in January 2018.
Construction of Lower East Side Luxury Condos Underway
Magnum Real Estate Group is partnering with Real Estate Equities Corp. to develop 196 Orchard, an 11-story luxury residential development located across from the famous Katz’s Deli.
Historic DC Patterson Mansion’s Makeover Now Complete
Saul Urban joined hands with Rooney Properties and BedRock Real Estate Partners to renovate and expand the more than 110-year-old property and turn it into 92 apartment units.
JV Taps HFF to Market Luxury Philadelphia Tower
The 28-story, 363-unit 3601 Market is located in the University City submarket and features studio, one- and two-bedroom floorplans, as well as penthouses.
Magnum Real Estate Begins Closings at NYC Tower
The 114-unit building offers a resident terrace with grill and fully furnished and landscaped roof deck, and in-unit features including Sub-Zero refrigerators, Bosch ovens and marble-clad bathrooms.
Inland Nabs Suburban Chicago Community
The Commons at Town Center, a six-story, 85-unit multifamily property in Vernon Hills, Ill., was built in 2010 and boasts a 96 percent occupancy.
Luxury Community Underway in Fort Worth Historic Neighborhood
Embrey Partners has broken ground on the Kelley, a 10-acre, 353-unit community on Samuels Avenue. The company will renovate a Victorian era home and relocate another one built in 1903.
Luxury Community Breaks Ground in Orlando
Wood Partners’ Alta Grande community will be located at the intersection of Orlando’s Tourism Corridor and its largest suburban office submarket. Leasing will begin in spring 2018.