Luxury
Allied Orion Group’s Mid-Rise Community Now Leasing in Houston
The 242-unit property is slated for August move-ins and offers studio, one- and two-bedroom floor plans.
Pollack Shores Begins Construction on FL Luxury Community
The 238,000-square-foot development will comprise three buildings encompassing 237 apartments. The project is set for completion in 15 months.
Ascend’s Niche 905 Unveiled in Chicago
The 18-story, 202-unit luxury tower featuring an array of lifestyle amenities is located on Near North Side.
Resource Real Estate Buys Phoenix Community for $55M
Bascom Arizona Ventures sold Indigo Creek, a 408-unit community built by Gray Development Group in the Arrowhead region in 1993.
ARA Newmark Closes Record Denver-Area Sale
The 26-unit community was constructed in 2015. The sale marks the company’s highest per-unit multi-housing trade in Colorado.
CIM Group Trades 138-Unit Boulder Community
The Los Angeles-based company sold 9Seventy, a newly constructed project adjacent to the University of Colorado. At the time of the transaction, the property was fully leased.
PSRS Snags $80M Loan for CA Community
Pacific Southwest Realty Services arranged the mortgage for Hollister Village, a new luxury Class A residential development located on a13.7-acre site west of Santa Barbara.
BRT Nabs 3 St. Louis Luxury Communities
Through joint venture partnerships, the REIT purchased Vanguard Heights, The Tower at OPOP and The Lofts at OPOP for some $75 million. Meridian Capital Group arranged financing for all three acquisitions.
Torchlight Provides $80M Refi for Suburban Chicago Community
The firm recapitalized 500 Station, a 417-unit asset in Aurora, Ill., with senior and mezzanine financing. Aurora is connected by local shuttle to the Route 59 commuter rail station, which offers express service to central Chicago.
Charleston Adds 110-Unit Luxury Community
The Berry Cos. and Big Cypress Capital developed Cainhoy Pointe, a gated apartment project adjacent to the Cainhoy Plantation master-planned community.