Luxury

70 Rainey, Austin, Texas

HFF Arranges $106M Construction Loan for 70 Rainey

The condominiums represent Sackman Enterprises’ entrance into the Austin market.

25-Story Apartment Tower Coming to Plano

High Street Residential and Principal Real Estate Investors’ new development will include 300 units in the Legacy Town Center.

Jefferson Mercer

JPI Secures Financing for 2 Luxury Texas Communities

Jefferson Mercer is expecting initial occupancy in the spring of 2018, while Jefferson Creek will be open for the summer of 2018.

CBRE Leads Sale of Orlando Community

Pensam Capital acquired the 220-unit Stonecastle Apartments for an undisclosed amount.

Alliance Residential to Open Signature Properties in Sunshine State

The two luxury communities Broadstone Harbor Beach and Broadstone at Brickell include a total of 800 apartment homes, which are already pre-leasing.

Berkadia Lines Up $34M Refi for Richmond Asset

The firm worked on behalf of Stone Creek Apartments to arrange a HUD loan for the 264-unit property.

JV to Build $75M Denver-Area Luxury Community

The community, called Legacy on the Promenade, will feature 300 units within the Westminster Promenade.

On the Market: 5 Interesting Listings for the Week of 1/4

This week’s listings include two contiguous waterfront properties on Florida’s Isle of Capri and a newly constructed community near Fresno’s High Speed Rail.

Morgan Develops Miami Luxury Community

JPMorgan Chase provided financing for Pearl Dadeland, the eight-story, 412-unit luxury building.

Midtown Five

Magellan Debuts Midtown Five

The company’s first property in Miami includes 52,000 square feet of luxury indoor and outdoor amenities, as well as smart-home features.