Luxury
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.
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.
Partnership Lands $170M Loan for Luxury Chicago Tower
Oxford Capital Group and Quadrum Global secured financing for Essex on the Park, a 479-unit project on Michigan Avenue.
Cavache Properties Debut Plans for Ft. Lauderdale Development
Construction for the “urban beach lifestyle” project is slated to begin in summer 2017, with an estimated completion of summer 2018.
On the Market: 5 Interesting Listings for the Week of 12/26
Recent listings include rustic-inspired townhomes catering to students at Appalachian State University and a community that formerly served as Florida’s original Cuban Consulate.
JV Secures $150M Construction Loan for Queens Tower
AIG is providing the financing for the luxury community, which is set to open in early 2018.
Detroit High-End Mixed-Use Development Opens
Broder & Sachse Real Estate and Woodborn Partners are calling the property “something totally new” for the city.