Luxury
ZOM Moves Forward With a Pair of New Developments in Miami
Luxury multifamily developer ZOM announced that it has closed on a pair of separate transactions that put the developer and its joint venture partners in positions to add more than 800 high-end rental apartments to the South Florida Market.
TODAY’S DEALS: The Bassuk Organization Closes $73.5M for NYC’s Chelsea Tower
The Bassuk Organization closes $73.5 million with TIAA-CREF for a luxury apartment community in New York; ARA arranges a 352-unit sale in Washington; and HFF brokers a $5.65 million sale, and closes a three-year, interest-only, loan for the acquisition of an apartment community.
American Land Ventures Unveils Latest on Fort Lauderdale Development
American Land Ventures, along with joint venture partner MetLife Real Estate Investors, has introduced its newest development project, VU | New River, which is ahead of schedule with construction after topping off in March in Fort Lauderdale, Fla.
Wood Partners Community in Hopkinton, Mass., Nearly Complete
Wood Partners has announced that construction is nearly completed at its $45 million development, Alta Legacy Farms, in Hopkinton, Mass. The 240-unit luxury community, located in the master-planned Legacy Farms project, opened for lease in July 2013 and is 43 percent leased.
Summer is Coming, Upgrade Your Grilling Game Now
Grilling is a great way to get your community interacting. A new line of ultra premium grills from Viking are sure to make your outdoor space the envy of the submarket.
Construction Rolling Along on The Charles Luxury Condos in Manhattan’s Upper East Side
The leadership team and crew working on the Upper East Side luxury development, The Charles, held a party to celebrate the building’s recent topping out. The 32-story condo building is being developed by Bluerock Real Estate LLC in collaboration with Ismael Leyva of ILA Architects and David Collins Studio interior designs.
Duravit Unveils Alcove Bath Perfect for Small Spaces
If you are looking for a contemporary bathtub that can fit into small spaces with an easy installation, then Duravit’s Architec tub is the tub for you.
Fountain Residential Partners Breaks Ground on 1,100-bed Student Community
Fountain Residential Partners and Specialized Real Estate Group are ready to break ground on the first phase of a 1,100-bed student housing neighborhood serving the University of Arkansas.
Behringer Harvard Begins Luxury Apartments in Atlanta’s Buckhead
Behringer Harvard and Atlantic Realty Partners begin Cyan, a 23-story apartment tower in Atlanta’s Buckhead submarket.
Preleasing Begins on Chattanooga Luxury Development
Housing Trust Group has begun preleasing at a new luxury community in Chattanooga, Tenn. Rents range between $850 and $999 per month.