Luxury
Luxury Property Jardin to be Reintroduced in a Condo-Hungry Brooklyn Neighborhood
Jardin, an upscale 44-unit condominium property that reached completion in 2007 just as the housing industry collapsed, is returning to the market.
Renters Flocking to Student Housing Conversion in Brooklyn
In downtown Brooklyn, a former seven-story multifamily building is being converted to a 44-unit student housing community.
TODAY’S DEALS: Cushman & Wakefield Sells Luxury Manhattan Community
Cushman & Wakefield brokers the sale of a 352-unit luxury community in Manhattan; Essex Realty Group sells a 101-unit community in Chicago for $6.7 million; and NorthMarq Capital arranges a $12 million Freddie Mac permanent loan.
Lower Manhattan’s Thriving Post-9/11 Multi-Housing Industry
Ten years after the World Trade Center attacks, Lower Manhattan’s multifamily industry is thriving.
Luxury Las Vegas Condo High-Rise to Undergo $3M Redesign
Las Vegas–The Martin, a 45-story luxury condominium skyscraper one block from the Las Vegas Strip, is about to get a $3 million touchup.
Bainbridge Develops Green Luxury Multi-Housing Property in Bethesda, Md.
The Bainbridge Cos. has begun construction on Bainbridge Bethesda, a luxury apartment development located in Bethesda, Md., an urban district outside of Washington, D.C.
TODAY’S DEALS: CBRE Lists Two Luxury Communities Totaling 1,198 Units in Chicago
CBRE lists two luxury Class A assets totaling 1,198 units in Chicago; NorthMarq arranges a $15.1 million mortgage for a community in Lacey, Wash.; and Mortgage Equicap arranges $5 million bridge loan at less than 1.0 DSC.
TODAY’S DEALS: JLL Closes $253M Sale of 103-Unit Historic Manhattan Apartment
JLL closes the sale of a 103-unit vintage Manhattan luxury building for $253 million; Red Mortgage Capital refinances three loans on Indiana seniors housing communities; and Northmarq arranges a $25 million Freddie Mac mortgage.
New Condos Coming to 250 West St. in Tribeca
New York–The early-20th-century building at 250 West St. in Manhattan’s Tribeca neighborhood is in the midst of being reborn as a luxury condominium development.
Keystone Crossing Project Elevates Indy Luxury Rental Market
Flaherty & Collins Properties is transforming one of two Sheraton Hotel towers at I-465 and Keystone Avenue on Indianapolis’ north side into a new high-rise luxury apartment building.