Luxury

Jones Lang LaSalle Closes Sale of Nashville Community

Jones Lang LaSalle closes the sale of West End Village, a newly built Nashville community, on behalf of The Residential Group and Edge Principal Advisers.

Advenir Acquires a Sizable Community in Texas

Advenir acquires a 295-unit Class A community in Mesquite from Virtu Investments.

RFR, Vanke Break Ground on Luxury Condo Tower in Manhattan

RFR Holding and Vanke, China’s largest residential developer, broke ground Tuesday on 610 Lexington Ave., a luxury residential condominium on East 53rd Street in Midtown Manhattan.

JB Matteson Acquires Second North Bay Property

JB Matteson Inc. has acquired the 113-unit Rafael Town Center in San Rafael, Calif. The purchase marks the firm’s seventh acquisition in California and second in the North Bay.

Embrey Developing MF in Colorado’s Ken Caryl Ranch

Embrey Partners is developing a luxury 250-unit, Class-A multifamily community in Colorado’s prestigious Ken Caryl Ranch neighborhood.

Wood Partners Opens North Carolina Apartment Property

The Bristol is now leasing in Morrisville, N.C. The 260-unit property was developed by Wood Partners as part of Park West Village, a 100-acre mixed-use development.

Central Harlem Condo Development Half Sold After First Month on the Market

About half of the condominiums at L+M Development Partners Inc.’s Central Harlem mixed-use development, The Adeline, have sold in the first month of sales. The community is expected to be completed this fall.

Atlantic | Pacific Companies Acquires Class A Asset in San Marcos, Texas

Atlantic | Pacific Companies has added another Class A asset to its portfolio with the purchase of The Palazzo, a 300-unit garden-style apartment located in San Marcos, Texas.

The DSF Group Acquires a Class A Community in Hoboken

HFF has closed the sale of a 217-unit property in Hoboken, N.J. The DSF group picked up the property for $107.5 million.

New Development to Redefine Luxury in Denver’s Upscale Cherry Creek Neighborhood

CBRE has brokered a $92 million construction loan for BMC Investment’s development of a 218-unit luxury high-rise in Denver’s Cherry Creek neighborhood that will likely set a new price-per-unit record in the market.