Luxury
Trio of Developers to Bring First Major Luxury Community to Village of Tuckahoe, NY
A joint venture between Mack-Cali subsidiary Roseland, Glen M. Vetromile of Glenco Group and Phil Raffiani of Mirado Properties has announced the ground breaking on a 108-unit luxury mixed-use project on Main Street in the Village of Tuckahoe, N.Y.
Mack Urban, Mill Creek Break Ground on $50M Playhouse District Project
A joint venture between Mack Urban and Mill Creek Development Company, including equity partner Cigna Investment Management, has announced it is breaking ground on a new $50 million, mixed-use, luxury community in the city’s historic neighborhood.
Jasper Venture Group to Convert Queens Hospital to Condominiums
New York-based Jasper Venture Group has announced its plans to convert the vacant Parkway Hospital site in Queens’ Forest Hills neighborhood to luxury condominiums. The site features 107,142 square feet and a parking lot.
NRP Group Sells 288-unit San Antonio Luxury Community
The NRP Group LLC announced that it has sold the luxury community Belleza at Cresta Bella Apartments in San Antonio to Illinois-based REIT, Inland, which purchased the community for an undisclosed price. CBRE brokered the transaction of the 98-percent leased community.
Consultatio Receives $332M Loan for Oceana Bal Harbour Development
Consultatio has secured a $332 million loan from several banks led by HSBC Holdings to move forward with the ultra-luxurious Oceana Bal Harbour development in Miami’s Bal Harbour neighborhood.
Greystone Launches Brooklyn Luxury Apartments
Greystone has launched Printhouse Lofts, a 36-unit luxury rental apartment building in Brooklyn’s Williamsburg neighborhood.
Garden Communities Begins Leasing at Woodcrest at Clark in Clark, N.J.
Garden Homes subsidiary Garden Communities has announced the opening of the first of four apartment buildings in the company’s active adult community Woodcrest at Clark.
Greystone Provides $32.5M Refinance to Luxury Florida Community
Greystone announced that it has secured $32.5 million in HUD refinancing for a Port St. Lucie, Fla. luxury community owned by K&J Residential.
Prime Property Investors Top-Off at Alexan at Auburn Lakes in Houston
Prime Property Investors has announced that construction on Alexan at Auburn Lakes in Houston has topped off on the community’s nine three-story buildings. The company partnered with Trammel Crow Residential to develop the 346-unit garden style community.
Ace the Competition with a Golf Simulator by XGolf
In an age when developers are trying to one-up each other with the latest and greatest amenities, the golf simulator has always stood apart as one of the coolest.