Luxury
Behringer Harvard Begins Construction on Houston Luxury Multifamily Community
Behringer Harvard has started construction on The Muse Museum District, a planned luxury multifamily community with 270 apartments in Houston.
Village Green Acquires Detroit Luxury Apartments; Plans to Renovate
Village Green, a Detroit-based luxury apartment owner and operator, has acquired Millender Center Apartments, which includes 338 luxury units that the company plans to renovate and reposition.
Bernards Begins Phase II of $67M Mixed-Use Community
Commercial developer Bernards is building the final phase of Decron Properties Corp.’s $67 million mixed-use project. The community, called Playa Del Oro, is located in Westchester, a suburb of Los Angeles.
Tribeca’s Tallest Building Ever Being Developed
Alexico Group LLC and Hines, in partnership with Dune Real Estate Partners LP and funds managed by Goldman Sachs, is developing 56 Leonard, which at 830-feet high will be the tallest building ever built in New York City’s popular Tribeca neighborhood.
Penthouse Model Opens in Chicago’s West Town
Wicker West 1555, a nine-unit mixed-use condominium development at North and Talman Ave. in Chicago’s West Town, is offering a contemporary, professionally furnished and decorated new duplex penthouse model.
Groveton Green Maryland’s First Gold Certified LEED for Homes
Groveton Green Apartments, a 226-unit luxury apartment community in Owings Mills, Md., has been awarded LEED Gold certification from the U.S. Green Building Council.
Pre-Leasing Set to Open For Chicago Luxury Community
Morningside Group, a Chicago-based developer, will begin pre-leasing the luxury apartment community Wheaton 121 on March 15.
Crescent Resources Breaks Ground on $67M Mixed-Use Development
Crescent Resources has broken ground on a $67 million mixed-use development in Atlanta. The community, called Crescent Terminus, is the first multifamily community in Cousins Properties’ Terminus master development.
L.A.’s 8500 Burton Way Captures Prestigious Award
The Los Angeles Business Journal has honored Bernards and Caruso Affiliated with its 2013 Commercial Real Estate Gold Award in the Mixed-Use category.
Fairfield Residential Acquires Garden Apartment Community In Southern Palm Beach County
Fairfield Residential, a San Diego-based apartment management company, has purchased Spring Harbor at the Landings, a 488-unit luxury garden apartment community located in Delray Beach, Fla., for $69.12 million from Dallas-based Invesco Real Estate.