Luxury
Behringer Harvard Invests in 220-Unit Community in Texas
Behringer Harvard Multifamily REIT I Inc. announced that it will provide equity capital for the construction of a multifamily community in Austin, Texas.
HFF Arranges $233 Million in Financing for 1,523-unit Breakers Resort
Holliday Fenoglio Fowler has recently announced that it has arranged $230 million in financing for The Breakers Resort in Denver. Working exclusively on behalf of The Bascom Group LLC, the borrower, the HFF team secured a $165 million first mortgage, a floating-rate loan which includes a three-year term with two, one-year extension options provided through Bank of America and CIBC.
The Opus Group to Build Luxury Apartments in Kansas City
The Opus Group, a Minneapolis-based commercial real estate company, announced that its subsidiary Opus Design Build LLC is the design-build contractor for a new luxury community in Kansas City, Mo., called 51 Main.
Find Simple Sophistication in New Light Offerings from Sonneman
Modern luxury apartment design has been trending towards minimal elegance for years, and two new series of lights from Sonneman – A Way of Light are here to help your community make a simple, polished statement.
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.