Luxury
Anaheim Luxury Apartment Community Opens for Leasing
Vivere Apartments, a 92-unit apartment community in Anaheim, Calif., has opened for preview leasing.
Cortland Partners Expands Jacksonville Presence with 391-Unit Acquisition
Cortland Partners has acquired Avistele at Deerwood, a 391-home, 42-acre community located in the most affluent neighborhood of Jacksonville, Fla.
Fifield Companies Sells Chicago Community for $302M, Begins Work on New Luxury Development
In a joint venture, Fifield Companies and Pacific Life Insurance Co. have announced they have sold an 848-unit multifamily community in Chicago to REIT Morguard Corp. for $302 million. This marks the highest amount paid for a Chicago apartment tower since May 2011.
Passco Acquires Luxury Georgia Community for $25.5M
Passco Companies recently acquired The Glen at Alexander, a luxury multifamily community in Augusta, Ga., for $25.5 million. To finance the property, Passco received a $14 million Fannie Mae loan.
Mill Creek Residential Opens Luxury Multifamily in Nassau County
Mill Creek Residential has opened West 130, a transit-oriented luxury rental community in the Long Island town of West Hempstead, N.Y.
Indian Residential Market Made Shinier with Swarovski Partnership
Gateway Towers I is the latest Indian property to try and dazzle luxury seekers. In attempting to do so, the luxurious residential development has associated itself with bedazzling giant Swarovski.
Carroll Organization Acquires 308-Unit Apartment Community in Lawrenceville, Ga.
Carroll Organization, an Atlanta-based multifamily real estate firm, acquired Camden Sweetwater Apartments, a 308-unit luxury community to be rebranded as ARIUM Sweetwater in Lawrenceville, Ga.
TODAY’S DEALS: Manhattan High-Rise Lands $130M Refi
HFF arranges $130 million for a high-rise in New York; AIMCO breaks ground on a $32.6 million renovation in California; and Berkadia identifies the best lending source for a Texas community.
Renaissance Centro Develops 360-Unit Luxury Community
Virginia-based developer Renaissance Centro announced that it has broken ground on Parc Reston, a multifamily community in Reston, Va.
PROFILE: Meet Trump International Realty, The New Residential Brokerage Division
To some fanfare—indeed, on the same day he announced a proposal addressed to President Obama—Donald Trump recently launched Trump International Realty, the residential brokerage division of The Trump Organization.