Luxury
Company Capitalizing on Short Supply of Apartments in Tennessee
Jacksonville-based LandSouth Construction has broken ground on the Integra Hills Luxury Apartments, a $19 million project in Chattanooga.
TODAY'S DEALS: Grandbridge Closes $121M Financing
Grandbridge closes a $121 million acquisition loan for a property in Arlington, Va.; Southeast Apartment Partners completes an $18.6 million sale in North Carolina; and a Charles Dunn Co. sale breaks the price-per-square-foot record for the 90034 zip code in Los Angeles.
Condo Finds Success By Appealing to Adults and Their Children
The Corcoran Sunshine Marketing Group recently announced sales over $59 million at 515 East 72, a luxury condo building on the Upper East Side.
TODAY'S DEALS: Vesper Completes 644-Bed Student Housing Acquisition
Vesper Holdings buys a student housing asset serving the University of Oklahoma; Marcus & Millichap completes a $29.5 million sale in Wisconsin; and Transwestern arranges the sale of a distressed 1,038-unit portfolio by the lender.
TODAY'S DEALS: Luxury Asset Breaks Ground at the University of North Texas
A new student housing development breaks ground at the University of North Texas; Beech Street closes a Fannie Mae loan for a 144-unit Bronx asset; and Jones Lang LaSalle completes a $28.5 million sale.
Fifth Avenue Gets More Luxurious
Manhattan is famous for its skyscrapers, but these are usually office buildings. But with the launch of 1214 Fifth Avenue, which has 53 stories, the Upper East Side is getting its tallest luxury rental building.
Opus Begins Construction on Village of Lisle Luxury Multifamily Development
Opus Development Corporation has begun construction on Arboretum Landmark, a four-story luxury apartment complex in Lisle, Ill.
TODAY'S DEALS: $200M L.A. Development Breaks Ground
J.H. Snyder Co. breaks ground on a $200 million asset in L.A.; Colony Hills Capital lands a 2,000-unit portfolio in Alabama; and ARA brokers the largest multifamily sale to-date in New Hampshire.
Museum-Quality Sculpture to Grace NYC Apartment Property
Equity Residential reports it developed Ten23 Apartments with an eye toward redefining luxury residential living.
Beyond Luxury: The Nahho Flotation Tub
The Nahho bath from Duravit is so spacious that it is dubbed a ‘floatation tub.’ With features like a Bluetooth connected sound source and a waterfall tap, it is no surprise that Duravit’s EOOS design group built this tub from the ground up to achieve the highest possible state of relaxation.