Luxury
TODAY'S DEALS: Alder, ECI Announce Two Luxury Towers
The Alder Group and ECI Group acquire land for two luxury towers in Florida; IPA completes a $13.5 million sale for Beachworld Residential; and NAI Hunneman’s Investment Services Group brokers a $1.6 million sale of a four-unit condo building.
TODAY'S DEALS: JLL Secures $93M of Development Capital for San Jose Project
JLL closes financing for a $93 million multifamily development in San Jose; Kennedy Wilson buys a 409-unit asset in Sacramento; and American Realty Advisors buys a 62-unit luxury asset in Brooklyn.
Long Island City's Murano Attains Sales Milestone
The Murano, a luxury condominium located in Long Island City, N.Y., is already 80 percent sold.
Related Returns NYC Residential Tower to Condo Market
225 Rector Place has re-entered the condo market after a bumpy recent history. It’s once again owned by its original developer, the Related Cos.
Steadfast Income REIT Acquires Luxury Property
Steadfast Income REIT has made its second Oklahoma City-area acquisition of the young year.
Steadfast Income REIT Acquires Luxury OKC Property
Steadfast Income REIT has made its second Oklahoma City-area acquisition of the young year.
New Development Breaks Ground in Ballpark District
Alliance Residential has begun construction on Broadstone Blake Street, a six-story, 164-unit luxury apartment community, located in the heart of Coors Field, bordering the Lodo District in downtown Denver.
Solomon Purchases Two Rental Properties with Much in Common
Solomon Organization recently purchased two luxury rental communities, one in Lancaster, Pa., and the other in Pleasant Valley, N.Y., and will immediately begin to upgrade the communities’ apartments, landscaping and common areas.
TODAY'S DEALS: Carroll Organization Grabs Luxury Houston Asset
The Carroll Organization buys a 267-unit community just north of Houston; Canadian Apartment Properties REIT enters a $455 million acquisition agreement; and Walker & Dunlop closes a $6 million Fannie Mae financing.
Panther Properties Starts Construction of Luxury Rentals in Tennessee
Panther Properties Investment has teamed with Integra Land Company to begin construction on the 264-unit Integra Creek Apartments in Murfreesboro, Tenn.