Luxury
MHN Property Tour: Sky View Parc
Helen Lee, a director at Onex Real Estate Partners, takes MHN on a tour of Sky View Parc. The unique luxury condo development sits in the heart of downtown Flushing, N.Y., atop 800,000-square-feet of new retail. The amenity package is focused around a four-acre rooftop garden with playground, basketball court, putting green and lighted tennis courts.
TODAY'S DEALS: Harbor Group Buys Three-Property Portfolio for $100M
Harbor Group International acquires a 1,218-unit portfolio in Florida; MIG Real Estate buys a luxury asset in Austin; and Colliers International brokers the $2.7 million sale of a residential lot in a college area.
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.