Luxury
Luxury Rental Community Breaks Ground in Chicago Suburb
The leafy Chicago commuter suburb of Wheaton is not one of the first places folks would associate with rental housing. Not by a long shot.
Bernards Awarded California Luxury Community Contract
Bernards, a nationally ranked commercial builder, has been awarded the construction contract for Carlyle at Colton Plaza, a multi-million dollar residential community in Irvine, Calif.
Passco Acquires Luxury Alabama Apartment Community
In a multimillion-dollar transaction, Irvine, Calif.-based real estate investment firm Passco Companies LLC has acquired a 260-unit luxury apartment community called Stonegate in Birmingham, Ala.
Historic Gothic Building Redeveloped into Luxury Apartment Community
It is possible to have all the charm of an old building with all the conveniences and luxury of a new one, as 806 Capital and Federal Capital Partners are proving with The Arch, a historic gothic building open for pre-leasing of luxury apartments.
TODAY’S DEALS: 52-Story Condo Breaks Ground in San Fran
Principal, Urban Pacific begin a phase II condo project; Marcus & Millichap sells a 212-unit asset near Houston; and Walker & Dunlop closes on a $5.6 million loan.
Wood Partners Restarts 290-Unit High-Rise in Downtown L.A.
By Alex Girda, Associate Editor
Low construction costs and growing demand in all housing segments are helping multi-family projects in Los Angeles escape from development limbo. Among the latest is a 290-unit Downtown high-rise planned by Wood Partners and stalled since […]
TODAY’S DEALS: HFF Closes Sale of $130M Loan
HFF sells a loan secured by a Charlotte asset; MG Properties buys two California communities; and The Community Development Trust and LINC Housing Corp. form a joint venture to purchase a 60-unit asset in California.
Look to Snaidero for Common Area Kitchens that ‘Wow’
Common area kitchens are becoming an increasingly important amenity, especially for the current generation of renters that seek to sometimes entertain in-house rather than out on the town. Snaidero has a kitchen for every type of building, and can create a product that is as unique as your property.
Ironstate and KRE Team Up to Bring 422 Luxury Rentals to Jersey City
Ironstate Development Company and Kushner Real Estate Group have begun construction on a new multi-faceted project comprising a 422-unit luxury rental building and a new state-of-the-art facility for The Boys & Girls Clubs of Hudson County, in Jersey City.
TODAY’S DEALS: Caruso Begins $32M Mixed-Use Asset in L.A.
Caruso begins a luxury asset in L.A.; Meridian Capital Group negotiates financing for multifamily properties in Manhattan and Brooklyn; and Virtú Investments buys a $12 million community near UC Davis.