Luxury
Manhattan Successfully Lures Renters to Luxury Buildings
The Continental, a new luxury building in New York, is already fully leased.
On Track: Construction of Charlotte Transit-Oriented Development
Construction is now underway on the Fountains at New Bern Station, a 208-unit luxury rental community in Charlotte, N.C.’s historic South End.
Village Green 'City' Brand Coming to Downtown Ann Arbor
The first market rent luxury apartment building to come to downtown Ann Arbor in the past quarter century will be built by Village Green.
A New Take on Affordable Housing
The term “luxury” isn’t the first word you think of when you hear “affordable housing,” but NMS Properties is looking to change this with their Luxe @ Broadway apartments.
TODAY'S DEALS: The Habitat Co. Breaks Ground on 450-Unit Chicago High-Rise
The Habitat Company begins a 450-unit development in Chicago; Centerline Capital refinances a Pittsburgh asset; and Meridian negotiates financing in Manhattan, Brooklyn, Queens and Westchester County, N.Y.
9 Things Renters in Their 50s and 60s Want in an Apartment
Because of the mortgage crisis, or empty nest syndrome, many people in their 50s and 60s are renting. Here are nine things these renters are looking for in an apartment.
Developer Introduces Two Purchase Programs For Luxury Units
Rent-to-own programs have become popular among developers, and Pinnacle Companies is taking this idea to the next level by introducing two new purchase programs for The M at Englewood South in New Jersey.
TODAY'S DEALS: UDR/MetLife JV Completes $630M NYC Acquisition
UDR/MetLife complete a $630 joint venture acquisition in New York; Beech Street Capital closes 2011 with $2.2 billion in multifamily financing; and Walker & Dunlop supplies a $24.7 million refi under Fannie Mae Early Rate Lock.
TODAY'S DEALS: MetLife Buys Chicago Tower from LYND
LYND sells a luxury tower to MetLife; IPA closes two sales in Florida; and NorthMarq arranges a construction loan.
Premier Boutique Condo Property on Park Avenue Secures TCO
The upscale Manhattan boutique condominium property known as 949 Park Avenue has just received a Temporary Certificate of Occupancy.