Luxury

Premier 940-Unit Apartment Portfolio Trades in Houston

The apartment market is bustling in metropolitan Houston, and investors recently came out in droves to lasso a three-property, Class A apartment portfolio marketed by ARA on behalf of a tenant-in-common seller.

Luxury Rental Community to Rise at Key Orlando Gateway

Many claim the most sought multifamily settings of the future will be in or near city centers, close to public transit and within walking distance of local amenities. If so, the Steel House Apartments is nicely positioned to meet renting priorities.

Luxury Rental Set for Historic Site in N.C.

The proximity of Durham, N.C.’s historic Ninth Street District to many of the city’s landmarks makes the area perfect for developers eyeing potential multifamily rental sites.

Today's Deals: Security Properties Acquires Interest in Four Assets

Security Properties purchases an interest in four West Coast communities; Crescent Resources begins a 303-unit luxury development in Durham, N.C.; and Walker & Dunlop supplies a $6M loan under Fannie Mae’s Early Rate Lock.

NYC's Most Expensive Rental Is on the Market

New York doesn’t come cheap. And now Manhattan’s most expensive rental apartment, the Astor Suite at The Plaza Hotel, is on the market for $165,000 per month.

Today's Deals: Pollack Shores Breaks Ground on $40M Community in Orlando

Pollack Shores Real Estate Group breaks ground on a TOD in Orlando; CBRE completes the sale of a 344-unit high-rise in Chicago; and Tikijian sells a stabilized lakefront property in the Indianapolis metro.

Changing Manhattan's Skyline: NY's Newest, Tallest Residential Building

Manhattan is world-renown for its skyscrapers. And now the tallest residential building is almost complete. Extell Development Co. announced that sales have started for ONE57, a 90-story glass tower, which will rise 1,000 feet above Midtown Manhattan.

Boston's Downtown Crossing to Gain New Residential Tower

The Downtown Crossing area of Boston stands to be revitalized with an autumn, 2013, addition of a new 15-story, 390,000-square-foot luxury residential tower to be built by Boston-based Suffolk Construction.

Referrals Send Buyers Flocking to Jersey

Toll Brothers City Living announced the development of a new luxury condominium building in Hoboken, N.J., called 1450 Washington.

A Peek into the New Residential Financial District

Manhattan’s Financial District is quickly becoming the hottest residential area of the city.