Luxury
Luxury Las Vegas Condo High-Rise to Undergo $3M Redesign
Las Vegas–The Martin, a 45-story luxury condominium skyscraper one block from the Las Vegas Strip, is about to get a $3 million touchup.
Bainbridge Develops Green Luxury Multi-Housing Property in Bethesda, Md.
The Bainbridge Cos. has begun construction on Bainbridge Bethesda, a luxury apartment development located in Bethesda, Md., an urban district outside of Washington, D.C.
TODAY’S DEALS: CBRE Lists Two Luxury Communities Totaling 1,198 Units in Chicago
CBRE lists two luxury Class A assets totaling 1,198 units in Chicago; NorthMarq arranges a $15.1 million mortgage for a community in Lacey, Wash.; and Mortgage Equicap arranges $5 million bridge loan at less than 1.0 DSC.
TODAY’S DEALS: JLL Closes $253M Sale of 103-Unit Historic Manhattan Apartment
JLL closes the sale of a 103-unit vintage Manhattan luxury building for $253 million; Red Mortgage Capital refinances three loans on Indiana seniors housing communities; and Northmarq arranges a $25 million Freddie Mac mortgage.
New Condos Coming to 250 West St. in Tribeca
New York–The early-20th-century building at 250 West St. in Manhattan’s Tribeca neighborhood is in the midst of being reborn as a luxury condominium development.
Keystone Crossing Project Elevates Indy Luxury Rental Market
Flaherty & Collins Properties is transforming one of two Sheraton Hotel towers at I-465 and Keystone Avenue on Indianapolis’ north side into a new high-rise luxury apartment building.
Allied Realty Kicks Off Construction of Suburban Houston Luxury Apartments
The Woodlands, Texas–Allied Realty breaks ground on The Retreat at The Woodlands, a community of 240 luxury apartment residences.
TODAY’S DEALS: CBRE Secures $99M JV Equity and Construction Loan
CBRE secures a $99 million construction loan for Magellan’s 499-unit high-rise in Chicago; MAA acquires a 297-unit community in Jacksonville, Fla.; and Arroyo & Company negotiates the sale of a 76-unit community in Santa Rosa, Calif.
Southwest D.C. to Get First New Luxury Apartment Building in Four Years
Washington, D.C.–Camden Property Trust recently broke ground on the 276-unit Camden South Capitol, the first new luxury development in the area for four years.
Southwest D.C. to Get First New Luxury Apartment Building in Four Years
Washington, D.C.–Camden Property Trust recently broke ground on the 276-unit Camden South Capitol, the first new luxury development in the area for four years.