Regions
TODAY’S DEALS: RFR and Vanke Land $360M for Manhattan Condo
HFF sources $360 million for a Manhattan condo development from the Industrial and Commercial Bank of China; Walker & Dunlop closes a $152 million loan portfolio within 48 days; and Greystone arranges financing for a Strategic Properties acquisition in Illinois.
Going Urban in the Suburbs
Harmony Hill, a contemporary, urban-style apartment community in the Dallas suburb of Rowlett, Texas, has just broken ground. Announcement of the groundbreaking was made by Huffines Communities, the project‘s developer.
Wood Partners Launching 230-Unit Mixed-Use Community in Columbia, Md.
A key component of the redevelopment at Wilde Lake Village Center will break ground this month.
Bell Partners’ COO Named as a Top Woman in Business in Triad Region
Bell Partners announced that the company’s chief operating oficer, Gwyneth Coté, was named as one of the “2015 Women in Business” honorees by the Triad Business Journal.
Economy Watch: Housing Sees Modest Price Increases
The latest Case-Shiller indexes are out, and they point to smallish increases in the prices of houses nationwide.
TriBridge Starts Conversion of 1065 Midtown in Atlanta to Condos
Sales have kicked off at 1065 Midtown, the final step in the conversion of 52 units of rental apartments into condos in the Midtown district of Atlanta. The residential units are on the top 11 floors of the Loews Atlanta Hotel building.
TODAY’S DEALS: Grosvenor Closes $35.5M for Two San Francisco Developments
DM Development lands $35.5 million for two San Francisco projects; Greysteel closes a 104-unit sale in Maryland; and Equicap arranges a $8.5 million bridge loan to replace a construction loan for a condo conversion in New York.
Serenity Development Kicks Off Phoenix-Area Condo Project
Serenity Development has started work on a 128-unit condo development as part of Serenity at Fulton Ranch.
Greystar to Manage Luxury Washington Community
Invesco has released nine luxury penthouses at The Bravern Signature Residences, two 33-story towers in Bellevue, Wash., managed by Greystar.
Michael Paul Enterprises Presents New Boutique Condos to Upper East Side Market
Manhattan’s prestigious Upper East Side is welcoming two new boutique condominium buildings to the market.