Prominence
CBRE Brokers $52.5M Sale of 3 Apartments by Principal Financial
CB Richard Ellis has announced it arranged the sale and financing of a three-property portfolio of multi-housing communities located in Richmond’s West End.
New Sales Team Increases Contract Signings at Brooklyn Condominium
Since joining One Brooklyn Bridge Park as its exclusive sales and marketing firm two months ago, The Developers Group, has signed 14 new contracts and has more than 20 contracts out or in negotiations.
HDC, UNHP Celebrate Renovation of Rose Hill Apartments
NYC Development Corporation (HDC) and University Neighborhood Housing Program Inc. (UNHP) recently celebrated the grand opening of Rose Hill Apartments, a 119-unit building originally constructed in 1984 to serve low-income elderly residents.
White Plains’ Energy-Efficient Property Celebrates Opening
Community Housing Innovations (CHI) recently hosted a ribbon-cutting ceremony for Minerva Place Condominiums, a 14-unit workforce housing community and reportedly the city’s most energy-efficient residences.
New Team Picks Up the Sales Pace at Florida Condominium
Ocean’s Edge has experienced a rapid sales pace since it partnered with a new management and sales team three months ago. The new owners of the community, Condo Capital Solutions LLC, took over ownership in September and partnered with Pace Builder Services to handle sales. At press time, the community had signed purchase and sale agreements for 17 new homes in 14 weeks.
Construction Resumes at Brooklyn Condominium
Construction has resumed at Be@Schermerhorn, Jamestown Properties and SDS Procida’s 246-unit condominium. Sales are expected to re-launch in spring 2010.
Q&A with Jack Perlman: Escrow Provides a Sense of Security for Investors in Mexico
Jack Perlman is a real estate developer in Playa del Carmen (main beach town in the Riviera Maya region, by the Caribbean Sea) and owner of Condo Hotels Playa del Carmen. Perlman is opening a fifth luxury condo called El Taj Condo Hotel (pictured) this January, as well as an upscale beach club.
Sky View Parc Opens Two-Bedroom Model Apartment, About 30% Units Sold
New York–Muss Development LLC has unveiled its first Sky View Parc model apartment, located in Queens, N.Y. The two-bedroom model at Muss Development’s mixed-use residential and retail development in Flushing is now open to the public. Sky Park View is a two-phase project. The first phase includes three residential buildings that are under construction and it features 448 units, of which 150 are sold. The second phase, for which the start of construction has not yet been scheduled, will bring the total number of units to 1,100. Units at Sky View Parc feature nine-ft. ceilings, large double-paned sound-attenuated windows, stripped…
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