Category : Residential

Leading real estate development company, Bloom Holding, has announced the launch of Bloom Living, a fully integrated and all-inclusive community located in Abu Dhabi. Built over an area of 2.2 million sqm, the iconic gated community features more than 4,000 homes, including a selection of villas, townhouses, and apartments to...

The U.S. median home sale price surged 7% during the four-week period ending March 13, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That is the largest month-over-month increase on record in Redfin’s data, which goes back through 2017. With mortgage rates also soaring, the typical homebuyer’s...

Arch Companies, a vertically integrated, national real estate owner, operator and developer with a growing and diverse national portfolio, is pleased to announce the $199 million sale of 1,993 multifamily units across six properties in the high-growth markets of Winston-Salem, North Carolina; Spartanburg, South Carolina; and Jacksonville, Florida. The properties...

Hunt Midwest and Park Place Partners have sold The Fairways at City Center in Lenexa, Kansas to Griffis/Blessing, Inc. out of Colorado Springs, Colorado for $45.2 million, at a Kansas City Metro record price of $565,000 per unit. Hunt Midwest and Park Place Partners completed construction on the 80-twin villa,...

 In its continued rise as a leader in commercial real estate investment and development, Reynolds Asset Management (Reynolds) announced the closing of a $26 million construction loan from OceanFirst Bank in support of its Orange Valley Apartments project in Orange, New Jersey. The loan, brokered by George Gnad of Lenders Capital, is the...

Harrison, NJ Mayor James A. Fife led a ribbon cutting ceremony on Thursday, March 3, to celebrate the opening of a new phase of 381 innovatively-designed apartments and lively social spaces at Harrison Urby near the town’s PATH Station. With a cut of the ribbon, Mayor Fife and development principals...

JLL Capital Markets announced today that it has closed the sale of Vela on the Park, a 209-unit, luxury, high-rise apartment community in downtown Stamford, Connecticut. JLL represented the seller, a partnership between an affiliate of Trinity Financial, Inc. and Berkshire Residential Investments. Carmel Partners acquired the asset. The 19-story Vela on...

OneFive Capital, a Philadelphia-based real estate company, has purchased one of the country’s largest modular multifamily buildings “Next LVL,” a Class A, 281-unit building in the University City neighborhood of Philadelphia for $88 million. OneFive plans to rebrand the development as “SOLO on Chestnut“.   Rittenhouse Realty Advisors, RRA, represented the seller of 4233 Chestnut...

 Glacier Equities is reimagining 62 condominium residences within Northern Lights, a pre-war, Tudor-Style four-tower gated development with a central landscaped courtyard, located at 148-09 Northern Boulevard in Flushing, Queens. Here, the developer purchased a portfolio of residences and has debuted its fully renovated homes. Built in 1926, the buildings offer expansive pre-war...

Greystar Real Estate Partners LLC (“Greystar”), a global leader in the investment, development, and management of high-quality rental housing properties, broke ground on 25 North Lex, a new high-rise, mixed-use development in White Plains, New York that is expected to bring new energy to the city’s downtown district while significantly raising the bar...