$686M Construction Loan Secured for Four Seasons Las Vegas Residences
Four Seasons Private Residences Las Vegas secured $686 million in construction financing from J.P. Morgan, Sculptor Real Estate and Morning Calm Management Financing. This capital will fuel the vertical rise of the project.
With 75% of its 171 residences already spoken for, the project has surpassed $700 million in sales. Suffolk is building the project along with MJ Dean.
Residents can anticipate moving into their homes in mid-2027, alongside the unveiling of a restaurant in partnership with Wolfgang Puck Fine Dining Group.
Designed by Wimberly Allison Tong & Goo (WATG), these units boast expansive indoor and outdoor living spaces, ranging from 8,349 square feet to 3,555 square feet of private terraces. Amenities include a concierge, private chef services, in-residence wine cellars (with the option to rent a private wine room in the north tower), a private screening room, and over 6,000 square feet of state-of-the-art wellness facilities. The community includes multi-level pools with ample lounging space. Residents will have the exclusive opportunity to join the members-only DragonRidge Country Club.
Other News
Queens’ Tallest Tower Reaches 90% Leased, Adds First Retail Tenants
BLDG Management Co., Inc announced that The Orchard, Queens’ tallest tower, has surpassed 90% leased across its 824 residences nine months after launching residential leasing. The milestone occurs as the 70-story Long Island City development recently signed its first three retail tenants: K-beauty brand Tokimo, Japanese tea and beverage brand Mollytea and financial technology platform...
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80-Unit Seniors Housing Development Opens in Suburban Chicago
Leyden Senior Apartments, a new four-story independent senior living development in Franklin Park, recently opened. Located at 2506 N. Mannheim Road, Leyden Senior Apartments offers one- and two-bedroom residences. The adjacent newly constructed Carl Fiorito Senior Center will be available to the entire community. Owned by Leyden Apartments LP, Leyden Senior Apartments was designed by...
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312-Unit Multifamily in Indiana Changes Hands
Northmarq’s Investment Sales team, led by Bobby Schiavone, Jordan Arand and Adam Klenk, led the sale of The Bend Apartments, a 312-unit garden apartment community located at 1909 Greentree Blvd. in Clarksville, Indiana. Northmarq represented the seller, a regional multifamily developer. The buyer was a private investor. “The Bend generated significant investor demand, further proving...
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout