Codina Partners is welcoming residents at the Regency Parc, an “ultra-luxury” residential tower in Coral Gables
Located in downtown Coral Gables, Regency Parc features 126 expansive Sky Residences, ranging from approximately 1,700 to more than 12,000 square feet. Rents start at $8,200 per month, with standard lease options available throughout the tower, and select residences available for long-term lease. Initial terms for long-term leases can be up to 5 years. 60% of leases signed thus far in the building have been long-term. Residences offer two- to four-bedroom layouts, generous living areas, private terraces and high-end finishes throughout.
Amenities include:
Additional offerings include a 15-seat movie theater, billiard room, card room, telehealth suite, on site climate-controlled storage, and dedicated pet amenities.
Ariel Property Advisors closed the $21-million sale of a development site at 566 Grand Ave. and 836 Dean St. in Prospect Heights, Brooklyn. The corner development site comprises approximately 86,065 buildable square feet and traded for approximately $244 per buildable square foot. The transaction was arranged by Ariel partner Sean R. Kelly along with associate...
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Marcus & Millichap arranged the sale of Knott-Orange Apartments, a 35-unit multifamily property located at 515 S. Knott Ave. in Anaheim. The property sold for $9.65 million, or $275,714 per unit. “This transaction marked the fourth closing from a larger Anaheim-area multifamily portfolio as the seller continues to reposition its holdings through a 1031 exchange...
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JLL Capital Markets arranged $135 million in construction financing and joint venture equity for the development of The Ibex at Ridge Hill, a 282-unit luxury multifamily community at the Ridge Hill mixed-use lifestyle center in Yonkers. Senior managing directors Evan Pariser and Aaron Niedermayer and director John Lowe arranged the senior construction loan with Bank...
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