High Street Residential (HSR), the residential subsidiary of Trammell Crow Company, and joint venture partner Haseko North America have closed on land and secured a loan for Jules San Pedro, an eight-story, 281-unit multifamily waterfront community in Los Angeles’ San Pedro Waterfront Arts District. Terms were not disclosed. The project is expected to break ground later this quarter.
“We view Jules San Pedro as a tremendous opportunity to help shape a community that reflects the best of coastal living,” said Kain Matsumoto, chairman and president of Haseko North America, Inc. “San Pedro’s rich history, vibrant waterfront and strong sense of place make it an ideal setting for new housing that meets the needs of today’s residents.”
Located at 155 W. 6th St., Jules San Pedro is situated one block south of HSR’s recently completed 137-unit Vivo on Harbor project. It will also sit across the waterfront from the $250-million West Harbor project, a 42-acre mixed-use entertainment destination slated to open in summer 2026.
Jules San Pedro is expected to deliver by the second quarter of 2028. Westport Construction will serve as the general contractor.
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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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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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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