RangeWater Real Estate will add more than 300 apartment units to the NoDa area’s growing development pipeline following its $12.4 million land acquisition at 200 Atando Ave. NoDa stands for North Davidson, a historic arts district on N. Davidson St. in Charlotte. The Charlotte Business Observer reports the developer, along with partner ParkProperty Capital will...
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Riverside Investment & Development and Woodfield Development announced that first move-ins are underway at VIVIAN, the 42-story residential tower at Queensbridge Collective. Rising at 111 E. Carson Blvd., VIVIAN is now the second-tallest residential building in the Carolinas. VIVIAN introduces 409 studio, one-, two-, and three-bedroom residences, ranging from 558 to 2,180 square feet. The tower will be...
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Starlight Investments has expanded into the Asia-Pacific market with a senior hire and the opening of a new regional headquarters in Seoul. The Toronto-based real estate investment and asset-management firm announced the appointment of Tae Kyoung (TK) Gong as vice-president of global markets for Asia and the Pacific. Based in Seoul, Gong will lead regional...
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SVN Chicago Commercial has arranged the $3.7 million sale of a 7.24-acre development site at 2350 W. Higgins Road in Hoffman Estates, Illinois. The property, located adjacent to a 101,769-square-foot shopping center, is slated for the construction of approximately 330 luxury apartment units. Wayne Caplan & Al Lindeman of SVN Chicago Commercial represented the sellers,...
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Berkadia arranged the $12.6-million sale of Idora Apartments, a 33-unit, Class A multifamily community built in 2017 with ground-floor retail located at 5239 Claremont Ave. in the Temescal neighborhood of Oakland. The sale equated to $380,000 per unit. Senior managing director Jason Parr, director John Hansen and managing director Scott MacDonald of Berkadia San Francisco arranged...
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Associated Bank recently announced completion of a $7.62 million construction loan to CEDARst Companies for a five-story, 40-unit apartment building located at 4725 N. Clifton Avenue, Chicago, just south of Lawrence Avenue. Daniel Barrins, a senior vice president with Associated Bank’s Commercial Real Estate division, managed the loan arrangements and closing. Located in the heart...
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Cushman & Wakefield announced today that the real estate services firm has arranged the sale of 220 Elliott Avenue West, a 17,716-square-foot development site in Seattle’s Lower Queen Anne/Uptown neighborhood. The transaction was completed via court-appointed receivership. Cushman & Wakefield’s Tim McKay, Dan Chhan, Matt Kemper, Byron Rosen, Jacob Odegard and Dylan Roeter represented the...
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JLL Capital Markets arranged the $129-million sale of Henry Hall, a 33-story, 225-unit luxury multifamily property located at 515 West 38th St. in Manhattan’s Hudson Yards neighborhood. Senior managing directors Jeffrey Julien, Rob Hinckley and Steven Binswanger, managing director Steven Rutman and director Devon Warren represented the seller, a joint venture of Shorenstein Investment Advisers...
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