Rosewood Property Company is now leasing the third phase of The Tobin Estate Apartments, completing a project that totaled 956 unit across 44 acres. The project was launched in 2016.
Located at 3310 Oakwell Court, the third phase spans 10 acres and introduces 359 new apartment homes to the community. Residences range from 570 square feet for a studio to 1,483 square feet for a three-bedroom.
Amenities include two resort-style pools with cabanas, resident lounges, rooftop decks, coworking spaces, indoor and outdoor fitness centers, walking trails and two dog parks woven through the tree-covered property. The third phase also introduces a second saltwater pool along with a covered pool house with outdoor cooking amenities, an additional dog wash station, expanded garden areas, activated outdoor gathering spaces and extended walking trails connecting the entire campus.
Blackland Partners is the general contractor and WDG Architecture is the architect. InterBank provided the construction loan.
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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