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San Francisco’s Pacific Heights-Presidio Heights District Leads in Luxury and Ultra-Luxury Sales

One district dominated San Francisco ’s luxury market when it came to both apartment and single- family home sales over the past year, according to a report out Monday from Paragon Real Estate Group . It’s an L-shaped stretch of four neighborhoods on the northern edge of the peninsula, including Pacific Heights , Presidio Heights , Cow Hollow and Marina. The tony area rises up on a ridge that overlooks the landmark Golden Gate Bridge and Alcatraz Island and is home to celebrities and historic mansions . More:  Check Out News from San Francisco ’s Luxury Market This area had the most single- family house sales over $3 million in the 12 months ending July 31 —a total of 77 deals at an average price per square foot of nearly $1,500, according to the report. It also dominated the city’s ultra- luxury transactions with nine sales for mansions priced over $10 million. The Pacific Heights- Presidio Heights district also led in the luxury apartment market . Over the past 12 months, there...

New Jersey firm to finish Allentown apartments after developer charged in Ponzi scheme

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Summit Ridge luxury apartment development on River Road in Allentown" alt="Construction has resumed at the Summit Ridge luxury apartment development on River Road in Allentown" /> Construction has resumed at the Summit Ridge luxury apartment development … (MICHAEL KUBEL, THE MORNING…) April 30, 2013 | By Peter Hall, Of The Morning Call Nearly three years after construction stalled at the Summit Ridge Apartments on Allentown's east side, a New Jersey real estate firm has picked up where the project's bankrupt developer left off. After foreclosing on the property and winning an $8.3 million verdict in Lehigh County Court , Diversified Realty Associates of Summit, N.J., aims to complete the luxury apartment buildings by the end of the year. The project's hiatus, which left some residents living amid an abandoned construction site , was the result of former developer David Connolly 's financial meltdown that led federal prosecutors to charge him l...

Watch: Video tour of chic warehouse-style apartment on Belfast's Windsor Road

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Watch: Video tour of chic warehouse -style apartment on Belfast's Windsor Road BelfastTelegraph.co.uk This recently completed apartment development in leafy Windsor Road in South Belfast is as high end as you get and what is pretty unique is that each well appointed, ultra-stylish home has been carefully designed exclusively for the rental market. http://www.belfasttelegraph.co.uk/life/house-home/watch-video-tour-of-chic-warehousestyle-apartment-on-belfasts-windsor-road-36037999.html http://www.belfasttelegraph.co.uk/life/house-home/article36037997.ece/23fcf/AUTOCROP/h342/2017-08-17_lif_33756851_I7.JPG Email This recently completed apartment development in leafy Windsor Road in South Belfast is as high end as you get and what is pretty unique is that each well appointed, ultra-stylish home has been carefully designed exclusively for the rental market. In what is something very new for Belfast, these luxury warehouse style homes offer luxury living without the need for a mor...

• Tintara at Canyon Creek Apartments • Austin • Texas • tintara.prospectportal.com

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Tintara at Canyon Creek Apartments | Austin Apartments Our Austin apartments at Tintara at Canyon Creek is a luxury community close to great dining, entertainment, and shopping. Call today for availability!  Tintara at Canyon Creek Ratings , Reviews, Map, Rents, and ... Rent at Tintara at Canyon Creek (formerly Jefferson Lakes & Jefferson Canyon ) and get a $200 reward from ApartmentSearch  Luxury Apartments Austin TX | Tintara at Canyon Creek Apartments Searching Luxury Apartments Austin TX with no luck? Look no further than Tintara at Canyon Creek Apartments . Browse our photos and Apply today!  Colonial Grand at Canyon Creek Apartments for Rent - Austin ... Colonial Grand at Canyon Creek apartments in Austin knows you're looking for luxury at a great value. Just moments from Lake Travis, our 1, 2 and 3 bedroom apartment ...  Monterone Canyon Creek Ratings , Reviews, Map, Rents, and ... Ratings & reviews of Monterone Canyon Creek (formerly Mansions at Cany...

He built four Trump towers in South Florida, now billionaire Jorge M. Perez eyes Tampa Bay

Jorge M. Perez and his Related Group are bullish on Tampa Bay. How bullish? Some $350 million worth. That's how much the Miami-based company has invested so far in the area, particularly in the city of Tampa. "We love cities, and this is a can-do city," says Perez, who founded Related in 1979 and built it into one of the nation's largest real estate conglomerates . PREVIOUS COVERAGE: Related Group breaks ground on complex at old Tampa Tribune site Perez was in Tampa on Wednesday for the official groundbreaking of Manor Riverwalk, Related's 400- unit luxury apartment project where the Tampa Tribune once stood; and a visit to the site of Town Westshore, where Related plans 396 apartments in the Westshore Marina District near the Gandy Bridge. The company also expects to start construction in September on the 368-unit Icon St. Petersburg in the city's Edge District, and is lead developer on Tampa's $750- million West River redevelopment . In an interv...

Horizons at Rock Creek apartments sell for $250 million

The Horizons at Rock Creek apartments in Superior have been sold in the largest multifamily transaction in Colorado history . In a deal that closed Monday, real estate investor Bell Partners of Greensboro, N.C., will pay about $250 million for the 1,206- unit luxury apartment complex to the southeast of U.S. 36 and South 88th Street . It marks the first western U.S. acquisition for Bell Partners, whose $ 5 billion apartment portfolio is based primarily in the Southeast. “They were looking for an opportunity to get into this market and establish a beachhead,” said Terrance Hunt, executive managing director of ARA, a Newmark Co., which brokered the transaction. “This was a prime opportunity for them to set up shop here.” The 80- acre property features a 13-acre lake and a 24,000-square-foot clubhouse. Horizons at Rock Creek sits west of the Interlocken business park and the FlatIron Crossing mall in Broomfield. “They will really be able to take advantage of the Interlocken mar...

Woodcrest Apartment Prices Set By Developer, Says Clark Senior Housing Pres

This letter to the editor was received from Clark Senior Housing President Bill Caruso .  We, the Clark Senior Housing Corp ., would like to let all the residents, especially the new residents in town, know that the Clark Senior Housing Corp is a private, non-profit company, not associated with any township's governmental agency. The Senior Housing Corp . was organized to encourage the town to plan and build affordable housing . In December 2000, we came before the Mayor and council to ask them for help for this noble project. We were told that the town had no money to spend on senior housing or any land left to build it on. We were also told to find the money and land ourselves and then they will see what they can do to help us out. The plan was always to help our seniors on fixed incomes that could no longer afford the high taxes on their homes, to find affordable housing in town so they can stay dose to their loved ones. We never would support building luxury adult apartments...

Apartment construction underway in south Loveland

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By Craig Young Reporter- Herald Staff Writer concrete slab foundation Monday at a new apartment complex under construction on" alt="Jaime Lupian with M&R Concrete, left, puts some finishing touches on a concrete slab foundation Monday at a new apartment complex under construction on" style="border: 0px;" /> Jaime Lupian with M&R Concrete, left, puts some finishing touches on a concrete slab foundation Monday at a new apartment complex under construction on the northeast corner of Southeast 14th Street and Lincoln Avenue in Loveland. The project, Pinyon Pointe, is directly west of Waterford Place Apartments , seen in the background. ( Jenny Sparks / Loveland Reporter-Herald ) LOVELAND -- The residents of Waterford Place Apartments in south Loveland will be getting new neighbors by the end of the year as the first units in a new complex open. Pinyon Pointe, a 166-apartment project at 451 SE 14th St ....

Flaherty & Collins Properties Breaks Ground on $40M Apartment Property in Brownsburg, Indiana

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The Arbuckle will consist of 391,502 square feet and 208 units. BROWNSBURG, IND. — Flaherty & Collins Properties has broken ground on The Arbuckle, a $ 40 million luxury apartment property in Brownsburg, about 17 miles west of Indianapolis. The property, located at 300 N. Green St., will consist of 208 luxury market - rate apartment units . Floor plans will comprise studio, one- and two-bedroom units. Among the nearly 7,000 square feet of amenities will be a courtyard, saltwater pool, coffee lounge, conference room, pet wash, study lounge and fitness center. Flaherty & Collins Construction is the general contractor. The project team also consists of CSO Architects, ecological engineering and design firm Williams Creek , and consulting engineering firm Lynch Harrison & Brumleve Inc. Busey Bank provided construction financing . The 391,502-square-foot project is slated for completion in spring 2019. Tagged new_projects

Manhattan Gets $20,000-a-Month Homes for New Breed of Seniors

(Bloomberg)—Manhattan is about to become a testing ground for what could be the next luxury real estate boom . Well, maybe mini-boom, considering the rather narrow target group : frail urban seniors with fat bank accounts . Developers are spending hundreds of millions on high-end assisted- living apartment projects , one on the Upper East Side and one in Midtown, and aiming for more in the area and across the U.S. The bet is that there are sufficient numbers of the affluent and aging in big cities who won’t want to leave their neighborhoods, even as they suffer cognitive decline . It is, of course, a rather small group of any age or mental ability that can handle the monthly rents these kinds of places will command. They’ll start at $12,000 at the complex that Maplewood Senior Living and Omega Healthcare Investors Inc. are putting up on Second Avenue and 93rd Street. Some will top more than $20,000 at the building Welltower Inc. and Hines are about to break ground for o...

Aging in luxury: $20,000-a-month senior living on the horizon

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Manhattan is about to become a testing ground for what could be the next luxury real estate boom . Well, maybe mini-boom, considering the rather narrow target group : frail urban seniors with fat bank accounts . Developers are spending hundreds of millions on high-end assisted- living apartment projects , one on the Upper East Side and one in Midtown, and aiming for more in the area and across the U.S. The bet is that there are sufficient numbers of the affluent and aging in big cities who won't want to leave their neighborhoods, even as they suffer cognitive decline . It is, of course, a rather small group of any age or mental ability that can handle the monthly rents these kinds of places will command. They'll start at $12,000 at the complex that Maplewood Senior Living and Omega Healthcare Investors Inc. are putting up on Second Avenue and 93rd Street. Some will top more than $20,000 at the building Welltower Inc. and Hines are about to break ground for on the corner of ...

Market shift pitches Dranoff toward condos on South Broad corner

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Developer Carl Dranoff is planning 28 stories of luxury condos at Broad and Pine Streets, instead of the hotel-and-apartment hybrid he previously had in mind for the site, as Center City heads toward a likely near-term glut of both rental housing and hotel guest rooms . The developer’s earlier vision of a 22-story building with 76 hotel rooms and 83 apartments known as the Hyde — to have been developed with the Los Angeles hospitality mogul Sam Nazarian ’s SBE Entertainment Group — has been supplanted by a new proposal with 56 “high-end” condos, Dranoff said in an email Tuesday. Dranoff ultimately decided that the location along the strip of Broad Street south of City Hall, known as Avenue of the Arts, “lends itself best to a condo project,” spokeswoman Barbara Gall Sheehan said in a follow-up email. “We think there is strong demand for high-end/luxury condos in premier neighborhoods, like Avenue of the Arts,” she said. Dranoff said th...