The 234 Apartment

Another big development in St. Johns County is getting rolling. The three builders in Bannon Lakes have already been building in individual neighborhoods. But now the amenity center and entrance are complete, and it’s ready for a grand opening. Bannon Lakes is big at 580 acres and has plans for up to 849 single-family homes, 150 townhomes, 15,000 square feet of office and 105,000 square feet of commercial/retail. The three neighborhoods: Southshore at Bannon Lakes, KB Home, $220,000-$260,000. Bridge Bay at Bannon Lakes, Pulte Homes, $240,000-$300,000. It’s a gated, 55+ community. The Grove at Bannon Lakes, AV Homes, $285,000-$350,000. The grand opening is from 1 to 4 p.m. Sept. 16 and will feature food trucks and live music. Bannon Lakes is at the northeast corner of the Interstate 95 and International Golf Parkway interchange . That’s across the street from Markland, a 345-lot community and just west of Twelve Mile Swamp Conservation Area , which has no homesites for sale. Bannon Lak...

The population in Cherry Creek North is set to grow exponentially as development hits a crescendo. Can the area seamlessly transition from a retail destination to a mixed-use neighborhood? Cherry Creek has come a long way from its origins as a farming community established as the town of Harman in 1886. During the early 20th century , it was just a few houses, small farms and greenhouses on 320 acres. It was considered an economical place to live.  Fast forward to today, and the town's founder, Edwin Preston Harman , likely wouldn't recognize the area, which has evolved as Denver's premier shopping and dining district and one of the priciest neighborhoods in the region to call home. Cherry Creek is is undergoing yet another transformation with the development of new apartments, condos, office space, retail projects and a new hotel. The tony shopping district is experiencing the biggest construction boom it's seen in decades, fueled by developers wan...

Written by Michael P. Walsh WEST HAVEN, CT — Clasping a pair of oversize scissors, Mayor Edward M. O’Brien cut the ceremonial ribbon Thursday with Acorn Group founder David A. Beckerman and Vice President Gary S. Letendre to mark the grand opening of Acorn’s The Atwood, an $18 million apartment and commercial development at 222 Boston Post Road aimed at making the neighborhood around the Allingtown Green a destination. As many of the new building’s residents, all students of the nearby University of New Haven, moved into their new digs, O’Brien touted The Atwood’s highly anticipated opening as “one example of how we are transforming West Haven through economic development .” “This area is transforming before our eyes,” O’Brien told a group of more than a dozen city officials and project executives moments before the afternoon ribbon -cutting, which also included Jay Brotman , managing partner of the New Haven architectural firm Svigals + Partners, state Rep. Michael A. DiMass...

Image 1 of / 1 Caption Close Image 1 of 1 MARK ZARETSKY / HEARST CONNECTICUT MEDIA Officials from the city of West Haven, developer The Acorn Group and architect Svigals + Partners converse just prior to Thursday’s ribbon-cutting to celebrate completion of The Atwood, a 67-unit, four-story, mixed-use apartment and commercial building on Route 1. less MARK ZARETSKY / HEARST CONNECTICUT MEDIA Officials from the city of West Haven, developer The Acorn Group and architect Svigals + Partners converse just prior to Thursday’s ribbon-cutting to celebrate ... more Atwood development officially declared open in West Haven Back to Gallery WEST HAVEN >> Some residents already had moved in to The Atwood, a 67-unit, four-story, mixed-use apartment and commercial building on Route 1 — the first completed component of The Acorn Group’s ambitious University Commons project — when officials gathered Thursday to cut a celebratory ribbon to declare it open. They began moving in on Aug. 1. Addi...

A residential community with 250 town homes and 458 single-family houses is slated for Howell Branch Road in south Seminole County . Meritage Homes Corporation bought more than 200 acres on Howell Branch Road and east of Semoran Boulevard to develop a community being called Hawk’s Crest. The purchase price was about $40 million, property records show . New homes will have 1,600 to 5,200 square feet with three to six bedrooms. Prices are expected to range from $260,000 to $635,000 with sales starting in late 2018 and closings planned for early 2019, according to the company. South I-Drive acreage sells Windermere resident Alessandro Da Silva Oliveria purchased 9 acres of vacant land on South International Drive , Orlando, from the Southeastern Conference Association of Seventh Day Adventists Inc. for $950,000. The religious nonprofit plans to reinvest the proceeds to build a church at an undetermined Orlando location , according to a news release. NAI Realvest Partner Paul P. ...

Cherry Creek Square shopping complex is set to be redeveloped along with another nearby property . Photos by Burl Rolett." /> The Cherry Creek Square shopping complex is set to be redeveloped along with another nearby property . Photos by Burl Rolett. One of Cherry Creek’s most active developers plunked down $35 million last week for two plots of prime Cherry Creek real estate with plans for fancy apartments and a new hotel. BMC Investments plans to turn two buildings along St. Paul Street and another on Josephine Street into two apartment buildings up to seven or eight floors tall and a cheaper hotel for travelers who don’t want to shell out top dollar. The three projects will total between $150 million and $ 180 million worth of development, company CEO Matt Joblon said. “We are the biggest believers of Cherry Creek long term , and we’re looking to do as much as possible here,” he said. “We want to commit a lot of our resources, money and time in buying and building ...

Firm buys apartment complexes in Marina del Rey and Venice for $100 million. financial partner UBS Global Asset Management bought the 475,000-square-foot Riverside Plaza from Westminster Funds for about $85 million." alt="Vestar and financial partner UBS Global Asset Management bought the 475,000-square-foot Riverside Plaza from Westminster Funds for about $85 million." /> Vestar and financial partner UBS Global Asset Management bought the 475,000-square-foot… (Vestar ) Colorado apartment landlord Archstone broadened its Southern California empire this month by spending more than $100 million on seaside properties in Venice and Marina del Rey . Archstone, which operates upscale apartments in coastal markets, bought the Frank, a 70-unit complex on Rose Avenue in Venice, for $56.2 million. It also purchased the Bay Club, which has 205 units -- and 207 boat slips -- on Tahiti Way in Marina del Rey for $43.95 million. The Frank, which was renamed Archstone Venice ...

NEW YORK, Aug. 23, 2017 (GLOBE NEWSWIRE) -- Greystone, a real estate lending , investment and advisory company , today announced its closing of a $550,000, 000 permanent Freddie Mac loan made to joint-venture partners The Moinian Group and SL Green Realty Corp . for Sky Residences (“Sky”), one of Manhattan’s premier mixed-use residential buildings . The Greystone Bassuk debt advisory team , led by Richard Bassuk and Drew Fletcher, represented the Borrower and assisted in obtaining the Freddie Mac loan through Greystone’s Affordable Lending team . The transaction marks the largest-ever single-asset tax- exempt financing completed by Freddie Mac and a first-of-its- kind private placement structure that includes permanent financing for hundreds of affordable housing units in New York City. Steve Rosenberg , CEO of Greystone, together with Billy Posey, Joe Mosley, and Jeff Englund, collaborated with Freddie Mac on the structure for Moinian and SL Green, and spearheaded the loan proc...

Taylor Swift signaled a new era in her already- impressive career Thursday with the release of her chilling single, “Look What You Made Me Do,” which makes us wonder where the darker, moodier Swift will be calling home for the next leg of her musical metamorphosis. She does, after all, own six homes spanning both coasts, each somewhat representative of her ever-evolving career. Her first home was in Nashville, Tennessee—she now owns two dwellings there, a condo in Nashville’s famous Music Row and a house in a quiet suburb nearby —and her most recent purchase was a Beverly Hills mansion , which she snapped up in 2015. Additionally, the singer has a more modest cottage in Beverly Hills, an apartment in NYC’s Tribeca neighborhood , and a paparazzi- familiar estate in Watch Hill, Rhode Island. Nashville, Tennessee Curbed Swift purchased her first home at just 20 years old, a 3,240-square-foot condo right in the heart of Nashville’s Music Row, for a cool $1.99 million. Beverly Hills, Ca...

The late Zaha Hadid ’s one and only residential contribution to the New York City skyline is the futuristic structure at 520 West 28th street . Almost at completion, closings began around a month ago. And now, inevitably, the first few rentals have emerged. Also inevitably, they come with a steep monthly ask. Two of the three units in the Chelsea building that hit the market Tuesday morning are asking $15,000. The third is asking $22,500. More:  Zaha Hadid’s Manhattan Condominium Prepares for First Residents The most expensive of the rentals —apartment 31—was sold on July 28 for $7.25 million, records show. It comes with two bedrooms, two-and-a-half bathrooms and is spread over 2,156 square feet with a private balcony overlooking the High Line. The unit will be ready for a mid-September move-in,  according to Warburg Realty’s Ugo Russino, who has the listing. “I have a feeling that this unit will end up in the hands of a Zaha Hadid admirer ,” Mr. Russino said. “Even if you aren’t f...

KeyBank Arranges Loans for Affordable Seniors Housing Projects Cleveland- based KeyBank Real Estate Capital (NYSE: KEY) has arranged a $23. 8 million Fannie Mae loan for Harmony Housing , a 501(c)(3) non- profit organization based Douglassville , Georgia. KeyBank’s John Gilmore, IV, and Jeff Rodham arranged the financing. The funds will be used to acquire three affordable and senior housing properties in Texas and Wisconsin, including the acquisition of Prairie Park Senior Apartments , a 96-unit, low- income housing tax credits (LIHTC) property in Madison, Wisconsin. The company has also arranged a $6. 9 million FHA loan for Millennia Housing Development Ltd., for the renovation of Sherman Thompson Towers Apartments , a 151- unit affordable seniors housing community in Ironton, Ohio. The project was awarded tax credits by the Ohio Housing Finance Agency (OHFA), and has a housing assistance payments (HAP) contract that provides rental assistance to 150 of the 151 units. KeyBa...