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April 13, 2004 South Florida Business JournalCornerstone Group, based in Coral Gables, Fla., is planning Sonoma Bay, a 320-unit affordable housing development in Riviera Beach. Sonoma will consist of 15 two- and three-story buildings on 18.2 acres. Financing in the ...
April 13, 2004 South Florida Business JournalAsbury Park Apartments, a 234-unit community at 17600 N.W. Fifth Ave. in northwest Miami, recently sold for $10.75 million. The selling price represents a 10 percent capitalization rate. The seller was a locally based ...
April 13, 2004 Denver Post (First Item)Hearthstone, based in San Francisco, is committing $23 million to the construction of 140 condominiums in Lone Tree, Colo. Atlanta-based homebuilder Trammel Crow Residential plans to build the units, tentatively priced from $150,000 to ...
April 13, 2004 San Francisco Business TimesBar-K Inc., a lender that last year took possession of San Francisco's historic Armory building at 1800 Mission St., is moving forward with plans to convert the 200,000-square-foot building into primarily market-rate housing.
April 12, 2004 South Florida Business JournalTwo ultra-luxury condominium projects are under way in South Florida – the Grovenor House in Coconut Grove and The Landmark at the Gardens in Palm Beach Gardens. The Grovenor House's estimated value is more ...
April 12, 2004 Sterling Equities has sold the Lake Louise apartment complex in Atlanta for $22.6 million, or about $73,000/unit.The 310-unit property, which sits on a 56-acre parcel, was sold to Coro Realty Advisors LLC of Atlanta. Sterling, which owned ...
April 12, 2004 Houston Business JournalMike Atlas is partnering with New York-based developer Ben Ashkenazy, owner of the 58,000-square-foot 2727 Kirby Drive in Houston, on a $28 million plan to redevelop the mid-rise office building into a 93-unit condominium tower.
April 12, 2004 San Francisco Business TimesCatellus Development Corp. is in advanced negotiations with two major housing developers that to bring more housing units to its 303-acre mixed-use Mission Bay development. Highrise-builder Bosa Development California Inc. is in discussions with ...
April 12, 2004 SSR Realty Advisors has bought Wellington Place at Olde Towne, a garden apartment community in Manassas, Va., for $35.2 million, or about $94,624/unit.The real estate advisory firm acquired the 372-unit complex at 10303 Seventh Regiment Drive on ...
April 8, 2004 Boston HeraldThe Jacobs family, which owns the FleetCenter and the Boston Bruins, yesterday unveiled plans to build a 37-story residential tower next to the arena and the long-vacant Boston Garden site. The $140 million-plus plans call for ...
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