Hines and Tridel announce Aqualuna, the final phase of Bayside Toronto
May17

Hines and Tridel announce Aqualuna, the final phase of Bayside Toronto

International real estate firm Hines, and Canada’s leading condominium developer, Tridel, jointly announced their highly anticipated vision for the fourth and final phase of the developer’s waterfront residential partnership at Bayside Toronto in the East Bayfront District. Following an international design competition, the award-winning developers selected Danish firm 3XN as the Design Architect for the condominium, to be...

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$120 million sale of luxury multifamily property in Florida
May15

$120 million sale of luxury multifamily property in Florida

Walker & Dunlop, Inc. announced that it closed an investment sale for The Quaye at Wellington, a 350-unit, Class AAA multifamily community in The Village of Wellington, Florida. Delivered in 2017 with “Award Winning” quality, the newly constructed property was awarded the 2017 “Best Green Project of the Year” accolade from South Florida Business Journal as well as “Best Amenities” in the...

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Dar Al Arkan launches Mirabilia
May14

Dar Al Arkan launches Mirabilia

Dar Al Arkan Launches Mirabilia, a SR 600 Million Villas Development in the SR 10billion “Shams Ar Riyadh” with Interiors by Roberto Cavalli Dar Al Arkan, the largest listed real estate developer in the Kingdom of Saudi Arabia, today announced the launch of the SR 600 million Mirabilia upscale residential villas with interiors by Italian fashion house Roberto Cavalli, in the SR 10 billion “Shams Ar Riyadh” Development. A...

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Shrinking supply sends prices for luxury homes up nearly 8% in Q1 2018
May14

Shrinking supply sends prices for luxury homes up nearly 8% in Q1 2018

Luxury home prices in the first quarter of 2018 rose 7.9% compared to last year, to an average of $1.8 million, according to the latest report from Redfin, the next-generation real estate brokerage. The analysis tracks home sales in more than 1,000 cities across the country and defines a home as luxury if it is among the top 5% most expensive homes sold in the city in each quarter. The average price for the bottom 95% of homes was...

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