Safehold Closes First Multifamily Transaction in Salt Lake City, Utah
NEW YORK, Nov. 10, 2022 /PRNewswire/ — Safehold Inc. (NYSE: SAFE), the creator and leader of the modern ground lease industry, has closed on a $26.5 million ground lease to facilitate the ground-up development of One Burton, a fully amenitized 180-unit multifamily project located in South Salt Lake’s new downtown district. The Qualified Opportunity Zone project will be developed by a new Safehold customer, […]
The Boca Raton Tower Reopens Following a Stunning Transformation
BOCA RATON, Fla., Nov. 8, 2022 /PRNewswire/ — South Florida’s iconic resort and private club, The Boca Raton, celebrates the opening of Tower, its fully reimagined fifth hotel that provides an elevated new perspective on luxury travel. Following a $65 million transformation, the 27-story Tower, situated next to the newly constructed Harborside Pool Club, showcases expansive suites, breathtaking vistas, and distinct programming […]
Avanta Hires Matthew Lynch as Director of Development for Florida
BOCA RATON, Fla., Nov. 8, 2022 /PRNewswire/ — Avanta Residential announced today that Matthew Lynch has been hired as Director of Development for Florida. In his role Mr. Lynch is responsible for sourcing and developing institutional quality rental neighborhoods throughout the state, including site selection, contract negotiations, overall relationship management, due diligence, and design. Matthew has over 12 years […]
Oldham Goodwin Capital makes Record Breaking Sale of Long-underutilized Westinghouse Building Project
COLLEGE STATION, Texas, Nov. 7, 2022 /PRNewswire/ — Dallas-based Big Sky Medical is the new owner of the Westinghouse Building at Providence Park. Oldham Goodwin Capital, the real estate private equity investment and development arm of Oldham Goodwin, acquired the 175,752 square-foot facility, which anchors the 52-acre College Station research and life science campus, in 2016. The facility had been barely […]
Madison Communities breaks ground on Madison Ashley Park in Charlotte, NC.
CHARLOTTE, N.C., Nov. 7, 2022 /PRNewswire/ — Madison Communities, an affiliate of Madison Capital Group, has recently broken ground on 288 units located in the West Charlotte Submarket at the corner of Wilkinson and West Morehead in Charlotte. Construction commenced in September. Madison Ashley Park will feature 253 units incorporated into a four-story building. Project amenities will include luxury […]
Safehold Closes $31.0 Million Ground Lease, Sixth Transaction in Denver, Colorado
NEW YORK, Nov. 7, 2022 /PRNewswire/ — Safehold, Inc. (NYSE: SAFE), the creator and leader of the modern ground lease industry, has closed on a $31.0 million ground lease to facilitate the ground-up development of Wilder, a 196-unit multifamily project approximately two miles west of Downtown Denver. The Qualified Opportunity Zone project will be developed by The Max Collaborative, an Ohio based firm […]