FORT LAUDERDALE, FL – TGM announced the acquisition of TGM Harbor Beach, a waterfront, mid-rise style apartment community with 394 units in Fort Lauderdale, FL.

The waterfront community was completed in 2017 and is located on 3.8 acres, with its leasing office located at 1721 SE 17th Street.  TGM Harbor Beach is immediately surrounded by quality walkable retail and lifestyle amenities.  The property is in close proximity to major employment centers in downtown Fort Lauderdale and throughout Broward County.  Harbor beach is located on the 17th Street corridor, which represents an alternative to downtown Fort Lauderdale due to its superior connectivity to area highways, Fort Lauderdale International Airport, Port Everglades and the beaches.

The property’s expansive studio, one- and two-bedroom apartments weave modern convenience with upscale finishes, with an average unit size of 912 square feet.  Interior finishes include granite countertops, soft-close cabinets, tumbled marble backsplashes, front control range stoves, pendant lighting, and porcelain tile flooring.  All units include a front-loading washer and dryer and modern ceiling fans in living rooms and bedrooms.  A number of the apartments have sweeping views of the intracoastal, downtown Fort Lauderdale and the Atlantic Ocean.

The property offers exceptional amenities with abundant options including a resident lounge with gourmet demonstration kitchen and private dining area, coffee bar, media center with plush stadium seating, well-equipped athletic club with boxing and yoga studio overlooking the ocean, multiple outdoor living spaces including a putting green, billiards, lounges, grilling areas, bark park and luxury poolside cabanas.  The property is situated along the Seminole Canal with over 400 linear feet of frontage along the water.  It is one of only seven existing apartment assets with water frontage in Broward County.

“TGM Harbor Beach represents a unique opportunity to expand TGM’s footprint on the east coast of Florida with the addition of our second waterfront community.  Situated in the heart of the world’s largest yacht mecca, every detail was carefully selected at TGM Harbor Beach resulting in the merger of inspirational waterfront living and architecture.  The property’s location on the 17th Street corridor offers convenient access to the beaches, downtown Fort Lauderdale, the Airport and Port Everglades,” said Zach Goldman, Managing Principal and Director of Operations for TGM.  TGM Harbor Beach is managed by TGM’s property management company, TGM Communities.  Also owned and managed by TGM in Florida are TGM Oceana (Boca Raton), TGM Bay Isle (St. Petersburg), TGM Ibis Walk (St. Petersburg), TGM Palm Aire (Sarasota), TGM University Park (Sarasota), TGM Bermuda Island (Naples) and TGM Malibu Lakes (Naples). 

TGM Harbor Beach, formerly known as Broadstone Harbor Beach, was marketed by Cushman & Wakefield’s Florida Multifamily Institutional Properties Group led by Robert Given. 

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PARAMUS, NJ – Stacy Esser Group, a leading real estate team serving Bergen County, NJ, announced that luxury apartments are now available for lease at Fifty58, a groundbreaking new multi-family boutique rental building — the first and only of its kind in Paramus. The property located at 58 East Midland Avenue holds a total of 45 units each with stunning variations for uniqueness and individual character.

Designed by master developer, Andrew Cohen, he brings an aesthetic precision and acute attention to detail to this luxury multi-family residence. The result is an incomparable architecture with oversized apartments, gracious common areas and breathtaking interiors.

Location – Location…. the property, located in the heart of Paramus, is easily accessible to both Route 17 and the Garden State Parkway. Situated only minutes to the Ridgewood train station or a small walk to the bus stop makes an simple 45-minute commute to New York City. Walk to gourmet grocery stores like Trader Joe’s and Whole Foods with shopping aplenty positioned between the Westfield Garden State Plaza and Paramus Park Mall. Whether you’re looking to relax at the country club, play 18-holes of golf or take in a movie, Fifty58 is close to the very best in leisure time and entertainment options that captivate a community. Most noteworthy, Paramus has a strong public school system and highly rated daycare facilities within walking distance.

The residences are infused with oversized luxury. Of the 45 dwellings, 18 are two tale duplexes with three baths located on the building’s third floor with the remaining two bedroom/two bath or two bedroom/two bath and den residences or flats on floors one and two. Each luxury unit – from approximately 1,300 SF to 2,500 SF — showcases generous, open floor plans for design flexibility. Adding more dimension, the high nine-foot ceilings with recessed LED lighting set against floor to ceiling windows with operable panels flood the spacious rooms with natural light making an ambient mood. 

Fifty58 offers a lavish lifestyle with a concierge approach to luxury living and unlimited services and amenities to meet all of your family’s needs. Save time on your workout commute and exercise in the state-of-the-art gym with cardio and weight training equipment. Plotting a party or simply in need of an simple escape, residents can delight in the two-level private lounge with 20-foot ceilings, sitting by the fireplace or playing at the tournament style pool table. Relax with friends on the spacious rooftop appointed with furniture, a barbeque grill and a two-sided gas fireplace while taking in spectacular views or watching the sunset. There’s even a pergola with louvers to ward off the summer sun or fall chill. No need to drive in circles for a parking space or feed the meter. All units have assigned parking in the private covered lot protected by 24-hour video surveillance. Best of all, you can bring your furry friends. Well behaved pets are welcome.

In keeping with the times, Fifty58 is equipped with smart building technology. The structure’s impressive blueprint is designed with a cutting-edge digital doorman and package concierge for your convenience coupled with smart locks and digital access to your residence. Virtual keys grant seamless guest entry and mobile apps allow you to virtually manage your daily routine safely for peace of mind.

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CHEVY CHASE, MD – FCP announces the acquisition for $33.3 million of the Trails of North Hills, a 279-unit apartment community near the vibrant North Hills area. The Trails of North Hills Apartments are adjacent to the Crabtree/Mine Creek Greenway trail and delight in immediate access to retail and employment centers. 

“Both the Crabtree and North Hills submarkets continue to see very healthy mixed-use development, leading to even more demand for nearby workforce housing,” said FCP Vice President, Alex Cathcart. “The Trails of North Hills Apartments, which consist of 82% two- and three-bedroom units, mostly townhomes, will be improved to better meet the needs of residents seeking affordable quality housing near job centers, retail amenities and transportation corridors.” The acquisition of the Trails of North Hills marks FCP’s sixth investment in the North Hills market over the last eight years.  

FCP has retained Pinnacle Management, who operates nine other FCP properties in the Southeast United States, to manage the property. Additionally, FCP will invest in capital improvements including clubhouse and amenity renovations, building upgrades, and landscaping and curb appeal updates.

FCP extends its appreciation to Paul Marley and Watson Bryant of the Cushman & Wakefield Multifamily Advisory Group for their representation. “The Trails of North Hills will benefit from outstanding demographic trends and high occupancy rates in the rapidly-expanding Crabtree submarket of Raleigh, driving organic rent growth and strongly supporting a market proven value-add opportunity for new ownership,” said Bryant.

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