RENO, NV – Guardian Capital Partners, the team behind Vida Luxury Living, introduces 312 units on the 20-acre property to meet the unprecedented demand of housing in the Reno area. The multi-family community offers one, two and three-bedroom apartment homes in the foothills of Northwest Reno. 

The community offers amenities like a fitness center, pool, spa, gourmet kitchens and designer floor plans. The brand-new apartment homes are near hiking trails, bike paths and a wide variety of outdoor recreational activities. Twenty minutes from Truckee, it’s the perfect location for the avid outdoorsman.

“Vida Luxury Living provides residents with the comfort of resort-like amenities within their everyday living space,” said Chairman and CEO of Guardian Capital Partners James Previti. “The distinguishable offerings of the property support an active, healthy lifestyle for all residents — no matter the household.”

The lavish outdoor grounds feature two floors; the upper floor includes the pool with a year-round hot tub, gorgeous outdoor kitchen and barbecues, croquet court and a putting green. The lower level has two dog parks, a playground, picnic benches with a second barbecue area and bocce ball courts.

A fully equipped gym and a Yoga/Fitness on Demand studio—an interactive cycling experience—will keep residents active with plans to bring a guest fitness instructor to teach monthly classes such as yoga and bootcamp-style workouts. Future community events include food trucks and special events for residents alike. Near Interstate 80, the apartment homes are close to an assortment of dining and shopping experiences.

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BROOKLYN, NY – Nationally acclaimed real estate firm Extell Development Company announced that the company’s first Brooklyn project, Brooklyn Point, has reached a major construction milestone. Rising to 720 feet high, the 68-tale building has cemented the title as the tallest building in Brooklyn. Construction is progressing on schedule at Brooklyn Point and first closings are slated to commence in early 2020. The tower offers a new level of luxury living in the borough and an unmatched 25-year tax abatement. It is the first and only for-sale building at City Point, which is the largest food, shopping and entertainment destination in Brooklyn.

“As the tallest building in the borough, Brooklyn Point represents a milestone for Brooklyn. The Brooklyn marketplace now competes with Manhattan and has significant demand for Extell quality homes,” said Ari Alowan Goldstein, Senior Vice President of Development at Extell. “We are experiencing tremendous success because our buyers appreciate the value of outstanding design, amenities, and unparalleled views coupled with the savings of a 25-year tax abatement.”   

Located in Downtown Brooklyn, the skyscraper is designed by Kohn Pedersen Fox with interiors by AD100 designer Katherine Newman. Offering a mix of studio to three-bedroom residences, the luxury homes have been curated to reflect a sophisticated design aesthetic that combines art and utility, resulting in a modernist sensibility that embraces and reinterprets the past.

“At Brooklyn Point, we wanted to honor the creative spirit of Brooklyn, while crafting a new landmark for the borough’s downtown,” said KPF Design Principal Rob Whitlock. “To that end, we picked up on the diversity of scale and texture of the site’s context in the building’s expression. Brooklyn Point features a sculptural façade, with an eclectic materiality that plays with light and shadow, giving the tower an elegant solidity.”

Adding to the building’s allure is an unprecedented array of lifestyle amenities and services spanning over 40,000 square feet. The building’s roof will feature the highest residential infinity pool in the Western Hemisphere, offering breathtaking views of the Manhattan skyline. Adjacent to the pool is a landscaped rooftop retreat outfitted with a sundeck, al fresco dining areas, changing rooms, showers and an outdoor movie screening space.

The property will feature a comprehensive health and wellness facility with a 65′ indoor saltwater swimming pool, 35-foot rock climbing wall and yoga studio, Pilates and cycling studios, and a squash/basketball court. To complement residents’ wellness experience, Brooklyn Point’s spa will also include an infrared sauna, men’s and women’s steam rooms, and hot tub. 

Social and entertainment amenities include the triple-height Park Lounge, featuring a signature bar, salon, fireplace, and co-working space, as well as a chef’s demonstration kitchen, wine library, game lounge, screening & performance room, private study, and children’s playroom. Brooklyn Point’s amenities also include an outdoor oasis, designed by award-winning landscape architecture firm Mathews Nielsen Landscape Architects. The ninth-floor landscaped terrace will include al fresco dining areas with gas grills, a putting green, fire pit, lounge areas, terrace bar and the Forest Adventure children’s playground. 

Located at City Point, a 600,000-square-foot mecca of retail, dining and entertainment amenities, Brooklyn Point residents will have access to everything this neighborhood destination has to offer.  City Point is home to a Trader Joe’s market, Target, Century 21, Alamo Drafthouse movie theater, and DeKalb Market Hall, an epicurean food hall with over 40 vendors, including Katz’s Deli, Ample Hills Creamery, Pierogi Boys, and more.  Brooklyn Point is close to 11 subway lines and will be across the street from the new 1-acre Willoughby Square Park.

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TAMPA, FL – American Landmark, one of the fastest-growing multifamily owner-operators in the country, has bought a six-property multifamily portfolio containing assets in all of Texas’ major metro areas. The portfolio includes multifamily assets in Houston, San Antonio, Austin and Irving, just northwest of Dallas, totaling 2,284 apartment units.

The acquisitions bring American Landmark’s Texas portfolio up to 33 properties. The company currently owns and manages approximately 25,000 apartments throughout the Southeast and Texas, and plans to add another $2 billion in properties to its growing multifamily portfolio this year.

“Texas is a national leader in both employment and population growth, continuously attracting new residents with its low cost of living and major employers who seek a skilled labor force,” said Christine DeFilippis, Chief Investment Officer of American Landmark. “We recognized this at the start of the trend, and we look forward to continue selectively acquiring assets in this growing market.”

American Landmark plans to implement $14.7 million in capital improvements for community and apartment amenities. Improvements include granite countertops, package locker systems, stainless steel appliances, clubhouse enhancements and pet grooming stations.

The properties in the portfolio include:

Hyde Park at Lake Wyndemere (Houston), to be renamed Artisan at Lake Wyndemere, is located at 2109 Sawdust Road in the Woodlands neighborhood. Built in 2000, the garden-style community includes 320 units and was 96.8 percent occupied at the time of buy.

Hyde Park at Enclave (Houston), to be renamed Hayden at Enclave, is located at 12951 Briar Forest Drive. Built in 1999, the newly renovated community includes 476 units and was 95.1 percent occupied at the time of closing.

Manor at Castle Hills (San Antonio), to be renamed Alon at Castle Hills, is situated at 1835 Lockhill Selma Road. Built in 2000, the garden-style complex features 306 units and was 97.7 percent occupied at the time of buy.

Hyde Park at Ribelin Ranch (Austin), to be renamed the Asten at Ribelin Ranch, is located at 9900 McNeil Drive. The garden-style community includes 350 units and was 96 percent occupied at the time of buy.

Hyde Park at Wells Branch (Austin), to be renamed Beck at Wells Branch, is located at 2801 Wells Branch Parkway. Built in 1999, the community features 576 units and was 93 percent occupied at the time of closing.

Lakepointe at Las Colinas (Irving), to be renamed The Blvd, is located at 5353 W Las Colina Boulevard. Built in 2012, the luxury apartment community includes 256 units and was 96.8 percent occupied at the time of closing.

American Landmark Apartments/Electra America is one of the fastest-growing multifamily owner-operators in the United States. Based in Tampa, Florida, American Landmark specializes in the opportunistic acquisition and aggressive management of value-add multifamily assets located in high-growth markets throughout the Southeast United States.

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