Greystone has successfully arranged a $38.75 million refinancing package for Skylar Lofts in Jersey City. The newly built 80-unit luxury multifamily development was created by The Manhattan Building Company. Functioning as the opening phase of a major six-part master redevelopment project, the six-story property features premium residential spaces alongside ground-floor retail units and structured parking spaces.
Vietnamese developer Sun Group and global hospitality giant Accor have signed a landmark agreement to expand their decade-long strategic partnership. The deal will add nearly 6,000 high-end hotel rooms and serviced apartments across Phu Quoc and Da Nang. Spanning mid-scale to luxury tiers, the expansion introduces several new lifestyle brands to Vietnam, significantly strengthening the country's premium tourism infrastructure ahead of major international events.
Manchester United has announced the location for its proposed 100,000-seater stadium, situated 350 metres from Old Trafford. The venue forms the centrepiece of the Trafford Wharfside masterplan, a 150-hectare regeneration project backed by Trafford Council and regional authorities. The project aims to create 48,000 jobs and 15,000 homes, delivering a projected £7.3 billion annual boost to the UK economy.
Rotana has signed a deal with Zawaya Properties Company to debut its branded residences segment in Saudi Arabia. Located in Makkah, the project will deliver 240 serviced hotel apartments within the SAR 26 billion Thakher development. The project targets growing demand from pilgrims and long-stay corporate travelers under the Saudi Vision 2030 tourism expansion strategy.
Japanese developer Mitsubishi Estate has partnered with Central Pattana to build a 43-billion-yen mixed-use tower in Bangkok. Located in the popular Siam Square area, the 42-storey development will blend flagship luxury retail, modern workspaces, and the Thai debut of 25hours hotels. Construction is underway and phase openings will start in 2027.
Daewoo E&C has finalised an investment in a $291 million housing project in Palisades Park, New Jersey, marking its return to the United States property development sector after two decades. Partnering with New York developer Tamares, the firm will build a 540-unit apartment complex. The company also plans to back a luxury mixed-use project in Prosper, Texas, later this year.
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