In Progress: Boca Raton Resort Condominiums

DEVELOPER: Palm Beach Resort Condominiums LLC, Pierce Goodwin Alexander and Linville (PGAL), project designers, and Las Vegas-based Wright Engineering, UPA Resort Construction Group, general contractor

LOCATION: Las Vegas

SIZE: Four seven-story, mid-rise buildings with 756 luxury condominiums

COMPLETION: Phase I scheduled for February 2006

BUZZ: The $400 million condominium project is located just south of the Las Vegas strip at Las Vegas Boulevard and Serene Road, an area experiencing new retail and casino growth. Prices will range from the $200 thousands to the millions.

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Total CMBS Issuance Volume

There has been $30.3 billion in new CMBS issuance to date in 2013, according to Commercial Mortgage Alert. That puts the industry on pace to smash last year’s volume of $48.4 billion and will make 2013 the busiest year for CMBS issuance since 2007. Where do you think total CMBS issuance volume will end up in 2013?

 

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