News

A New York buyer has acquired a hotel-condo resort in Ruskin with plans to transform the property into a top-tier apartment building. ESG Kullen paid $22 million for the 154-unit Harborside Suites, Miami-based GLT Group Brokerage said Tuesday. GLT's Sean Shahar A. Ziv...

A New York multifamily investment company plans to renovate Harborside Suites in Ruskin. Tampa Bay is about to get more apartments, though this time they aren’t being built from scratch. Harborside Suites at Little Harbor in Ruskin, a waterfront hotel along Tampa Bay,...

TAMPA, FL – Berkadia announces it has arranged the sale and financing of Grand Pavilion, a 264-unit garden-style multifamily community located in Tampa. Senior Managing Director Cole Whitaker and Managing Director Jason Stanton of Berkadia’s Tampa and Orlando offices...

Berkadia has arranged the $32.7 million sale of Grand Pavilion, a 264-unit apartment community in Tampa. Located at 3110 Grand Pavilion Drive, Grand Pavilion was built in 1984 and offers a mix of one- and two-bedroom units ranging in size from 540 square feet to 873...

ESG Kullen Sells Tampa-Area Asset for $114M Trellis at the Lakes provides 688 units across 46 buildings in St. Petersburg. NOV 09, 2020 By Beata Lorincz Stoneweg US has acquired Trellis at the Lakes, a 688-unit community in St. Petersburg, Fla., for $114 million. Law...

ST. PETERSBURG, Fla., Nov. 12, 2020 -- Admiral Capital Group and ESG Kullen announced the sale of Trellis at the Lakes, a 688-unit multifamily property in St. Petersburg, Florida, in the Tampa MSA. Admiral and ESG acquired the apartment community for $80.9 million in...

Chicago – After more than a year of negotiations and setbacks, ESG Kullen closed on the most expensive condo deconversion in Chicago history. The multifamily investment firm paid $107 million for a 391-unit building at 1400 North Lake Shore Drive. New York-based ESG...

The transaction marks the highest sale price achieved for a bulk condo sale in the history of Chicago, according to CBRE, which brokered the deal. New ownership will deconvert the property back to apartments. CHICAGO—ESG Kullen of New York City has closed on the...

CHICAGO — ESG Kullen has acquired 1400 N. Lakeshore Drive in Chicago for $107 million. The buyer will convert the 391-unit, multi-building condominium property back into apartments. Sam Haddadin and Dan Cohen of CBRE represented the condo association and its...

New York-based ESG Kullen has acquired 1400 N. Lake Shore Drive in Chicago for approximately $107 million. The sale will see the 391-unit, vintage condo building open up to rentals in the city’s largest deconversion to date. The transaction took place on November 22,...

The miracle on Lake Shore Drive? At $107 million, it's the most ever paid in a condo deconversion in Chicago—and possibly the country. It took nearly a year and a half, lots of lawyering and a "Hail Mary pass," but a New York investor has finally pulled off its...

The Kiser Group brokered the 250-unit condo deconversion in River North for $38 million. ESG Kullen is acquiring The Flats on LaSalle, 1140 N. LaSalle Dr., for $38 million and will convert the property into rental apartments....

The $38M deal for 1140 North LaSalle comes just week’s after the firm pulled out of what would have been the city’s biggest deconversion ESG Kullen bought a Near North Side condo building with plans to convert the complex back into rentals. The New York-based firm...