The Residences

Related Group and BH Group Set to Premiere New Standard of Waterfront Luxury; Officially Launches Reservations at Highly Awaited Ritz-Carlton Residences—The First Ever in West Palm Beach

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Monday, March 18, 2024
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Leading real estate developers Related Group (Related) and BH Group bring a highly anticipated luxury landmark to West Palm Beach, with the official launch of reservations for The Ritz-Carlton Residences, West Palm Beach (The Residences).

Key Points: 
  • Leading real estate developers Related Group (Related) and BH Group bring a highly anticipated luxury landmark to West Palm Beach, with the official launch of reservations for The Ritz-Carlton Residences, West Palm Beach (The Residences).
  • “With an unmatched team behind it, The Residences will set a new standard in West Palm Beach and Palm Beach County as a whole.
  • “The West Palm Beach market has undergone tremendous growth in recent years, but momentum is only just getting underway,” said Isaac Toledano, Founder of BH Group.
  • Douglas Elliman is the exclusive sales and marketing partner to Related Group and BH Group.

The Residences at Harrison Park by Bridge Tower

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Monday, March 25, 2024
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MELISSA, Texas, March 22, 2024 /PRNewswire/ -- Bridge Tower Properties proudly announces the opening of The Residences at Harrison Park, a new build-to-rent development with 55 luxury homes for lease. Nestled in the heart of Melissa, Texas, Harrison Park offers a harmonious blend of modern living, convenience, and community.

Key Points: 
  • MELISSA, Texas, March 22, 2024 /PRNewswire/ -- Bridge Tower Properties proudly announces the opening of The Residences at Harrison Park, a new build-to-rent development with 55 luxury homes for lease.
  • Nestled in the heart of Melissa, Texas, Harrison Park offers a blend of modern living, convenience, and community.
  • "Harrison Park is the first development of its kind in Melissa," said Megan Beighey, Community Manager at Harrison Park.
  • At Harrison Park, Bridge Tower revolutionizes the rental experience by blending the finest aspects of single-family living with the convenience of leasing.

Hard Rock International and Pointe Vista Holding Company to Develop Hard Rock Hotel and Residences at Lake Texoma

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Tuesday, January 16, 2024
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LAKE TEXOMA, Texas, Jan. 16, 2024 /PRNewswire/ -- Today, Hard Rock International in partnership with Pointe Vista Holding Company announced development plans for the Hard Rock Hotel at Lake Texoma and The Residences at the Hard Rock Hotel Lake Texoma.

Key Points: 
  • LAKE TEXOMA, Texas, Jan. 16, 2024 /PRNewswire/ -- Today, Hard Rock International in partnership with Pointe Vista Holding Company announced development plans for the Hard Rock Hotel at Lake Texoma and The Residences at the Hard Rock Hotel Lake Texoma.
  • "It's my pleasure to welcome the development of the Hard Rock Hotel and Residences at Lake Texoma.
  • "Our collaboration will be a great success with Hard Rock International and a very positive contribution to the Pointe Vista community," said Mark Fischer, CEO of Pointe Vista Holding Company.
  • For more information on the Hard Rock Hotel and Residences at Lake Texoma, visit HardRockHotels.com .

Holiday Inn Club Vacations Breaks Ground on Luxury Six-Bedroom Vacation Homes; Latest Expansion at Orange Lake Resort

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Tuesday, August 8, 2023
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ORLANDO, Fla., Aug. 8, 2023 /PRNewswire/ -- Holiday Inn Club Vacations Incorporated, an international vacation ownership company, broke ground today for the latest expansion to its flagship property – The Residences at Orange Lake Resort. Built with multi-generational travelers in mind, The Residences will feature luxurious six-bedroom vacation homes that total 5,575 square feet in size and comfortably sleep 20 guests, with each home offering its own private pool. The first phase of The Residences will include four homes, and in the future could include up to 16 homes on the site.

Key Points: 
  • The Residences will be first-of-its-kind offering for company at flagship resort in Orlando, Fla.
    ORLANDO, Fla., Aug. 8, 2023 /PRNewswire/ -- Holiday Inn Club Vacations Incorporated , an international vacation ownership company, broke ground today for the latest expansion to its flagship property – The Residences at Orange Lake Resort.
  • The first phase of The Residences will include four homes, and in the future could include up to 16 homes on the site.
  • Multi-generational travel is more than a short-term trend – we believe this will be the way families vacation for years to come," said John Staten, President and Chief Executive Officer at Holiday Inn Club Vacations Incorporated.
  • The first phase of The Residences is expected to open in December 2024, and initially, booking will be exclusively available to Holiday Inn Club Members.

Developer of The Ritz-Carlton Residences, Naples, Reaches 50% Pre-Construction Sell-Out; Surpasses $250 Million in 90 Days Since Initial Project Launch

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Thursday, May 4, 2023
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The initial release consisted of 108 dwellings within the project’s Bay and Tower properties.

Key Points: 
  • The initial release consisted of 108 dwellings within the project’s Bay and Tower properties.
  • Pre-construction sales at The Residences, which currently exceed $250 million, have outpaced the surrounding area’s ultra-luxury condominium market.
  • The project will also have 22,000 square feet of outdoor amenities, including a resort-style pool, lap pool, cabana suites, and fire pits.
  • The Residences are furthermore located directly between Naples’ two existing Ritz-Carlton hotels -- both of which are approximately three miles apart.

Introducing the Residence Club at Rancho Santana on Nicaragua's Pristine Emerald Coast

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Thursday, January 26, 2023
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The Residence Club at Rancho Santana is a series of three-bedroom beachfront residences that lie within the resort complex and offer all the comforts of home along with mesmerizing views of the beach, Playa Santana.

Key Points: 
  • The Residence Club at Rancho Santana is a series of three-bedroom beachfront residences that lie within the resort complex and offer all the comforts of home along with mesmerizing views of the beach, Playa Santana.
  • The Residence Club offers a 1/8th ownership with unlimited year-round enjoyment of all Club Residences.
  • "The Residence Club at Rancho Santana is where like-minded individuals share ownership of luxurious private residences and enjoy abundant and flexible lodging throughout the year.
  • Residence Club owners receive true real estate ownership and have access to all club residences within their residence category with the right to use a residence anytime, subject to the reservation policies.

STOCK Residences Unveils the Ritz-Carlton Residences, Naples

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Tuesday, November 1, 2022
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Comprising a collection of 128 beautifully appointed residences with water panoramas, the transformative, ultra-high-end project -- well-sited at the intersection of Vanderbilt Beach Road and Gulf Shore Drive -- will be flanked by Vanderbilt Beach and the Gulf of Mexico to the west and Vanderbilt Lagoon to the north, giving Owners unprecedented access to a myriad of waterfront amenities and services.

Key Points: 
  • STOCK Residences, the luxury condominium division of STOCK Development -- the nationally recognized, award-winning Naples, Fla.-based developer -- today announced that its highly anticipated residential project, One Naples, will now be branded as The Ritz-Carlton Residences, Naples .
  • This condominium project will truly redefine luxury waterfront living in Southwest Florida, said Brian Stock, CEO of STOCK Development.
  • The Ritz-Carlton Residences, Naples are not owned, developed or sold by The Ritz-Carlton Hotel Company, L.L.C.
  • STOCK Residences is the premier luxury condominium division of STOCK Development, Southwest Floridas leading luxury developer and homebuilder.

Dominica's Secret Bay pays out $1 Million in returns to CBI Investors and crosses 100+ Investor Threshold

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Friday, September 30, 2022
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The globally-recognised CBI project, which is part of award-winning resort Secret Bay, just released year-over-year results between the fourth quarter of 2019 through the second quarter of 2022.

Key Points: 
  • The globally-recognised CBI project, which is part of award-winning resort Secret Bay, just released year-over-year results between the fourth quarter of 2019 through the second quarter of 2022.
  • During this period, The Residences at Secret Bay outperformed expectations related to CBI investor growth, return on investment payout, total sales, ADR, occupancy rate, and resort employee growth.
  • Between Q2 of 2021 and Q2 of 2022, The Residences at Secret Bay grew from 41 investors to 103 a 151% increase.
  • Dominica being the best kept secret in the Caribbean stands to allure this market making Secret Bay more attractive for investors.

Armada Hoffler Completes $150 Million Sale of The Residences at Annapolis Junction at a 4.15% Exit Cap Rate

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Monday, July 25, 2022
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VIRGINIA BEACH, Va., July 25, 2022 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE: AHH) successfully completed the sale of The Residences at Annapolis Junction, a 416-unit suburban mid-rise apartment community in Howard County, Maryland for $150 million.

Key Points: 
  • VIRGINIA BEACH, Va., July 25, 2022 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE: AHH) successfully completed the sale of The Residences at Annapolis Junction, a 416-unit suburban mid-rise apartment community in Howard County, Maryland for $150 million.
  • With the sale of The Residences at Annapolis Junction, I am pleased to report that weve successfully completed the disposition of $177 million of noncore assets at a blended 4.1% exit cap rate, said Lou Haddad, President and CEO of Armada Hoffler.
  • Last quarter, we set a goal of selling up to $200 million of noncore assets at cap rates in the mid 4% cap range.
  • Founded in 1979 by Daniel A. Hoffler, Armada Hoffler has elected to be taxed as a REIT for U.S. federal income tax purposes.

Wan Bridge Unveils Latest Build-to-Rent Community in North Texas

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Wednesday, April 27, 2022
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Wan Bridge , a Texas-based builder and operator of build-to-rent (BTR) communities, today hosted a grand opening celebration for the companys first community in Denton.

Key Points: 
  • Wan Bridge , a Texas-based builder and operator of build-to-rent (BTR) communities, today hosted a grand opening celebration for the companys first community in Denton.
  • (Photo: Business Wire)
    The Residences reflects our unique ability to deliver quality experiences, and our trademark hassle-free lifestyle, that complement each community we join, said Ting Qiao, CEO of Wan Bridge.
  • The check donation was provided by the Wan Bridge Foundation, the companys charitable giving arm dedicated to extending support to community non-profits focused on children and educational causes.
  • Also joining in on the celebration and to commemorate what this new community means for Wan Bridge and North Texas, local Denton, visual artist, Drew Gaines was onsite to capture the event on canvas.