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Real Estate

Jul. 8, 2003

Rentals Set High Watermarke for Luxury

BY JULIE NAKASHIMA CREJ Staff Writer Although the economic times seem to call for hamburger, developers of new apartment projects these days mainly are serving up steak, and some are reaching for the top-tier consumer with a menu of well-marbled filet mignon.

BY JULIE NAKASHIMA
CREJ Staff Writer

Although the economic times seem to call for hamburger, developers of new apartment projects these days mainly are serving up steak, and some are reaching for the top-tier consumer with a menu of well-marbled filet mignon.

Watermarke, Sares-Regis Group's new apartment community under construction in Irvine, is a case in point. The superluxury apartment project has been designed to appeal to well-heeled, sophi...

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