Friday, September 20, 2019

New England region

New England region includes: Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island and Vermont.

CBRE Affordable Housing and CBRE NY Institutional Group arrange sale of 311-units of affordable...

CBRE Affordable Housing and CBRE’s New York Institutional Group is pleased to announce the sale of the 311-unit, affordable housing community Parkledge in Yonkers, NY. The property sold to Hudson Valley Property Group (HVPG)...

CBRE Multifamily Group sells Commons at Windsor Gardens

The CBRE Capital Markets team today announced the sale of Commons at Windsor Gardens located in Norwood, Massachusetts. The Commons at Windsor Gardens is a 914-unit 100% market-rate apartment community consisting of 682 flats and...

JLL secures $43M financing for Morris County, New Jersey, apartments

JLL announced today that it has arranged $43 million in financing for Signature Place, a 197-unit, luxury apartment community in Morris Plains, Morris County, New Jersey. JLL worked on behalf of Mack-Cali Realty Corporation, acting...

Avanath acquires three affordable housing properties totaling 317-units in Chicago and Maryland for $55.05...

Avanath Capital Management, LLC, a private real estate investment manager and Registered Investment Adviser, has purchased three affordable housing communities with a combined total of 317 units in Chicago and Maryland. The assets were...

PEEK Development concludes initial fundraising for two QOFs slated to deliver 168 market-rate multifamily...

PEEK Development (PEEK) has concluded its initial fundraising round for two Qualified Opportunity Fund (QOF) projects in the pre-construction phase in the City of Orange. PEEK Reock I QOF, LLC and PEEK Reock II...

JLL arranges financing for Englewood, New Jersey, apartments

JLL announces that it has arranged financing for the development of Englewood Circle, a 220-unit, Class A multifamily property in Englewood, New Jersey. JLL worked on behalf of the developers, a joint venture between The...

Related and Hudson top out Riverwalk Park, a 21-story building bringing 340 new units...

Related Companies and The Hudson Companies today announced the topping out of Riverwalk Park, a 100 percent affordable, 340-unit building at 460 Main Street on Roosevelt Island. Related and Hudson broke ground on the...

JLL arranges $42.5M financing for mixed-use property in Jersey City

JLL announces the $42.5 million financing of RIVET, a mixed-use multihousing and retail property located in the heart of New Jersey City University’s University Place in Jersey City, New Jersey. JLL advised the borrower, a...

New York City’s rent control laws erase property rights and worsen housing supply

Owning property means more than having your name on a deed. Lawyers and judges often refer to property ownership as a “bundle of rights,” because with ownership comes more than just the mere right...

Affordability extended at Reading Housing Community for Seniors and Disabled Residents resulting from $10.2...

Senior citizens and disabled residents living at the 74-unit Peter Sanborn Place in Reading will have their affordable rents extended for at least 24 years and will see property improvements as a result of...

MassHousing closes on $11.2 million in financing for 52 units of affordable rental housing...

MassHousing has closed on a total of $11.2 million in affordable housing financing to WinnCompanies for the development of 22 new rental housing units and 30 new condominiums on the East Boston Waterfront. The...

Gebroe-Hammer Associates arranges $23m multifamily sale of Waterside Villas in Central Jersey

Within one of Middlesex County’s highest income-growth neighborhoods, Gebroe-Hammer Associates has arranged the $23 million sale of 100 Class-A apartment-home units at Waterside Villas, an upscale 55+ community located at 1 Overlook Dr., in...

Walters holds ribbon-cutting ceremony for LEED-Gold Cornerstone at Delanco

Walters, an award-winning developer with offices in Barnegat and Haddonfield, N.J., held a ribbon-cutting ceremony to celebrate the opening of Cornerstone at Delanco, a 64-unit premium income-restricted housing development built on the site of...

Historic warehouse to be converted to multifamily units in Baltimore, Maryland

Transwestern Commercial Services (TCS) today announces its Mid-Atlantic Multifamily Group has been named the exclusive advisor for the adaptive reuse of the 138,000-square-foot historic warehouse at 1901 Light St. in Baltimore. The project could...

Comptroller DiNapoli, Mayor Palmieri, Doyle Hardware Building LLC, CPC & Empire State Development celebrate...

The Community Preservation Corporation (CPC) joined New York State Comptroller Thomas P. DiNapoli, Senior Advisor to Governor Cuomo for Upstate Economic Development John Maggiore, Utica Mayor Robert Palmieri, the development partners of Doyle Hardware...
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