Cities
Solow Building Launches Luxury NYC Condo Sales
The 43-story 685 First Ave. in Midtown East offers 148 units and a screening room, a 70-foot indoor lap pool and a children’s play room.
FourPoint Student Housing Brokers Florida Asset Sale
Company founders Chris Bancroft and Chris Epp, with the assistance of Senior Director Meredith Wolff, worked on behalf of the seller.
RBJ Center in Texas Begins Renovation, Redevelopment
The existing 16-story tower will be revamped and a new five-story building will be added. Upon completion, the property will have more than 500 apartments for seniors.
NJ Asset Lands $31M Loan
Capodagli Property Co. will use the construction mortgage from Sterling National Bank to build 172 units in the first phase of Meridia Brownstones in Rahway.
Rittenhouse Realty Sells Again in Philly’s Fishtown
The property, originally constructed in the late 19th century, was transformed into a luxury community and features a ground-floor commercial space currently leased to Fishtown Brewery.
2 CA Properties Obtain $125M
KeyBank Real Estate Capital originated the loans for the 385-unit Paseos Apartment Homes in Montclair and the 225-unit Pier in Los Angeles.
1031 Crowdfunding Buys Portland-Area Memory Care Facility
The 48-bed Rosewood Specialty Care is located across the street from Rosewood Park, another assisted living community that Frontier Management operates.
NHI Acquires Ohio Senior Housing Portfolio for $70M
Totaling 320 units, the communities will be leased to an affiliate of Bickford Senior Living at an initial rate of 6.9 percent with annual fixed escalators and a 15-year maturity.
Is New Jersey’s Investment Landscape in for a Treat?
Jeff Holzmann, managing partner of iintoo, discusses the company’s investments in Garden State and why Newark looks like the right candidate for Amazon HQ2.
Democratizing Real Estate Investment
StraightUp COO Omer Amsel discusses a new platform that levels the playing field for those seeking to invest in development projects.