Multifamily news in Deals - New York
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BLT Sells Connecticut Community for $73M
This marks the second-largest multifamily sale in Stamford so far this year.
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Fairfield Properties Pays $33M for Long Island Senior Asset
The 50-unit luxury property catering to seniors 55 and over traded for a record price.
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Namdar Group Lands $120M Loan for Jersey City Development
The project will be constructed in the Journal Square district, benefiting from nearby access to two commuter rail stations.
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Extell Development JV Lands $146M Refi for Manhattan Condo Tower
GTIS Partners originated the inventory loan for The Kent, a 104-unit property on the Upper East Side.
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New Jersey Gold Coast Luxury Project Scores $61M Loan
The nearly 500,000-square-foot condo property is the last to be developed within the Port Imperial community.
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Springpoint Senior Living Lands $115M Refi
The Series 2021 bonds refund the outstanding debt for the company's newly assembled obligated group.
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Heritage Equity Partners Secures Loan for Brooklyn Project
Madison Realty Capital provided the $53 million financing for construction of the 150-unit development in the South Park Slope neighborhood.
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Luxury New Jersey Community Trades in $84M Deal
Former owner J.P. Morgan Asset Management purchased the 200-unit asset in 2003 from its developer, in a $42 million deal.
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New York Storage Asset Trades for $18M
In 2016, seller and developer DealPoint Merrill financed the 685-unit project in Nanuet with a $6.8 million loan from Standard Insurance.
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Related Acquires Manhattan Affordable Housing for $424M
The Section 8 community and its 490 units in Manhattan’s Lower East Side are fully leased.
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Walker & Dunlop Closes $32M New York Sale
Managing Directors Thomas Walsh and Joseph Garibaldi facilitated the disposition of the 100-unit, transit-oriented luxury community in Port Chester.
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Finkelstein Timberger Secures $186M Bronx Refi
Fannie Mae provided the loan for 16 apartment properties through PGIM Real Estate’s agency lending program.
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Related Cos. Sells Manhattan Luxury Tower for $211M
Cushman & Wakefield represented the seller in its disposition of One Union Square South.
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PEEK Lands Construction Loan for New Jersey Community
The 50-unit Apex Orange Crossing will be located within a qualified Opportunity Zone in the City of Orange, N.J.
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Rockport Mortgage Provides $140M for New Jersey Community
The refinancing loan will extend the affordability of Parkview Towers, a 688-property owned by LIHC Investment Group in West New York.