Deals - Northeast

Suburban Philly Property Trades for $34M
The apartment community was part of the Rental Assistance Demonstration program and received a 20-year subsidy contract. The previous owner improved multiple aspects of the 1950 buildings.
Market Rate
Brooklyn Luxury Condo Sets Sales Record
The 14-unit 868 Lorimer On The Park is 50 percent sold within three months of The Serhant Team launching sales. The property also includes Greenpoint neighborhood‘s most expensive condo sale.
Slideshow
Invesco Expands Portfolio With MA Buy
CBRE/NE represented the seller and procured the buyer. The property is three blocks away from Nantasket Beach and offers easy access to the South Shore.
Luxury

Cities

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    Philly Multifamily Portfolio Trades for $14M

    The properties situated in Philadelphia's University City changed hands for a total of $14 million. The locations offer residents access to the city's attractions and employment centers.

    11 October 2017 09:28

  • Emerald Equity Lands $129M for Bronx Portfolio

    Sabal Capital Partners closed on 34 Freddie Mac Small Business Loans on behalf of Emerald. Comprising more than 850 units, this marks the largest Small Balance Loan transaction through the Freddie Mac SBL program since it was created in 2014.

    05 October 2017 14:11

  • CIM Sells Manhattan Luxury Tower for $80M

    A joint venture purchased the 110-unit Madison Park Tower, a onetime hotel, using a $65 million acquisition loan from affiliates of Square Mile Capital Management.

    04 October 2017 16:13

  • Beacon Communities Buys NDC, $250M Portfolio

    The residential development company now owns National Development Corp. and its 59 properties, most of which are affordable communities. The portfolio is valued at more than $250 million and expands Beacon’s portfolio to 14 states.

    02 October 2017 21:01

  • Minneapolis Project Lands $130M Financing

    The Legacy, a joint venture between Provident Real Estate Ventures and Shamrock Properties, received a senior loan from PCCP.

    26 September 2017 16:43

  • Kushner Cos. Lands 1,032-Unit NJ Community

    A joint venture between Angelo, Gordon & Co. and Candlebrook Properties sold the asset in Plainsboro, N.J. The buyer assumed the in-place debt on the property.

    25 September 2017 08:25

  • HFF Arranges Sale of DE Apartment Community

    The 301-unit apartment community known as Brandywine Hundred Apartments changed hands for an undisclosed price. The property is located near major thoroughfares and is 20 minutes away from the Philadelphia International Airport.

    21 September 2017 08:52

  • Manhattan Sale Prices Drop: CityRealty Report

    The study found that the average cost in the New York City borough continues to drop, but downtown is still thriving when it comes to condo, co-op and new development purchases.

    07 September 2017 15:43

  • Manhattan Community Trades for $61M

    The 117-unit apartment building is situated in the Gramercy Park neighborhood, while residents benefit from easy access to multiple public transportation options.

    04 September 2017 14:26

  • Monogram Expands MA Footprint With Boston Buy

    The company acquired The Washingtons, a 182-unit community in Melrose, Mass. JLL’s capital markets team brokered the deal.

    30 August 2017 10:57

  • Northern NJ Community Trades for $41M

    Gebroe-Hammer Associates represented both parties in the sale of Crest Ridge Apartments, a 178-unit, garden apartment community located in West Orange, N.J.

    21 August 2017 15:47

  • Rhodium Buys 462-Unit CT Portfolio

    The Bridgeport portfolio, acquired in partnership with Toronto-based Firm Capital, encompasses a 179-unit community and 13 other apartment buildings across Bridgeport.

    21 August 2017 12:30

  • Phillips Realty Secures $31M Financing for PA Project

    The company worked on behalf of Woodfield Investments, the developer of the 320-unit Woodfield at Valley Forge in suburban Philadelphia. The asset will be part of of the Village at Valley Forge, a 122-acre mixed-use lifestyle property.

    17 August 2017 20:53

  • Greystone Scores $36M for DE Deal

    The company worked with Fannie Mae and New York Mortgage Trust Inc. to secure financing for Concordia Properties, which purchased Autumn Park, a 360-unit community.

    17 August 2017 14:52

  • Capano Residential Nabs DE Community

    Merion Realty Partners sold the 231-unit property in Wilmington, Del., after completing a $2 million refurbishment that included the renovation of 84 units.

    07 August 2017 16:17