Deals - Northeast
Cities
-
Philadelphia-Area Value-Add Properties Change Hands
Rittenhouse Realty Advisors sold Maple Grove Apartments and Royersford Gardens, two apartment communities located in Montgomery and Bucks Counties.
12 August 2019 13:09 -
Halfpenny Management Picks Up Lehigh Valley Community
Birchwood Commons, a 96-unit residential property in Bethlehem, Pa., was completed last year. A Berkadia team orchestrated the sale and arranged the acquisition financing.
08 August 2019 15:55 -
BH3 Buys $195M Loan on Distressed NYC Skyscraper
The real estate investment firm has taken over the defaulted mortgage on 125 Greenwich St., an 88-story luxury condo tower in Manhattan's Financial District that topped out earlier this year.
01 August 2019 20:36 -
New Jersey Workforce Housing Portfolio Sells for $146M
An international investor scooped up the seven communities totaling 1,035 units from Murnick Property Group, which has operated and maintained the buildings for the past half-century.
31 July 2019 20:17 -
L+M, Invesco Partner for $1.2B NYC Housing Deal
The duo agreed to buy more than 2,800 market-rate apartments in Manhattan from Urban American and Brookfield Asset Management and will restore the affordability of more than 1,800 units.
31 July 2019 19:17 -
Bell Partners Buys Boston-Area Community
Vinnin Square Apartment Homes in Salem will be renamed and managed by the firm, bringing its current operations in the Boston metro to seven properties.
31 July 2019 13:47 -
Pacific Urban Residential Expands in the Northeast
The Palo Alto, Calif.-based firm acquired AVA Stamford, an 18-story luxury tower in downtown Stamford, Conn., from AvalonBay Communities.
30 July 2019 13:09 -
Hamilton Zanze Buys DC-Area Community
The real estate investment firm has acquired The Reserve at Ballenger Creek Apartments, a 204-unit asset in Frederick, Md. Mission Rock Residential has taken over property management.
25 July 2019 12:38 -
Pennsylvania Student Housing Portfolio Changes Hands
Rittenhouse Realty Advisors arranged the sale of the 44 properties for $21.3 million to a purchaser new to the student housing market.
24 July 2019 13:40 -
NYC Moves Forward on $260M Harlem Project
Empire State Development approved a modified plan along with $4.5 million in grants for the redevelopment project, which will include more than 170 affordable and supportive housing units.
22 July 2019 17:56 -
Boston-Area Community Scores $49M in Affordable Financing
Developer WinnCompanies acquired the 284-unit property, a converted industrial leather tanning complex in Peabody. The deal ensures the apartments will remain accessible to low-income families.
17 July 2019 13:15 -
Harbor Group Buys Brooklyn Community for $117M
The 193-unit rental property, named The Frederick, was built in 2017 and is located in the popular Crown Heights neighborhood.
11 July 2019 14:30 -
Equity Residential Makes $165M Boston Sale
ING Group provided LaSalle Investment Management and Jefferson Apartment Group with more than $104 million in acquisition financing for a rental community in the city’s Fenway-Kenmore neighborhood.
09 July 2019 12:38 -
Related Cos. Sells Affordable South Bronx Community
Prana Investments purchased the 252-unit River Court and Gerard Court. Hodges Ward Elliott’s Daniel Parker, Paul Gillen and Ariel Tambor acted on behalf of the seller.
09 July 2019 12:16 -
Strategic Capital Scores $70M Loan for NY Tower
NKF arranged the financing on behalf of the Chinese-backed developer. The 213-unit luxury community in Yonkers, River Club at Hudson Park, is currently being leased.
05 July 2019 13:20