Deals - Northeast
Cities
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New Hampshire MHC Trades for $4M
A Horvath & Tremblay team brokered the sale of Great Brook Village in Belmont.
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Rhode Island Self Storage Property Changes Hands
JLL Capital Markets arranged a five-year, fixed-rate acquisition loan for the 359-unit facility in Westerly.
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Philadelphia Student Housing Community Trades for $20M
The new owner has already rebranded the property and intends to add an affordable housing component to the 2008-built community.
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Jonathan Rose Cos. JV Lands $223M Loan for Phase II of Harlem Project
When completed, Sendero Verde is expected to be the largest multifamily development in the U.S. to meet Passive House standards.
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Phipps Houses Lands $217M Loan for Affordable Brooklyn Community
The 403-unit project is expected to be complete in the fall of 2023.
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J&L Cos. Receives $94M Loan for Newark Project
Greystone has arranged construction financing for the 12-story development.
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PGIM Real Estate Sells Philadelphia-Area Community
The property in Bala Cynwyd, Pa., was purchased for $59.5 million.
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Greystone Provides $50M Loan for Metro Philadelphia Property
Goldcrest Management used the Freddie Mac financing to acquire a 484-unit apartment community in Pine Hill, N.J.
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RHP Buys Pennsylvania MHC
The $7 million acquisition brings the company's portfolio of manufactured housing communities to 299 nationwide.
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Herald Realty Sells Niche Asset in Connecticut
The deal includes approvals to add another 32 units as well as amenity and outdoor terrace space to the property.
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Tishman Realty Acquires Manhattan Condos for $87M
This deal marks the first major bulk condominium sale in New York City since the pandemic began.
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JLL Income Property Trust Buys Boston Luxury Apartments
The REIT acquired the 192-unit community in the suburb of North Andover.
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Khosla Capital JV Buys New Jersey Apartments for $115M
JLL Capital Markets represented the seller in its disposition of a 360-unit community in Hackensack.
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SL Green Sells Interest in 2 Manhattan Communities
The REIT will use the proceeds for developments and its share repurchase program.
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Standard Communities Enters New Jersey With Atlantic City Buy
With a total capitalization of $38 million, the deal extends the senior housing community's affordability for another three decades.