Finance & Investment - Northeast

  • Meridian Sells Brooklyn Community for $18M

    The firm sold the 60-unit, post-war building to S. Antonio Realty. The average unit size is 1,050 square feet.

    08 November 2017 15:49
  • NY Nursing Facility Lands $25M Refi

    Greystone provided the HUD-insured loan for Adira at Riverside Rehabilitation & Nursing in Yonkers, N.Y. The financing carries a 30-year term at a low, fixed rate.

    06 November 2017 15:09
  • Greystar Nabs NJ Community for $70M

    Cushman & Wakefield represented the seller, Invesco Real Estate, in the disposition of the amenity-filled, 115-unit property located in Hoboken, N.J.

    03 November 2017 14:09
  • Jehovah’s Witnesses Sells Historic Brooklyn Asset

    Formerly a hotel known as “the aristocrat of Brooklyn Heights,” the 295-unit The Towers will be redeveloped into Brooklyn’s first luxury senior housing community.

    02 November 2017 15:28
  • Meridian Capital Arranges $50M Construction Loan

    SAMTD Woodbridge LLC will use the financing for the development of The Grande at Metro Park, a 232-unit apartment community in Iselin, NJ. The buildings will feature an 8,200-square-foot retail space.

    31 October 2017 01:58
  • PA Community Lands $32M Refi

    Managed by Paradigm Properties Group, Deerfield Commons is located in Central Pennsylvania. The loan includes two years of interest-only payments followed by a 30-year amortization schedule.

    27 October 2017 15:26
  • Jefferson Apartment Group Acquires Suburban Boston Asset

    One Upland, in Norwood, Mass., includes 262 units. The property was built by Campanelli and Thorndike Development in 2016.

    27 October 2017 14:54
  • Community Trades for $45M in Philly Metro

    Aulder Capital obtained a seven-year securitized loan through Freddie Mac's CME Program for the property, which is situated 15 minutes from the University of Delaware.

    27 October 2017 09:53
  • PA Properties Land $26M

    The two assets are situated in Lancaster and Hershey, Pa., and feature 160 units each. Colliers' capital markets team secured five-year fixed-rate loans for both properties.

    24 October 2017 15:31
  • Queens Nursing Facilities Land $54M Refi

    With a total of 576 units, both properties are part of the SentosaCare network. Greystone provided the HUD-insured mortgage loans for the two highly specialized assets.

    19 October 2017 15:40
  • TD Bank Invests in Affordable Philly Community

    The bank provided a $9.1 million construction loan and purchased $12.0 million in federal tax credits. The money will be used to redevelop a nursing home into a 60-unit affordable housing project for seniors.

    18 October 2017 20:34
  • Chicagoland, Boston Senior Living Communities to Break Ground

    Deploying a budget of $64.5 million, Capital Senior Housing will develop two new assets comprising more than 150,000 square feet and nearly 180 apartments in Glenview and Andover.

    17 October 2017 15:22
  • NJ Senior Community Lands $8M Refi

    Magnolia Gardens Assisted Living was subject to a 35-year loan. Laura Saull-Smith arranged the financing for the 79-unit community located in Toms River, N.J.

    17 October 2017 14:16
  • 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.

    16 October 2017 12:16
  • 22-Property Portfolio Commands $467M

    HFF helped Equus Capital Partners sell the 3,426 units. The assets are in suburban Philadelphia, Lancaster, Harrisburg, Wyomissing, Lehigh Valley and northeastern Pennsylvania.

    12 October 2017 17:14