Market Rate Housing - New York

JV Wraps Up NYC Mixed-Income Community Makeover
Nelson Management Group and L+M Development Partners have completed a complex, four-year renovation of the 318-unit Promenade Apartments in the Bronx.
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Manhattan’s Beekman Tower Lands $70M Refi
Meridian Capital Group arranged the 10-year CMBS loan for the 26-story Art Deco building. The property recently underwent a $24.2 million renovation to reposition it as corporate housing.
Market Rate
Rosewood Closes $83M Queens Sale
President Aaron Jungreis represented both the seller and the buyer in the exchange of the 343-unit portfolio. The seven buildings were constructed between 1913 and 1941.
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