Market Rate Housing - Northeast

Russo Development Begins Work On NJ Apartments
Once construction is complete, Vermella West will add 280 apartment units to the Northern New Jersey submarket. The property will comprise four residential buildings and more than 15,000 square feet of amenity spaces.
Market Rate
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.
Market Rate
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.
Market Rate

Cities

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    $50M Community Breaks Ground in Suburban NJ

    A public-private partnership is developing Quin Sleepy Hollow, a 212-unit, amenity-filled project that is the largest upcoming residential development in Plainfield, N.J.

    04 September 2017 07:22

  • Maplewood Debuts Cape Cod Senior Housing

    The 75-unit property is part of the Maplewood at Mayflower Place campus, a full-service continuing-care retirement community in West Yarmouth, Mass.

    24 August 2017 09:51

  • 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

  • Lena New Boston Breaks Ground on 41 Mixed-Income Units

    The $200 million redevelopment of the former Boston State Hospital site entered a new phase, which will include 22 affordable units. The project is part of Olmsted Green, a 42-acre development in the heart of the city.

    17 August 2017 21:17

  • 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

  • Jersey Asset Commands $147M Refi

    New York Life originated a 10-year loan on behalf of Sterling Properties. The asset is located in a northern New Jersey market with high barriers to entry.

    15 August 2017 18:54

  • WinnDevelopment Tapped for $1.6B Boston Project

    The Mary Ellen McCormack site will be transformed into a 3,000-unit mixed-income community set to be constructed over four phases.

    14 August 2017 08:50

  • 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.

    08 August 2017 14:02

  • Philadelphia Portfolio Lands $35M Refi

    Meridian Capital arranged the financing on behalf of Lindy Communities for six buildings. One of the largest properties is the 111-unit Academia Suites.

    08 August 2017 12:53

  • 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

  • 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.

    04 August 2017 14:24

  • 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.

    19 July 2017 15:18

  • NJ Community Changes Hands in $73M Deal

    The Addison at Princeton Meadows was built in 1981 and offers studios and one- and two-bedroom units. It was purchased free and clear of existing debt.

    18 July 2017 11:51

  • Sentinel Sells 122-Unit Brooklyn Community

    The property, which traded for $33 million, is located in the northern part of the borough’s Kensington neighborhood and includes studios, as well as one- and two-bedroom apartments.

    05 July 2017 11:12