Market Rate Housing - Northeast
Cities
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Rittenhouse Realty Sells 120 Units in DE
Constructed in 1975, the Wilmington community includes 118 units, a swimming pool and 240 parking spaces.
28 March 2018 17:50 -
Kamson Corp. Sells NJ Community for $50M
Gebroe-Hammer Associates arranged the sale of Forrest Hill Terrace Apartments, a 452-unit garden-style community located in Newark.
27 March 2018 14:14 -
E&M Management Buys 2 NY Properties
The two communities, located in Port Ewen and Kingston, traded for $44 million. The purchase was funded with a $33 million loan.
23 March 2018 20:51 -
Gebroe-Hammer Arranges $26M Sale in Bethlehem, PA
The townhome community comprises two-, three- and four-bedroom units and is located near the city's historic center, as well as several large employers.
23 March 2018 20:14 -
PA Community Receives $9M Freddie Mac Loan
The borrower used the current loan to pay off debt service and prepayment penalty, while also recovering trapped equity, which will be reinvested into the apartment community.
14 March 2018 13:32 -
Tree Group’s CT Portfolio Trades for $48M
Chozick Realty represented the seller and procured the buyer in the transaction, which included Peppertree in Groton, Silvertree in Wallingford and Harbortree in New London.
12 March 2018 16:10 -
Rittenhouse Realty Closes $6M Sale in Philly
The four-story building comprises 15 units and a commercial ground floor component, a space currently leased to Sherwin Williams.
12 March 2018 15:06 -
LeCesse to Build 248-Unit Community in King of Prussia, PA
Skye 750 will be located within King of Prussia's growing business park, a live-work-play environment comprising approximately 3.5 million square feet of office space.
07 March 2018 13:00 -
Stellar Management Expands NYC Portfolio
The firm acquired a 42-unit building in Hamilton Heights, making it the owner of 37 percent of the residential properties along a five-block stretch of Broadway.
21 February 2018 15:17 -
RXR Tops Off Brooklyn Mixed-Use
The 810 Fulton St. development in Fort Greene will offer 393,000 square feet of residential and retail space across 12 floors. The project is scheduled for completion in 2019.
14 February 2018 15:35 -
NJ Community Lands $19M Fannie Mae Loan
AMS Acquisitions purchased the 85-unit Silk Lofts, an adaptive reuse of a former Maidenform factory in Bayonne, N.J.
09 February 2018 15:20 -
Top 10 Boston Apartment Owners
Despite rising multifamily property prices, the city has been attracting attention from major investors due to its growing economy and population, as well as its relative affordability.
09 February 2018 14:11 -
Meridian Secures $4M Loan for CT Community
The 40-unit Chapel Street Lofts in New Haven has undergone recent renovations including flooring, kitchen appliances and security system upgrades.
05 February 2018 10:18 -
Carmel Partners Expands Into NJ
Marking the firm's first investment in the state, the company purchased Hunters Glen in Plainsboro Township and plans on updating interiors, renovating the exterior and improving amenities.
02 February 2018 19:13 -
Airbnb Intensifies Gentrification Across NYC Communities: Report
According to a ShareBetter coalition report, short-term rentals have removed as many as 13,500 housing units yearly, with 66 percent of revenue being derived from illegal listings.
02 February 2018 14:33