Market Rate Housing - Northeast
Cities
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Suburban Mixed-Income Boston Project Gets Financing
The funding from MassHousing will support development of the 111-unit second phase of a mixed-income property in Brockton, Mass.
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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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Blue Onyx Cos. Breaks Ground on New Jersey Project
The 78-unit building is expected to be completed by the spring of 2023.
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Natixis Originates $60M Refi for Brooklyn Asset
Meridian Capital Group arranged the financing package for the Class A multifamily property.
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YS Developers Lands $63M Loan for Bronx Project
The financing will go toward building a mixed-income community in the Mott Haven neighborhood.
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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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Ares Lands $78M Refi for New York Community
The owner will use the loan proceeds to retire $66 million in CMBS debt and continue rehabilitation of the partially affordable asset in Westchester County.
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Common Tapped to Manage NYC Co-Living Units
Simon Baron Development chose the operating firm to manage 419 beds at one of the largest co-living buildings in the country.
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Berkley Properties Secures $21M Refi for New York Community
The property last changed hands in 2016 and has since undergone $2 million worth of upgrades.
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Adaptive Reuse Project Lands $17M Loan in Providence
With help from Berkadia, the owner of a former mill turned into loft-style residences has obtained HUD 223(f) financing.
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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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Manhattan Multifamily Project Secures $59M Financing
The development will add 113 units within an Opportunity Zone in one of the borough's growing submarkets.
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Quinlan Kicks Off 17-Story Mixed-Income Brooklyn Project
CIT Group provided a $35.7 million construction loan, with Hines contributing mezzanine financing.
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Avery Hall Starts Pre-Leasing Brooklyn Mixed-Use Community
One Boerum Place will see its first move-ins this summer and a majority of its units completed by late fall.