Market Rate Housing - Northeast

On the Market: 5 Interesting Listings for the Week of 8/17
This week's list of properties includes a high-end community in Oakland, Calif.; a vintage asset in the Detroit metro area; and an under-construction mid-rise in Jamaica, N.Y.
Market Rate
MD Multifamily Buyer Lands $34M Financing
The first mortgage bridge loan provided by Hunt Real Estate Capital financed the acquisition and planned renovations of a 208-unit community in Pikesville, Md.
Market Rate
Goldman Sachs Snags 821-Unit Philadelphia Community
The purchase of Chestnut Hill Village marks the company's 18th investment, bringing its total portfolio to 5,600 units. HFF worked on behalf of the new owner to arrange a 10-year, fixed-rate acquisition loan.
Market Rate

Cities

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    Roseland Residential Secures $131M for Jersey City Community

    New York Life Real Estate Investors arranged the eight-year fixed-rate loan for Marbella Apartments in New Jersey. The 412-unit tower offers access to a spa, a dog run and a full service concierge.

    07 August 2018 15:30

  • Upstate NY Community Commands $59M

    At 761 units across four buildings, Siara Management‘s Nob Hill Apartments is one of the largest communities in Syracuse, N.Y.

    07 August 2018 06:50

  • Top 10 Pittsburgh Apartment Owners

    The metro's slow-but-steady economic growth is reflected in an insignificant rise in apartment rents and tepid housing demand, with public authorities making up nearly half of the biggest owners.

    06 August 2018 16:42

  • Boston-Area Community Trades for $44M

    PP Hudson Investors has acquired the 176-unit Matrix Hudson in Hudson, Mass. The seller was a joint venture between Heritage Properties and Moss Development. 

    01 August 2018 17:00

  • Broadtree Acquires $138M Portfolio

    The company purchased 1901 S. Charles and 2 E. Wells in Baltimore, as well as The Overlook in Camp Hill, Pa. After closing, Broadtree now has a property base of nearly $350 million.

    31 July 2018 18:22

  • On the Market: 5 Interesting Listings for the Week of 7/23

    This week's listings include a spacious community in west Portland, a 196-unit community just outside of central D.C. and more.

    27 July 2018 15:23

  • PA Community Changes Hands for $12M

    The transaction is representative of the strong demand for multifamily assets in the Harrisburg-Carlisle MSA, a growing alternative market, according to Rittenhouse Realty Advisors.

    23 July 2018 15:28

  • Manhattan High Line Portfolio Commands $28M

    Cushman & Wakefield represented the seller, while JLL secured acquisition financing on behalf of the buyer. The four contiguous buildings comprise 26 apartments and four ground-floor retail units.

    23 July 2018 14:03

  • Meridian Capital Secures $115M for Brooklyn Asset

    Built on a former multi-use site, Hampshire Properties' 302-unit development will bring a series of upscale amenities to the borough's largely residential Midwood neighborhood.

    20 July 2018 16:35

  • Paredim Partners Acquires $27M CT Community

    The Arbors at Brighton Park in Bloomfield offers a resident clubhouse, a dog park and a swimming pool. Institutional Property Advisors represented the seller in the transaction.

    20 July 2018 15:36

  • On the Market: 5 Interesting Listings for the Week of 7/16

    This week's listings include a newly constructed luxury community in Boston, a 1920s-era property in Los Angeles and more.

    20 July 2018 15:09

  • CBRE Secures $27M for Former MA Chocolate Factory

    The historic building close to downtown Mansfield is being redeveloped into a mixed-income, mixed-use property that will contain 130 units.

    20 July 2018 14:27

  • Cornerstone Arranges $14M for MA Asset

    Langley Terrace in Newton currently comprises three buildings and one two-family home, which will be leveled in order to construct a three-story apartment asset. Construction is scheduled for completion by June 2019.

    18 June 2018 16:39

  • $21M NY Affordable Housing Redevelopment Opens

    Chappaqua Crossing Apartments in Westchester County, the former site of the Reader's Digest headquarters, features 64 mixed-income units and access to a playground, a clubroom and walking trails.

    11 June 2018 17:23

  • NYC Developer Obtains $46M Loan to Build Kips Bay Condos

    Forkosh Development Group's newest project is a 20-story residential building in the Manhattan neighborhood. The site, formerly three small apartment buildings, was purchased earlier this year for $17 million.

    06 June 2018 13:56