Market Rate Housing - Northeast

Suburban Philly Property Trades for $34M
The apartment community was part of the Rental Assistance Demonstration program and received a 20-year subsidy contract. The previous owner improved multiple aspects of the 1950 buildings.
Market Rate
Boston’s Hood Business Park Gets Residential Component
The mixed-use project will add 177 units and 10,500 square feet of retail space to the Hood Business Park complex.
Market Rate
Philly Multifamily Portfolio Trades for $14M
The properties situated in Philadelphia's University City changed hands for a total of $14 million. The locations offer residents access to the city's attractions and employment centers.
Market Rate

Cities

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    LeFrak Completes $70M Reno of Queens Community

    The firm's five-year capital improvement program has come to an end, bringing the 4,600-unit, 20-building LeFrak City community to a new level with a series of infrastructure and amenity upgrades.

    10 October 2017 14:46

  • SG Blocks to Develop Largest Projects in Company History

    The developer of container-based structures plains to build two low-income housing projects totaling 390,000 square feet in New York State. Both multistory buildings will be fully modular.

    05 October 2017 14:59

  • Beacon Communities Buys NDC, $250M Portfolio

    The residential development company now owns National Development Corp. and its 59 properties, most of which are affordable communities. The portfolio is valued at more than $250 million and expands Beacon’s portfolio to 14 states.

    02 October 2017 21:01

  • Kushner Cos. Lands 1,032-Unit NJ Community

    A joint venture between Angelo, Gordon & Co. and Candlebrook Properties sold the asset in Plainsboro, N.J. The buyer assumed the in-place debt on the property.

    25 September 2017 08:25

  • 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.

    22 September 2017 14:06

  • 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.

    21 September 2017 08:52

  • 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.

    04 September 2017 14:26

  • $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