New York
Equity Residential Acquires Jersey City Community
Madox is a 131-unit LEED Silver certified building located in the Paulus Hook neighborhood. J.P. Morgan Asset Management was the seller.
Closeup on the Bronx Affordable Housing Market
Developing and preserving affordable units in the dynamic borough of New York City is a genuine challenge. MBD’s Derrick Lovett and Monadnock’s Tom Ciano weigh on the borough’s affordable housing shortage and discuss the companies’ recent multifamily projects.
Multifamily Manhattan Report – Winter 2019
Despite strong demand, apartment construction across the borough has slowed, while the average rent is approaching the $4,200 mark.
$80M Luxury Community for Seniors Coming to Long Island
Triangle Equities is teaming up with GTIS Partners to develop Kensington Estates, an upscale community targeting seniors aged 55 and over in Woodbury, N.Y.
Armani’s Manhattan Flagship Makeover to Include Luxury Residences
SL Green and Giorgio Armani teamed up to redevelop the boutique store at 760 Madison Ave., which will feature 19 upscale residences, including one for the famed designer himself.
Jersey City High-Rise Receives $258M in Financing
A partnership of Kushner Real Estate Group and National Real Estate Advisors closed on the financing for the construction of Tower Two at Journal Squared.
Senior Housing Community Breaks Ground in NY
Construction has begun on Atria New City, a $30 million, 80-room assisted living and memory care facility in Clarkstown, N.Y.
Queens Luxury Building Lands $116M Loan
The financing, provided by Benefit Street Partners Realty Trust, will be used to pay down debt and add new amenities to the building’s units, fitness center and lobby.
Sabal Capital Partners Closes $189M Portfolio
The properties total 880 units in New York City’s East Harlem neighborhood, marking the largest transaction in the history of Freddie Mac’s Small Balance Loan Program.
NYC Firm Launches Investment Platform
Hello Vision will provide financing for ground-up and renovation development projects, as well as invest in multiple asset categories.