New York
Top 5 NYC Multifamily Sales
PropertyShark compiled the top 5 multifamily sales recorded in March 2018 in New York City.
HFF Provides $20M Financing for Manhattan Condo Project
Working on behalf of the developer, privately owned real estate company Ekstein Development Group, the HFF team placed the floating-rate construction loan with S3 Capital Partners.
JV Secures Financing for Manhattan Luxury Condos
Delancey Street Associates, a joint venture including BFC Partners, L+M Development Partners, Taconic Investment Partners and Goldman Sachs, is developing 202 Broome at Essex Crossing, which will include 83 units and retail and office space. Construction is expected to be complete in 2021.
Manhattan Condo Project Secures $72M
Highline Development Group’s property, 550 W. 29th Street, includes 19 units and more than 5,000 square feet of retail or gallery space.
Manhattan Luxury Condos Land $155M Financing
Sumaida + Khurana and LENY’s 35-story project will be the award-winning architect Alvaro Siza’s first U.S. development and will include 83 highly amenitized units.
On the Market: 5 Interesting Listings for the Week of 4/9
This week’s listings include a mixed-use investment opportunity on Manhattan’s Upper West Side and a newly renovated community in the Denver metropolitan area.
Asset Campus to Manage NY Community
The Brock is situated two blocks from SUNY Brockport University and offers one-, two-, three- and four-bedroom units across a three-story building.
Tishman Speyer to Develop 480-Unit Brooklyn Tower
The luxury community 11 Hoyt, the company’s first ground-up New York City condo project, will feature 190 floorplans and on-site parking.
Kushner Buys 360-Unit NJ Property
The company has acquired Prospect Place, a two-building community located in Hackensack, N.J., from Greystar.
Avanath Buys 3 Affordable Communities in NJ, MD
Through its Affordable Housing III fund, the company bought two properties in Upper Marlboro, Md., and one in Wharton, N.J., with plans to upgrade the assets.