New York
LCOR, Madison International Land $87M for NJ Community
JLL Capital Markets arranged the financing for the mixed-use community.
Japanese Investor Enters US Market
MC Real Estate Partners and Tokyo Trust Capital acquired the 416-unit asset on behalf of the financial institution.
New York to Transform Distressed Hotels Into Affordable Housing
The law allows for Class B hotels to use certificates of occupancy to operate as residential spaces.
RXR Secures $105M Refi for New York Tower
This property was the first high-rise residential building delivered in New Rochelle since 2007.
New York Says “No” to Good Cause Eviction Bill
The state legislature declined to pass a controversial bill that would have prohibited most evictions and made it harder to raise rents.
The Brodsky Organization Lands $144M Loan
M&T Realty Capital Corp. secured the financing for the 312-unit building in Brooklyn.
Top Multifamily Markets for Construction Activity
The top 10 metros account for about 40 percent of all units underway.
Manhattan Multifamily Report – May 2022
The market has come a long way following two difficult years.
Arker Cos. Breaks Ground on NYC Affordable Housing Project
The company sold 10 of the 11 building sites at Edgemere Commons to Tishman Speyer last year.