New York
Friedkin Property Group Expands in New York With $113M Buy
CBRE represented the seller and procured the buyer.
Top 5 NYC Multifamily Building Sales—August 2022
PropertyShark compiled the city’s biggest transactions of the month.
Related Leasing Hotel-Inspired NYC High-Rise
The Set offers 270 fully-furnished and fully-serviced units.
LeCesse Breaks Ground in New York
A $49.5 million construction loan was secured for phase two, which will open in fall 2023.
Mill Creek Opens Luxury New York Community
The 334-unit asset was built to NAHB Green Building Standards.
Historic NY Factory to Get $64M Makeover
East House and MM Advisors will transform the 19th-century brick structure into affordable units.
Hudson Valley Property Group Closes $292M Affordable Housing Fund
Capital for the vehicle was raised from a range of institutional investors.
Domain Cos. JV Receives $142M in Construction Financing
The project has a total capitalization of $230 million.
Brooklyn Multifamily Report – August 2022
Rents, occupancy and investment sales in the borough all showed significant gains.
Manhattan Multifamily Report – August 2022
Investment activity was tepid during the previous two years, mostly due to the health crisis and rent control measures, but sales activity during the first half of 2022 made up for that, with more than $3 billion in multifamily deals recorded.