New York
NYC Housing Partnership’s Work Toward a More Affordable City
Executive Vice President Esther Toporovsky highlights the strategies that could help tackle affordability issues in New York City.
L+M Development to Build Newark OZ Project
Partnering with Urby, the developer received $61.5 million in construction financing to build the downtown mixed-use community.
Rockport Mortgage Provides $140M for New Jersey Community
The refinancing loan will extend the affordability of Parkview Towers, a 688-property owned by LIHC Investment Group in West New York.
Brooklyn Asset Trades for $46M
KKR assumed a $26.2 million Freddie Mac loan as part of its acquisition of the 81-unit Clinton Hill community.
Top 5 NYC Multifamily Sales—September 2020
PropertyShark compiled the top 5 multifamily sales recorded in September 2020 in New York City.
The Arker Cos. Opens 1st Phase of Brooklyn Affordable Development
The developer completed the first 332 units of its project part of the $1.4 billion Vital Brooklyn initiative.
Invictus JV Scores $28M Financing for Manhattan Property
JLL secured the loan, which will retire the construction and mezzanine loans.
Inland Real Estate Buys Beachfront Asset in New York
Located on the Long Island’s South Shore, 10 West Apartments in Long Beach, N.Y., last underwent renovations in 2016.
Walters Group Opens New Jersey Affordable Community
The developer completed the first five buildings of the 72-unit property in Howell.
MAG Partners Secures $173M Construction Loan for Manhattan Property
The financing was provided by Madison Realty Capital and will fund the development of a 480-unit mixed-income project.