Regions
Fortunes Point Up for Future Residents of Northwoods Apartments
The initial phase of 28 one- and two-bedroom garden-style apartment homes at Northwoods, a new apartment community in the Hudson Valley town of Wallkill, will be available for rent this winter.
Obama’s Proposed Carried Interest Tax Potentially ‘Devastating’ for Multifamily
Could job creation come at the expense of multifamily owners? The proposed carried interest tax could theoretically cripple the multifamily industry.
TODAY’S DEALS: Applied Development Completes Hoboken Acquisition
Applied Development Company completes ownership of 333 River Street in Hoboken; Voit completes the sale of a distressed community; and Deutsche Bank Berkshire Mortgage refinances FHA, mez debt with $28.5M Freddie Mac loan.
Green Rehab Completed on Harlem Apartments
Jonathan Rose Cos. has completed renovation of a group of occupied multifamily properties stretching from 107 to 145 West 135th Street in Harlem.
Luxury Property Jardin to be Reintroduced in a Condo-Hungry Brooklyn Neighborhood
Jardin, an upscale 44-unit condominium property that reached completion in 2007 just as the housing industry collapsed, is returning to the market.
Renters Flocking to Student Housing Conversion in Brooklyn
In downtown Brooklyn, a former seven-story multifamily building is being converted to a 44-unit student housing community.
TODAY’S DEALS: HRI, Woodward JV to Convert Historic New Orleans Building
HRI, Woodward JV to convert historic Louisiana building into apts; Urban Investment Partners acquires a 52-unit community in Washington, D.C.; and Hendricks & Partners arranges $975,000 sale at full listing price.
New Marketing Company Takes Industry LIC Condos to Market
After being on the market for roughly a year, Industry LIC, a 75-unit condo building in the Long Island City neighborhood of Queens, has a new marketing company, Modern Spaces.
Gilbane Earns High Marks for New VCU Off-Campus Housing
“Successful student housing is different from typical multifamily housing,” according to Gilbane Development. Find out why.
TODAY’S DEALS: Cushman & Wakefield Sells Luxury Manhattan Community
Cushman & Wakefield brokers the sale of a 352-unit luxury community in Manhattan; Essex Realty Group sells a 101-unit community in Chicago for $6.7 million; and NorthMarq Capital arranges a $12 million Freddie Mac permanent loan.