Regions
Top 10 NYC Multifamily Sales in May 2016
Check out the latest data from Property Shark and discover the priciest multifamily apartment deals in NYC recorded in May 2016. Find out the one borough which managed to put up a fight against Manhattan, who some of the top deal makers were, and what the kings of New York real estate are buying up now. 1. Sale Price: $75,400,000 Buyer: US-Dev Associates II LLC Seller: 85 East 10th and 112-120 East 11th Street LLC Part of a larger $127M deal which incorporates 6 East Village buildings, this property is slated for new development. New owners, Lightstone, are expected…
High-End Brooklyn Community Filling Up Fast
The Stahl Organization’s building features 144 condos and 234 rental units.
Construction Begins on 45 Park Place
Sharif El-Gamal’s Soho Properties has broken ground on the luxury condo tower in Manhattan’s Tribeca neighborhood, not far from the World Trade Center site.
P.B. Bell Lakeside Community Opens in Suburban Phoenix
The multifamily developer opened Velaire at Aspera, a walkable lakeside addition to its portfolio, and its third new community since September 2015.
Cape Advisors Launches Sales for 30 Warren
The developer of the new 12-story community is looking to fill the 23 lofty residences with outdoor spaces in Tribeca.
M West Holdings Snaps Up Asset in Old Bank District
Kennedy Wilson arranged the $37 million deal, with financing provided by Mesa West Capital.
New Apartment Tower Opens in Downtown Long Beach
AndersonPacific, Ledcor Properties and Qualico Developments built the neighborhood’s first new multifamily high-rise since the recession.
Annex Student Living Launches Central Missouri Housing
The developer hopes to capitalize on the nearby university’s significant enrollment growth by providing 87 upscale units.
Economy Watch: Inflation Sees Uptick, Rents Surge
The latest BLS report showed continued rent growth as most markets are still experiencing pent-up demand and still-weak supply.