Northeast

Philadelphia: Image by DutcherAerials/iStockphoto.com

Philadelphia Multifamily Report – Fall 2021

Despite some crosswinds, the city’s rental market has stabilized.

Affordable Suburban Boston Project Secures $27M Loan

MassHousing provided the financing for the first phase of an adaptive-reuse project in Lawrence, Mass.

Manhattan High-Rise Lands $70M Refi

PCCP provided the loan for the 197-unit building.

50th and 5th, Hunter’s Point, Long Island City, N.Y.

Domain Cos. JV Secures $220M Loan for NYC Project

The $370 million mixed-use development will soon rise in Long Island City.

Ascott Residence Trust to Buy Student Housing Portfolio for $213M

The properties total more than 1,600 beds serving students at five major universities.

Top 5 NYC Multifamily Building Sales—November 2021

PropertyShark’s monthly roundup of the city’s biggest deals.

Fetner JV Scores $125M for Manhattan Development

Wells Fargo provided the loan for the construction of a 171-unit property.

Coney Island Mixed-Use Project Starts Next Phase

Thirty percent of the units will be earmarked for affordable housing.

HAP Investments Lands $77M Refi for 3 NYC Assets

The East Harlem properties encompass some 160 units.

Fairstead JV Pays $350M for Affordable Housing Portfolio

The deal is the biggest of its kind in New York City this year.