Northeast
Top 5 NYC Multifamily Sales—April 2021
PropertyShark compiled the top multifamily sales recorded last month in New York City.
Herald Realty Sells Niche Asset in Connecticut
The deal includes approvals to add another 32 units as well as amenity and outdoor terrace space to the property.
Tishman Realty Acquires Manhattan Condos for $87M
This deal marks the first major bulk condominium sale in New York City since the pandemic began.
Reviving America’s Workforce Housing: Spotlight on the Hudson Valley
Aker Cos. Principals Will Brocker and Mike Amato detail the company’s plans to revitalize the workforce housing market in the region.
New Jersey Self Storage Facility Breaks Ground
Quinlan Development Group plans to complete the 1,084-unit Fair Lawn facility next summer.
A Closer Look at Energy-Focused Financing for Multifamily
Green energy lenders discuss C-PACE’s growing popularity over the past year and how the program can further strengthen the apartment market.
Philadelphia Student Housing Development Gets $23M
College Town Communities will use the loan to build the 264-bed expansion near Penn State Abington’s campus.
Manhattan Multifamily Project Secures $59M Financing
The development will add 113 units within an Opportunity Zone in one of the borough’s growing submarkets.
Quinlan Kicks Off 17-Story Mixed-Income Brooklyn Project
CIT Group provided a $35.7 million construction loan, with Hines contributing mezzanine financing.
JLL Income Property Trust Buys Boston Luxury Apartments
The REIT acquired the 192-unit community in the suburb of North Andover.