Northeast
New York Affordable Senior Housing Project Kicks Off
The adaptive reuse of the 110-year-old building will target LEED Gold certification and add 109 affordable units in Westchester County.
Affordable Suburban Philadelphia Housing Lands $35M HUD Grant
A public-private partnership will use the funding to rehabilitate and expand the 306-unit asset in Camden, N.J.
Tackling Affordable Housing in the Northeast
Standard Communities’ Sean Carpenter delves into the challenges affecting the region’s multifamily market, but also weighs in on signs of growing economic vitality across the area’s main metros.
Greystone Provides $50M Loan for Metro Philadelphia Property
Goldcrest Management used the Freddie Mac financing to acquire a 484-unit apartment community in Pine Hill, N.J.
Lender Counts on New York Metro Comeback to Be Quicker Than Expected: Q&A
Slate Property Group Co-Founder & Principal Martin Nussbaum on opportunities in the transitional loan market.
Pittsburgh Multifamily Report – Spring 2021
During a recent 12-month stretch, the metro’s rent growth rate has roughly mirrored the national average.
Ares Lands $78M Refi for New York Community
The owner will use the loan proceeds to retire $66 million in CMBS debt and continue rehabilitation of the partially affordable asset in Westchester County.
Slate, RiseBoro Partner on Affordable Brooklyn Project
The developers plan to reserve the majority of the 215 units as supportive housing.
Adaptive Reuse Self Storage Facility Opens in Baltimore Suburb
The abandoned industrial building has been converted into a net-zero energy facility with two floors of drive-up access units.
RHP Buys Pennsylvania MHC
The $7 million acquisition brings the company’s portfolio of manufactured housing communities to 299 nationwide.