Northeast
Metro Storage Expands New Jersey Footprint
PNC Bank provided $12 million in financing for the development of the newly completed facility.
Common Tapped to Manage NYC Co-Living Units
Simon Baron Development chose the operating firm to manage 419 beds at one of the largest co-living buildings in the country.
Berkley Properties Secures $21M Refi for New York Community
The property last changed hands in 2016 and has since undergone $2 million worth of upgrades.
Naftali Group Secures $103M Loan for Manhattan Condos
The financing will be used to develop a 13-story mixed-use property on the Upper East Side.
Adaptive Reuse Project Lands $17M Loan in Providence
With help from Berkadia, the owner of a former mill turned into loft-style residences has obtained HUD 223(f) financing.
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.