Northeast
Brooklyn Asset Trades for $46M
KKR assumed a $26.2 million Freddie Mac loan as part of its acquisition of the 81-unit Clinton Hill community.
Top 5 NYC Multifamily Sales—September 2020
PropertyShark compiled the top 5 multifamily sales recorded in September 2020 in New York City.
Top 5 Multifamily Projects Under Construction in Pittsburgh
Some 900 units—accounting for close to half of the development pipeline—are underway in downtown Pittsburgh, according to Yardi Matrix data.
The Arker Cos. Opens 1st Phase of Brooklyn Affordable Development
The developer completed the first 332 units of its project part of the $1.4 billion Vital Brooklyn initiative.
Invictus JV Scores $28M Financing for Manhattan Property
JLL secured the loan, which will retire the construction and mezzanine loans.
Inland Real Estate Buys Beachfront Asset in New York
Located on the Long Island’s South Shore, 10 West Apartments in Long Beach, N.Y., last underwent renovations in 2016.
Walters Group Opens New Jersey Affordable Community
The developer completed the first five buildings of the 72-unit property in Howell.
MAG Partners Secures $173M Construction Loan for Manhattan Property
The financing was provided by Madison Realty Capital and will fund the development of a 480-unit mixed-income project.
Fortis Property Group Lands $163M Brooklyn Project Loan
The developer paid more than $91 million in 2018 for the 1-acre site in DUMBO.
Belveron Partners Acquires 194-Property Portfolio
The controlling interest in Conifer Realty gives the investment firm ownership of more than 15,000 affordable housing units in New York and New Jersey.