Northeast
Queens Luxury Project Nears Completion
Rabsky Group is developing the ODA-designed apartment building in the Long Island City neighborhood.
Cambridge Housing Authority Lands $45M Loan for Boston Senior Community
MassHousing provided the funds that will preserve the 198-unit property’s affordability for at least 20 more years.
TF Cornerstone Scores $374M Financing for Manhattan Towers
The New York State Housing Finance Agency and Wells Fargo Bank provided the debt for the 835-unit development.
BRP, Pennrose JV to Begin 1st Phase of Jersey City Redevelopment
The multi-phase Bayfront project will be the largest mixed-income development in the tri-state region.
Landlords Sue Over Eviction Moratoriums
Owners in Boston and New York are seeking to overturn bans put into place in response to the COVID-19 health crisis.
Philadelphia Multifamily Wrap-Up – May 2020
Morgan Properties scores $661 million loan. Lindy Property Management gets Huntingdon Valley community refi. Catch up with our May selection of Philadelphia must-reads.
Coltown Properties Sells Brooklyn Portfolio for $82M
Merchants Bank of Indiana facilitated the 385-unit buy with more than $65 million in acquisition financing.
Lena Park Secures $26M for Boston-Area Community
MassHousing provided two loans for capital renovations and extension of affordability at the 143-unit property in Dorchester.
New York Assisted Living Facility Lands Construction Financing
Greystone provided the HUD-insured loan for the 84-unit, 110-bed property in Clarence Center.
NRP Group Breaks Ground on Boston-Area Community
CIBC secured construction financing for the 184-unit property, which is scheduled for completion by 2021.