Northeast
Brooklyn Affordable Community Lands $39M Refi
The owner also signed a new Section 8 contract that will keep the 119-unit property affordable for the next 35 years.
Pennant Buys, Preserves Affordability of Boston Senior Community
The company acquired the 89-unit affordable property through the Section 13A program.
Fairfield Pays $83M for Long Island Asset
The 271-unit Fairfield Tudor at North Babylon is roughly an hour away from New York City.
Chestnut Hill Realty Lands $211M for Boston-Area Community
The loan will be used to refinance its 789-unit townhome community just west of downtown.
Manhattan Multifamily Report – Winter 2020
Although pained by affordability issues and decelerating investment activity, the borough’s multifamily sector remained on course going into 2020.
Affordable Senior Community Near Providence Lands $43M Refi
Rockport Mortgage provided the FHA Section 223(f) financing for the 327-unit property in New Bedford, Mass.
Black Bear Capital Secures $69M in Loans for Bronx Assets
The transactions were split between two owners and included a total of eight properties.
Philadelphia Multifamily Report – Winter 2020
A slow pipeline and enduring demand have reinforced the metro’s steady fundamentals going into 2020.
Brooklyn Multifamily Report – Winter 2020
A moderating level of new product deliveries is likely to fuel rent growth during the first half of 2020.
The Collective Lands $75M Loan for Brooklyn Property
The Williamsburg project is one of three in the borough under development by the co-living operator.