Northeast
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.
Walters Nears Completion of New Jersey Affordable Development
Cornerstone at Grassy Hollow will have 60 units in five buildings and is located in the Manahawkin section of Stafford Township, N.J.
BH3 Sells Defaulted Mortgage on Manhattan Tower for $230M
The firm sold the non-performing loan on an 88-floor condo skyscraper in the Financial District.
Renaissance Management Acquires Long Island Community for $233M
La Bonne Vie features 915 workforce housing units in the village of Patchogue.
Wallabout Realty Holdings to Break Ground on Jersey City Project
The 170-unit Parkview Apartments is expected to begin construction in the coming days and is slated for completion by the end of 2021.
Invesco Sells Manhattan Apartment Tower for $381M
The firm sold the 396-unit luxury high-rise community after nearly a decade of ownership.
Co-Living Development: What to Know About This Emerging Sector
National Development Managing Partner Ted Tye discusses why ground-up co-living projects are a viable alternative in a tight housing market.
Stonehenge NYC JV Acquires Manhattan Building
The 55-year-old property in the Midtown East neighborhood has been rebranded as Stonehenge 51.
Sunrise Senior Living Opens New York Luxury Housing
The 108-bed facility includes assisted living and memory care units.