Northeast
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.
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.