Northeast

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.

L+M Development Partners Debuts Fully Affordable Community in Queens

Approximately 18 months after breaking ground, Beach Green Dunes II, a 127-unit property in Far Rockaway, has opened.

Ceruzzi Properties Lands $350M Loan for Manhattan Tower

South Korea’s Meritz Securities provided the inventory financing for a new luxury condo development in Midtown.

RXR’s Westchester Project Secures $131M Loan

Capital One provided the construction financing for a 28-story mixed-use development in New Rochelle, N.Y.