Northeast
Mack-Cali Chalks Up $820M in Boston, New Jersey Trades
The REIT has completed the $409 million purchase of Liberty Towers in Jersey City as part of a 1031 exchange.
JV Acquires New Jersey Value-Add Community
Chatham Village Apartments was sold by Madison Hill Properties for $35.3 million.
Manhattan Communities Get $119M Refi
The owner secured the Fannie Mae financing in preparation for the expiration of the city’s 421a tax abatement program.
Dwight Capital Originates $66M in Refi Loans
The multifamily lender scored HUD financing for two communities in New York and Nevada totaling 468 units.
Brooklyn Affordable Community Breaks Ground
Pennrose and RiseBoro Community Partnership are building the 218-unit development in the East New York neighborhood.
Resort-Style Senior Living Community Opens Near Pittsburgh
Resort Lifestyle Communities’ independent living facility in Bridgeville, Pa., offers 128 residential units for adults age 55 and over.
3rd Phase of New Jersey Affordable Redevelopment Begins
The Branch Village Townhomes II in Camden will have 75 apartments, including five set aside for formerly homeless residents.
Boston-Area High-Rise Changes Hands for $29M
Capstone Apartment Partners’ Stasiu Geleszinski, Austin Green and AJ Klenk brokered the sale of the 24-story tower in Worcester, Mass.
RXR Realty Scores $98M Loan for Luxury Connecticut Project
JLL arranged the construction financing for the 325-unit tower in downtown Stamford.
Top 5 NYC Multifamily Sales
PropertyShark compiled the top 5 multifamily sales recorded in August 2019 in New York City.