Northeast

NJ Gated Community Commands $18M

The 168-unit Landmark West Apartments in Newton comprises 11 buildings on nearly 14 acres, in the midst of landscaped surroundings, recreational land, state parks and golf courses.

Helge Capital Closes $62M in Financing for MA Portfolio

The 19-building multifamily portfolio consists of workforce housing with a combination of market-rate and affordable apartments in Boston and Lynn, Mass.

NYC Firm Awarded $70M to Build Modular Housing Community

Thorobird Cos., in a partnership with Bangladeshi American Community Development & Youth Services, will develop a 167-unit affordable property in Brooklyn.

Long Island Multifamily Portfolio Changes Hands for $473M

Fairfield Properties, with a $100 million preferred equity investment from FCP, acquired the seven properties from Lone Star Funds.

In Case You Missed It: MHN’s Top 5 Posts in February

Miss any of our articles? Catch up with five of our most popular posts for the month.

JV Opens Brooklyn Affordable Housing

Developed by RAL Development Services and Oliver’s Realty Group, in partnership with Brooklyn Bridge Park, the 15-story building features 140 units.

New Affordable Housing Slated for Midtown Manhattan

New York City has tapped several development firms to build 260 affordable apartments on two city-owned sites in the Clinton/Hell’s Kitchen neighborhood.

Boston’s Population Pipeline Keeps Multifamily Resilient

Extreme challenges―like construction pricing and the land use process―will help push the metro’s deliveries steadily down over the next four years, according to new projections.

Philadelphia Matrix MF report Image by Chris Boswell iStockphoto.com

Philadelphia Multifamily Report – Winter 2019

Rent growth began to accelerate in the fourth quarter, closing 2018 at 2.9 percent year-over-year, while investors boosted annual deal volume to $1.4 billion.

MA Senior Housing Asset Extends Affordability With $45M Refi

Non-profit B’nai B’rith Housing intends to execute a capital improvement program on 200 units at Covenant House in Brighton and ensure rental affordability for the next three decades.