Northeast
Brooklyn Development Reaches Leasing Milestone
The Rheingold, the largest multifamily development in Bushwick, is 60 percent leased after four months. The property features 500 units and was designed by ODA Architects.
Affordable Boston Community Receives $39M Loan
The 146-unit West Newton Apartments in South End is set to undergo extensive renovations. MassHousing provided the financing to non-profit Inquilinos Boricuas En Accion.
Peak Campus Adds CT Asset to Management Portfolio
Located in Mansfield, the residential community serves students attending the University of Connecticut and is slated for a two-phase, 146-unit expansion.
RXR Realty Tops Out Long Island Condo Project
The Beacon at Garvies Point will offer 167 units as part of an 80-acre waterfront development in Glen Cove, N.Y., a suburb of New York City.
LMC Tops Out NJ Mixed-Use Development
The Lively—the company’s first development in the Northeast—features 180 luxury units, as well as a large-scale theater and supporting spaces dedicated to the arts.
Wells Fargo Refinances Manhattan Luxury Properties
The Gotham Organization received the permanent mortgage loans, totaling $184 million, for two upscale apartment buildings in Midtown West and Midtown South.
Waypoint Residential Expands Development Pipeline
The company has six multifamily properties totaling more than $325 million in development or leasing stages—including two new brands—in the Northeast and West.
Suburban NY Community Receives $29 Refi
The KeyBank Real Estate Capital loan will pay off existing debt on Lewiston at Pheasant Run, a 179-unit community in Clinton.
Mandarin Oriental to Brand, Manage NYC Luxury Condos
SHVO, BLG Capital and Deutsche Finance America own the 1920-built property on Fifth Avenue. Work started on the conversion of the building’s office component into 69 apartments.
JV Acquires 371-Bed NY Student Housing Asset
The student housing community serves students attending Binghamton University. This deal marks OC’s third acquisition at a SUNY school.