Northeast
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 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.
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.