Northeast
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.
MA Modular Development Moves Forward
More than 100 “boxes” that will create residential units in Newton, Mass., are being installed as the mixed-use project prepares for a summer opening.
Upscale D.C.-Area Community Breaks Ground
Developed by NRP Group in Clarksburg, Md., the 272-unit property will be situated near the Clarksburg Premium Outlets, an upscale outlet mall developed by Simon and New England Development.
Top 5 NYC Multifamily Sales
PropertyShark compiled the top 5 multifamily sales recorded in January 2019 in New York City.
Boston’s Affordable Housing Market: An Insider’s View
Community Preservation Partners’ John Fraser weighs in on trends in Boston and the East Coast, as well as creative strategies for financing affordable development.
Greystone Provides $133M Loan for NYC Asset
The Fannie Mae loan will refinance a mixed-income property encompassing 571 units on the Staten Island North Shore waterfront.
Invesco Pays $150M for Boston Mixed-Use High-Rise
The Harlo Fenway features 212 apartments and access to amenities such as an 18th-floor sky deck, yoga terrace and dog spa, as well as ground-floor retail.
Manhattan Tower Lands $75M Refi Loan
Greystone closed the Fannie Mae loan to refinance Edison Properties’ 23-story luxury high-rise located on the Lower East Side.
The DSF Group Buys NH Portfolio
CBRE Capital Markets arranged the sale of Hilltop Ridge and The Highlands at Washington Park, both located in Manchester.