Northeast
NJ Community Changes Hands for $43M
The 12-story residential property is located in the heart of Fairview in Bergen County and that drove investor interest. The Fairview was renovated in 2017.
KeyBank Provides $64M Loan for Affordable NJ Asset
The refinancing will also help rehabilitate Grace West Manor, a 429-unit Newark community built in 1978. The property serves individuals aged 62 and over.
Amazon’s HQ2: The Multifamily Impact
Executives weigh in on the implications for residential markets in Crystal City, Va., and Long Island City, N.Y., Amazon’s future HQ2 campuses.
Boston Waterfront Condo Nearing Completion
The 50-unit luxury building developed by Seascape Development LLC and Delphi Construction overlooks the Fore River and Hingham Bay.
Affordable Project Breaks Ground in Camden, NJ
Branch Village Townhomes will occupy the site of the former public housing development in the city’s Centerville neighborhood. The community will include 72 units.
Madison Realty Capital to Build Queens Mixed-Use Project
Plans call for 431 residential units along with a 476-seat elementary school and more than 5,000 square feet of retail in Queens’ Woodside section.
Penn State Development Breaks Ground
Scheduled for completion in 2020, the 12-story mixed-use complex in State College, Pa., will have 227 apartments and 30,000 square feet of retail space.
Quay Tower: Behind Brooklyn’s First Smart Condo Building
RAL CEO Robert Levine and Douglas Elliman’s Molly Townsend unveil details about the upcoming high-rise—a testament to their companies’ smart-living philosophy. Their strategic partnership with Amazon will offer total smart home automation to all residents.
Capstone Development Opens $350M Student Housing Assets
The properties include The Village Phase 2, The University of Massachusetts Boston Residence Hall and Dining Center, Vi Hilbert Hall, Montage on College and Calaveras Hall.
Dermot Co. Picks Up Brooklyn Luxury Multifamily Property
HFF and Savills Studley played a variety of roles in arranging the sale and securing debt and equity financing for the Windsor Terrace transaction.