Northeast
Hunt Provides $120M Loan for Bronx Affordable Housing
More than 1,000 units of public housing in the neighborhood of Mott Haven will get needed repairs through the federal Rental Assistance Demonstration program, but remain affordable to residents.
NYC’s New Financing Landscape
How can brokers stay active in a market where an increased number of lenders and intermediaries are chasing fewer deals?
In Case You Missed It: MHN’s Top 5 Posts in November
Miss any of our articles? Catch up with five of our most popular posts for the month.
Greystone Arranges $92M for PA Acquisition
The firm worked on behalf of a private buyer to secure the Freddie Mac loan for the acquisition of Lincoln Green, a 636-unit property in Philadelphia.
NY Nursing Facilities Get $100M in Financing
Greystone provided the refinancing loans for two skilled nursing facilities in the Bronx and Buffalo, N.Y. The borrower was Centers Health Care.
NJ Community Earns 1st WELL Gold Certification
Clarus Maplewood is just the 13th property in the world to receive the designation from the International WELL Building Institute.
Brooklyn Developer Says Hello to the Bronx
Hello Living will develop 104 units on the former site of a parking lot in the borough’s Morrisania section.
RYBAK Development Lands $48M Loan for Brooklyn Project
The Carlton Group Ltd. arranged the construction financing for the 20-story Sea Breeze Tower, located in Coney Island.
Carnegie Mellon Purchases Pittsburgh Community
A private investor traded the 78-unit multifamily property for $17 million. The new owner plans to renovate the building and repurpose it as dedicated university housing.
Vintage School’s New Assignment: Mixed-Income Community
Vacant since 1980, the 122-year-old school building will be transformed by Pittsburgh’s housing agency into 35 residential units.