Northeast
Top 5 NYC Multifamily Sales
PropertyShark compiled the top 5 multifamily sales recorded in September 2018 in New York City.
JV Launches Sales at NYC Condo
Tamarkin Co. and CL Investment Group’s 13-unit building on the Upper West Side was previously a private school.
Rent Growth Rebounds in Boston
The metro’s multifamily development pipeline remains steady, yet demand is once again outpacing supply. Monthly rates rose 2.9 percent year-over-year.
HAP Investments Promotes Andrea Lawrence to Deputy CEO
Lawrence, who has been with the company since 2013, will work with Co-Founder & CEO Eran Polack to plan, develop and manage the firm’s real estate portfolio.
Red Capital Arranges Loan for Historic PA Conversion
The $7.8 million financing will be used to transform a century-old tobacco warehouse in Lancaster County into Tobacco Road Apartments.
CPC Originates $11M Refi for Brooklyn Assets
The finance company provided the Freddie Mac loans for three multifamily properties in Cypress Hills, Crown Heights and Fort Greene.
Meridian Arranges $258M for NJ Multifamily Developments
Madison Realty Capital provided the financing package for the owner, Accurate Builders & Developers, for three multifamily projects in Bayonne, Linden and Raritan, N.J.
DMG Investments Opens Luxury NJ Condos
One Park, located in Cliffside Park, offers 204 apartments with access to amenities such as a squash court and a heated pool.
AmTrust Realty Launches Leasing in Brooklyn
The 270-unit building features a top-floor lounge with views of the Manhattan skyline. Citi Habitats has been tapped to handle leasing.
On the Market: 5 Interesting Listings for the Week of 10/1
This week’s listings include a recently renovated community across the street from the University of Miami; an historic five-story building in downtown New Britain, Conn.; and a Spanish Colonial Revival-style property in West Hollywood, Calif.