Northeast
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.
JV Acquires NYC Portfolio for $60 Million
Greystone provided $45 million in bridge financing for the three buildings located in Washington Heights, Morningside Heights and West Harlem.
Affordable Senior Community Breaks Ground in NJ
The new rental community will feature 54 one-bedroom apartments for seniors aged 62 and older, with five units set aside for formerly homeless senior residents.
Solomon Org. Acquires Pittsburgh Community for $41M
The buyer financed the acquisition of the 316-unit property with a $32.4 million Freddie Mac loan originated by M&T Bank.
Pittsburgh Community Changes Hands
The 124-unit Class C property was sold for nearly $5 million. The new owner financed the transaction with a $7.5 million acquisition and development loan.