Northeast
Beacon Communities Completes First Phase of $30M Rehab Project in NY
Martin Luther King Apartments, an affordable housing property in Troy, is undergoing extensive renovations under Housing and Urban Development’s Rental Assistance Demonstration program.
Homeowners Rehab Secures $40M for MA Asset
The 98-unit HRI Concord Highlands will be the largest new construction affordable development to rise in Cambridge, Mass., in 40 years.
Berkshire Group Grabs NJ Community
The 12-building property—known as Steward’s Crossing—in Lawrenceville is in the vicinity of major thoroughfares, notable employers and Princeton University.
Fortis Property Group Gets $66M for NYC Condos
NKF Capital Markets secured the mezzanine loan for 1 Seaport, a 60-story, 98-unit luxury asset overlooking Manhattan’s East River in the Financial District.
LIHC to Preserve East Harlem Affordable Community
The firm has funded more than $20 million in capital improvements for Lakeview Apartments, which was constructed in 1974 and comprises four buildings.
Gebroe-Hammer Arranges $32M Multifamily Sale
A team of brokers that included Greg Pine, Stephen Tragash and Eli Herskowitz represented Woodmont Properties in selling its Bridgewater, N.J., development.
GAIA Acquires 90 Condo Units in Manhattan
The firm paid $53 million for the apartments located within Bridge Tower Place, a luxury building on the Upper East Side.
$17M Adaptive Reuse Project Opens in NY
A trio of companies redeveloped a vacant industrial building in Cortland into mixed-income apartments and more than 100,000 square feet of commercial space.
Habitat for Humanity NYC Opens For-Sale Units
Two years after breaking ground, the non-profit and its partners welcomed 15 low-income families into their new homes at Dean Street Residences in Brooklyn.
Keybank Finances NJ Affordable Housing Projects
Omni New York secured a first-of-its-kind loan to acquire and rehabilitate Garden Spires and Spruce Spires apartments in Newark.