Northeast
Boston Luxury Community Trades for $43M
Grossman Cos. teamed up with The Waypoint Cos. to sell the recently completed, 80-unit property situated in the Allston neighborhood.
Boston’s Tallest Residential Tower Reaches Full Height
One Dalton, located atop the 215-key Four Seasons hotel, offers 160 apartments and access to shared amenities such as a theater, a spa and a 65-foot lap pool.
Spencer Equity Acquires Brooklyn Section 8 Building for $50M
The 250-unit property in Coney Island was sold by the Orbach Group in a transaction arranged by Rosewood Realty Group.
Capital Realty Spearheads 66-Building NJ Sale
The company brokered the $130 million sale, which includes 919 units in Bayonne and Union City. This represents the largest multifamily deal in the area in terms of both number of units and total sale price.
Roseland Residential Secures $131M for Jersey City Community
New York Life Real Estate Investors arranged the eight-year fixed-rate loan for Marbella Apartments in New Jersey. The 412-unit tower offers access to a spa, a dog run and a full service concierge.
Next Step in Condo Design: Flexibility
The 22-story One Riverside in Philadelphia is a modern residential property not just because of its design and high-tech amenities but also because it caters to its residents’ unusual needs. Buyers could create their dream home by combining several units to accommodate their lifestyles.
Upstate NY Community Commands $59M
At 761 units across four buildings, Siara Management‘s Nob Hill Apartments is one of the largest communities in Syracuse, N.Y.
Top 10 Pittsburgh Apartment Owners
The metro’s slow-but-steady economic growth is reflected in an insignificant rise in apartment rents and tepid housing demand, with public authorities making up nearly half of the biggest owners.
Boston-Area Community Trades for $44M
PP Hudson Investors has acquired the 176-unit Matrix Hudson in Hudson, Mass. The seller was a joint venture between Heritage Properties and Moss Development.
Southern Land Sells 28-Story Tower in Downtown Philly
The 3601 Market luxury tower, which opened its doors in 2016, is LEED Silver certified. The community also features 13,600 square feet of retail and restaurant space.