Northeast
Staten Island Skilled Nursing Facility Lands $21M Refi
The new, HUD-insured permanent loan provided by Greystone for the 238-bed skilled nursing facility represents a permanent exit from the prior interim financing.
PA Retirement Community Completes Affordable Expansion
The $10 million project added 48 rental units for residents 62 and over to the existing Windy Hill Village, which houses 179 people.
PA Community Changes Hands for $12M
The transaction is representative of the strong demand for multifamily assets in the Harrisburg-Carlisle MSA, a growing alternative market, according to Rittenhouse Realty Advisors.
Manhattan High Line Portfolio Commands $28M
Cushman & Wakefield represented the seller, while JLL secured acquisition financing on behalf of the buyer. The four contiguous buildings comprise 26 apartments and four ground-floor retail units.
Affordable NY Community Lands $20M in Financing
KeyBank secured the loan for the acquisition and development of Mosaic Village in Cohoes. Vecino Group is both the developer and owner of the property.
Meridian Capital Secures $115M for Brooklyn Asset
Built on a former multi-use site, Hampshire Properties’ 302-unit development will bring a series of upscale amenities to the borough’s largely residential Midwood neighborhood.
Paredim Partners Acquires $27M CT Community
The Arbors at Brighton Park in Bloomfield offers a resident clubhouse, a dog park and a swimming pool. Institutional Property Advisors represented the seller in the transaction.
CBRE Secures $27M for Former MA Chocolate Factory
The historic building close to downtown Mansfield is being redeveloped into a mixed-income, mixed-use property that will contain 130 units.
Bellwether Enterprise Selects New VP
Ilya Weinstein will oversee loan production for affordable housing properties throughout New York City and the northeastern U.S., bringing to this new role more than seven years of mortgage lending experience.
Delancey Street Associates Opens NYC Condos
The 55-unit building called 242 Broome is within the Essex Crossing development on Manhattan’s Lower East Side and includes a formal dining area, a children’s lounge and a furnished rooftop.