Northeast
Top 5 NYC Multifamily Sales
PropertyShark compiled the top 5 multifamily sales recorded in July 2018 in New York City.
MD Multifamily Buyer Lands $34M Financing
The first mortgage bridge loan provided by Hunt Real Estate Capital financed the acquisition and planned renovations of a 208-unit community in Pikesville, Md.
Brooklyn Tower Lands $380M Refi
Natixis arranged the loan on behalf of Douglaston Development for Level BK, a 40-story property located along the Williamsburg waterfront. Luxury amenities include an indoor/outdoor pool, a 24-hour business center and a furnished roof deck.
Goldman Sachs Snags 821-Unit Philadelphia Community
The purchase of Chestnut Hill Village marks the company’s 18th investment, bringing its total portfolio to 5,600 units. HFF worked on behalf of the new owner to arrange a 10-year, fixed-rate acquisition loan.
Modern Meets Holistic: Designing Healthy Homes
Integrating green spaces into a community is not just an aesthetics decision. Architects are more and more devoted to designing healthy buildings, that not only please the eye, but also offer a sense of well-being. Brooklyn’s 550 Vanderbilt and 535 Carlton include biophilic elements that bring nature at residents’ doorstep.
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.