Northeast
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.
Campus Apartments Completes 4 Student Housing Properties
The firm spent more than $220 million developing off-campus communities in Knoxville, Tenn.; Ann Arbor, Mich.; and Philadelphia.
NJ Development Gets $52M
Cushman & Wakefield facilitated a construction loan for Waypoint Residential, which will redevelop 435 Main St. in Hackensack into 235 Class A units.
Top 5 NYC Multifamily Sales
PropertyShark compiled the top 5 multifamily sales recorded in August 2018 in New York City.
CT Community Receives $20M Financing
CS Acquisitions Group recently acquired the 200-unit Cove West Hartford in a $20.9 deal and plans to renovate the property.
Brookfield Acquires 2 Bronx Development Sites for $165M
A joint venture between affiliates of The Chetrit Group and Somerset Partners sold the parcels, located at 101 Lincoln Ave. and 2401 Third Ave., in Mott Haven.
Bronx Apartment Portfolio Commands $53M
Completed in the 1920s and 1930s, the three communities acquired by Lightstone Group total 233 units.
On the Market: 5 Interesting Listings for the Week of 9/7
This week’s list includes one of the few lakefront properties available in Chicago; a high-end asset in Santa Barbara, Calif.; and more.
Community Builders Secures $10M for Affordable Boston Development
TD Bank arranged the financing for The Clarion, and its Community Capital Group has also invested $9.2 million of equity in the project. Construction is scheduled for completion by 2019.