Northeast
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.
On the Market: 5 Interesting Listings for the Week of 7/23
This week’s listings include a spacious community in west Portland, a 196-unit community just outside of central D.C. and more.
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.