Northeast
Rittenhouse Realty Advisors Arranges Sale of Student Housing in Philadelphia
Located at 516 S. 42nd St., the community comprises 25 units and 74 bedrooms. Amenities include hardwood flooring and on-site laundry facilities.
TSB Realty Arranges Sale of Buffalo-Area Student Housing
The 192-unit property, located near the University at Buffalo, was built in 2016 and comprises more than 600 beds. The buyer is a Chinese private equity fund.
NYC-Area Post Acute Care Center Opens
Atrium Post Acute Care of Livingston can accommodate a total of 144 patients. The facility offers therapy and fitness space, as well as a NeuroGym and a mineral wellness spa.
Halstead Management Names New President
Leslie Bogen Winkler, formerly the firm’s executive vice president, will bring more than 40 years of residential management experience to the role.
Supply Wave Softens Demand in Queens
This year’s multifamily development is expected to reach a cycle peak in the borough, which continues to benefit from Manhattan’s prohibitive prices.
VT Townhomes Reach $34M Sellout
Spruce Peak’s Village Townhomes in Stowe includes 18 luxury units and is the second of the company’s properties to sell out before construction was completed.
CPC Arranges $11M for PA Asset
Terrain Apartments, formerly a hotel, includes 152 units across 19 buildings. The borrower used Freddie Mac’s Green Advantage program and committed to a 27.8 percent water savings.
Greystar Sells Class A Community in CT
Lowe Enterprises Investors bought the 374-unit luxury community located in the heart of Danbury, Conn. Greystar will continue to manage the property.
Odin Properties Trades Philadelphia-Area Community for $32M
The company picked up the asset for less than half the price back in 2014 and carried out extensive renovation and repositioning work.
Progress Capital Lands $26M for Mixed-Use Jersey City Project
The development, which is being built on the site of the former Fairmount Hospital, will feature 99 luxury apartments and 2,240 square feet of ground floor retail.