Northeast
Boston’s Pricing Power
Bruce Lusa, vice president of multifamily investment sales with Colliers International, discusses area trends and offers tips to investors targeting the city’s booming market.
Castle Lanterra Appoints New Managing Partner
Gila Cohen, who brings 20 years of commercial real estate and financial services experience to the team, previously served as a consultant, strategic advisor and private placement professional.
CAMBA Debuts $100M Brooklyn Affordable Housing
The community is located on NYC Health + Hospitals’ Kings County Campus and includes 293 units, 182 of which are reserved for the formerly homeless.
Roseland Residential Opens NJ Luxury Community
A former office building, Signature Place in Morris Plains includes 197 units and golf simulators, a tennis court and a movie theater.
Tishman Speyer Secures $381M for Brooklyn Condos
Featuring more than 480 luxury units and 55,000 square feet of indoor and outdoor amenity space, 11 Hoyt will border both downtown Brooklyn and brownstone Brooklyn.
Luxury Waterfront Community Opens in East Boston
The 25 percent pre-leased Boston East community, developed by Trinity Financial and East Boston Community Development Corp., features 200 luxury apartments and includes a community art gallery.
Boston-Area Asset Receives $29M Loan
Reed Realty Advisors will use the proceeds to finance the development of Pac 10 Lofts, a 180-unit affordable housing community in Lawrence, Mass.
Top 5 NYC Multifamily Sales
PropertyShark compiled the top 5 multifamily sales recorded in March 2018 in New York City.
JV Secures Financing for Manhattan Luxury Condos
Delancey Street Associates, a joint venture including BFC Partners, L+M Development Partners, Taconic Investment Partners and Goldman Sachs, is developing 202 Broome at Essex Crossing, which will include 83 units and retail and office space. Construction is expected to be complete in 2021.
BET Investments Develops Philly Asset
The property in Media, Pa., includes 162 units and an electric car charging station, a coffee lounge and a game room.