Northeast
Chestnut Hill Sells 17-Unit Cambridge Community
Situated within walking distance of Harvard University and the Massachusetts Institute of Technology, the multifamily property traded for $11.9 million.
Roseland Residential Begins Leasing MA Redevelopment
145 Front at City Square is part of a $565 million master-planned project, which is developed by city of Worcester and CitySquare II Development.
JV Lands Equity, Construction Financing for Brooklyn Development
Lonicera Partners and Orange Management secured the $42.1 million, which was facilitated through JLL’s capital markets group, for a mixed-use luxury condo building.
On the Market: 5 Interesting Listings for the Week of 2/19
This week’s listings include two recently constructed properties in Florida and a condominium offering in Vineland, N.J., which has seen historically high occupancy rates since its delivery.
Former MA Campus Building to Become Memory Care Facility
Benchmark Senior Living is developing the adaptive reuse and extension of a former Andover Newton Theological School campus building. The new memory care facility will incorporate 50 units.
Top 5 NYC Multifamily Sales
PropertyShark compiled the top 5 multifamily sales for January 2018 in New York City.
Stellar Management Expands NYC Portfolio
The firm acquired a 42-unit building in Hamilton Heights, making it the owner of 37 percent of the residential properties along a five-block stretch of Broadway.
Expanding Workforce Housing Through Single-Family Investment
The Steinbridge Group CEO Tawan Davis discusses how his firm is carving a niche in the fast-growing sector and why this asset class represents an underrated target.
Meridian Arranges Financing for NY Assisted Living Property
The 200-bed New Broadview is located next to the Verrazano Bridge on Staten Island, and provides assisted living and nursing services.
RI Property Lands $13M
EagleBridge Capital arranged financing for 95 Lofts, located in the Knowledge District of downtown Providence. The community includes 59 residential units and 2,500 square feet of retail.