Northeast
Manhattan’s First Purpose-Built Assisted Care Center Breaks Ground
The assisted living and memory care community will rise 16 stories in Midtown Manhattan, offering 151 units and ground-level retail.
Greystone Provides $17M Refi for Brooklyn Asset
The Fannie Mae loan will be used to pay off a $12 million construction loan on the newly built condominium property.
LeCesse to Build 248-Unit Community in King of Prussia, PA
Skye 750 will be located within King of Prussia’s growing business park, a live-work-play environment comprising approximately 3.5 million square feet of office space.
BEB Capital Grabs East Harlem Community
The eight-story luxury apartment development, which opened in East Harlem in 2016, contains 29 units above one street-level retail space.
Hunt Mortgage Group Adds New Director
Kevin Deegan will coordinate the company’s affordable housing/FHA team, but he will also serve clients using Hunt Mortgage Group’s balance sheet products and agency executions.
Samuels & Associates, Landsea Debut Boston Luxury Tower
Designed by Arquitectonica, Pierce Boston features 240 apartments, 109 condos and 20,000 square feet of ground-floor retail and dining.
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.