Northeast
Manhattan Skyline Management Hires New VP
Chris Dell’Armo is the newest vice president of sales, leasing and marketing, bringing more than 10 years of experience in the industry.
Meridian Secures $4M Loan for CT Community
The 40-unit Chapel Street Lofts in New Haven has undergone recent renovations including flooring, kitchen appliances and security system upgrades.
Carmel Partners Expands Into NJ
Marking the firm’s first investment in the state, the company purchased Hunters Glen in Plainsboro Township and plans on updating interiors, renovating the exterior and improving amenities.
Airbnb Intensifies Gentrification Across NYC Communities: Report
According to a ShareBetter coalition report, short-term rentals have removed as many as 13,500 housing units yearly, with 66 percent of revenue being derived from illegal listings.
Luxury Community to Grace Jersey City
The 377-unit Soho Lofts brings a blend of urban details, industrial finishes and high-end lifestyle amenities to the city’s up-and-coming SoHo West neighborhood.
Central NJ Community Taps New Management
Built in 1989, the 432-unit garden-style property consists of 18 three-story buildings and is located within three miles of both interstates 195 and 295.
Affordable Community to Replace Former MA Mill
MassHousing closed on $17.1 million in financing for the development of a 102-unit affordable housing community in Lawrence, involving the preservation of a former industrial property and remediation of a brownfield site.
HFF Closes $20M Sale of Delaware Portfolio
The adjacent Alder Park and Pine Grove apartment communities in Dover, Del., are located roughly 83 miles from central Philadelphia and comprise a total of 311 units.
KeyBank Delivers $161M for Age-Restricted Portfolio
Structured in a variety of ways, the Fannie Mae funding refinances 13 age-restricted housing properties totaling 1,500 units in four states.
Upscale 469-Unit Community Debuts in NJ
Hartz Mountain Industries opened The Harper at Harmon Meadow. The three-building property is part of a 3.5 million-square-foot, mixed-use development in Secaucus.