Northeast
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.
Affordable Boston Communities Land $11M Loan
East Boston Community Development Corp. plans to extend the affordability of 111 units in the eastern part of the metro. MassHousing arranged the transaction.
Boston Affordable Senior Portfolio Lands $136M Refi
Symphony Plaza was constructed in 1980 and comprises two neighboring buildings. Masshousing closed the refinancing, allowing for significant on-site improvements and extending affordability for at least 30 years.
WinnCompanies Secures $16M for MA Affordable Housing
MassHousing is providing financing for the rehabilitation and long-term preservation of the historic 180-unit Wellington Community in Worcester.
RXR Tops Off Brooklyn Mixed-Use
The 810 Fulton St. development in Fort Greene will offer 393,000 square feet of residential and retail space across 12 floors. The project is scheduled for completion in 2019.
Top 10 Boston Completions of 2017
Developers focused on upscale properties, but also considered local regulations and incentives regarding the need for affordable units. Yardi Matrix rounded up the 10 largest deliveries in 2017’s Boston.
Gaudenzia Completes Philly Affordable Housing Project
Designed by Cecil Baker + Partners for families battling addictions, the 24-unit community is now open for residents that are transitioning from treatment to independent living.
CAPREIT Assumes Management of Affordable Housing in Upstate NY
Rochester Highlands is a 504-unit affordable apartment community in Rochester, N.Y., across from the recently developed mixed-use property CityGate.
Suburban Philly Community Lands New Management
The property, which contains 148 condominium units across 19 buildings, features amenities including a tennis court and a swimming pool.