Northeast
DSF Group Acquires CT Asset
Built in 2004, the 246-unit community is located in Milford and was purchased for $50.5 million. The company plans to renovate and rebrand the property.
Home Leasing to Inject $48M in Albany Affordable Housing
The company will rehabilitate more than 200 units. Guided by the State Historic Preservation Office, the remodeling of the properties will utilize historic tax credits.
Brooklyn Community Lands $92M
Greystone Bassuk arranged the 10-year permanent loan with Union Bank on behalf of The Hudson Cos. for The Parkline, a 254-unit building located in Prospect Lefferts Gardens.
HFF Arranges NY Student Housing Sale
An HFF team including Jose Cruz, Andrew Scandalios, Kevin O’Hearn, Michael Oliver, Stephen Simonelli, Jordan Avanzato and Ryan McBride represented the seller in the transaction.
World’s Tallest Residential Building Nabs $1.1B Financing
Upon its completion in 2020, Extell Development Co.’s Central Park Tower will be one of the supertall structures located along the luxurious Billionaires’ Row in Manhattan.
Boston Community Commands Record-Breaking Price
CLPF Residences at Seaport has acquired Watermark Seaport from Skanska and Twining Properties for $60 million. The deal represents the highest price paid per unit for a multifamily project in the city.
Top 10 Posts from 2017
Miss out on any MHN articles? Catch up with our most popular posts of the year.
Top 5 NYC Multifamily Sales
PropertyShark compiled the top 5 multifamily sales for November 2017 in New York City.
MA Affordable Housing Project Lands $23M
MassHousing arranged the financing through JP Morgan Chase on behalf of Just-A-Start for the renovation and reconstruction of 112 affordable units in Cambridge, Mass.
BPDA Approves 3 Small Boston Communities
The developments are part of a larger set of projects which passed at BPDA’s December meeting. Together, they are expected to bring online 97 units and more than 8,000 square feet of retail space.