Northeast
What Does De Blasio’s Re-Election Mean for NYC Affordable Housing?
During his campaign, Mayor Bill de Blasio pledged to expand his focus on affordable housing. Standard Communities Co-Founders Scott Alter and Jeff Jaeger weigh in on how his re-election will impact affordable housing developers and renters.
Luxury Boutique Community in Brooklyn Hits the Market
Meridian Capital Group will handle the sale of the recently completed Brooklyn Grand, a two-building residential and retail development in Williamsburg.
Pittsburgh Reveals Its Strength
The region’s universities continue to provide a skilled workforce for the technology, robotics, education, health-care and financial sectors, pushing the city’s economy forward and sustaining multifamily demand.
NCC Acquires Newark Section 8 Housing for $160M
NCC and Greystone Affordable Development have facilitated the acquisition of four New Jersey properties totaling 842 units. The deal includes funding for the rehabilitation and the long-term preservation of the properties as subsidized rental housing.
Colliers Secures Financing for Boston-Area Apartments
The Pioneer will be a 286-unit luxury apartment community, located in Everett, Mass. The six-story building will provide on-site retail and leisure amenities.
Top 5 NYC Multifamily Sales
PropertyShark compiled the top 5 multifamily sales for October 2017 in New York City.
JV Premieres NJ Luxury Community
Dinallo Construction and Russo Development have opened Waldwick Station, a 110-unit transit-oriented development located on a former industrial site.
KeyBank Secures Financing for 6 Senior Housing Assets
The skilled nursing facilities are spread across Vermont, New Hampshire and Rhode Island and encompass a total of 664 beds.
Rents Contract as New Units Come Online in Brooklyn
Brooklyn is seeing an explosive expansion of office-using industries and the tax environment is having a positive effect on multifamily construction and on future affordable housing development.
Top 10 Apartment Owners in Brooklyn
An explosion of new supply and a high cost of living have tempered rents in the area. Based on Yardi Matrix data, MHN compiled a list of the borough’s top owners.