Northeast
WinnCompanies Completes MA Adaptive Reuse
Residences at Mill 10 includes 75 units of mixed-income housing in a 110-year-old former mill building in the western Massachusetts community of Ludlow.
Top 5 NYC Multifamily Sales
PropertyShark compiled the top 5 multifamily sales for September 2017 in New York City.
PA Community Lands $32M Refi
Managed by Paradigm Properties Group, Deerfield Commons is located in Central Pennsylvania. The loan includes two years of interest-only payments followed by a 30-year amortization schedule.
Jefferson Apartment Group Acquires Suburban Boston Asset
One Upland, in Norwood, Mass., includes 262 units. The property was built by Campanelli and Thorndike Development in 2016.
Community Trades for $45M in Philly Metro
Aulder Capital obtained a seven-year securitized loan through Freddie Mac’s CME Program for the property, which is situated 15 minutes from the University of Delaware.
Luxury Community Opens on Philly’s Main Line
The 36-acre site where the luxury apartment community is located also features a 20,000-square-foot historic mansion built in 1881, which will be updated with modern amenities.
Russo Starts Work on Mixed-Use Project in Northern NJ
Phase I of Vermella Union includes 462 rental apartments, 65,000 square feet of indoor/outdoor amenities and 40,000 square feet of retail space.
PA Properties Land $26M
The two assets are situated in Lancaster and Hershey, Pa., and feature 160 units each. Colliers’ capital markets team secured five-year fixed-rate loans for both properties.
Philly’s Presidential City Gets Full Makeover
The luxury community features an upscale swimming resort called Sora Pool Club among other amenities. The property is currently 90 percent leased.
Suburban Philly Property Trades for $34M
The apartment community was part of the Rental Assistance Demonstration program and received a 20-year subsidy contract. The previous owner improved multiple aspects of the 1950 buildings.