Northeast

JV Invests $23M in Boston-Area Community

Blackfin Real Estate Investors and True North Management Group purchased The Bixby in Haverhill, Mass. The property’s previous owners recently completed renovations.

Cammeby’s Completes Reno of Brooklyn Luxury Community

Located in the borough’s Brighton Beach neighborhood, the updated Shorecrest Towers at Trump Village includes a series of high-end unit upgrades and new lifestyle amenities.

Mixed-Income Community Breaks Ground in MA

A joint venture is developing Mass+Main, a $190 million project that will feature 248 market-rate and 60 affordable units. The property is slated for a mid-2020 completion.

City Tower Brings Luxury to Downtown Brooklyn

Multi-Housing News recently took a trip to downtown Brooklyn for a tour of The Brodsky Organization’s City Tower. Read on for an inside look at the luxury community.

North American Properties Unveils NJ Mixed-Use Development Plans

Riverton, a 418-acre waterfront redevelopment on the Raritan River in Sayreville will be the largest mixed-use project in the state.

Matthew Pestronk, co-founder & president of Post Brothers

What’s Changing With Family Capital Investment

Family investment firms are making their mark in the multifamily industry. Post Brothers’ Matthew Pestronk weighs in on this trend and the challenges in the industry for companies managing family capital.

Gebroe-Hammer Closes $89M Sales in Suburban Philly

The company brokered three transactions of properties located in three different counties in the South Jersey market. The apartment communities comprise 896 units.

Madison Crossing at Birch Hill in Old Bridge, N.J.

New Management for Madison Crossing at Birch Hill

The active adult community is located just one hour away from New York City and offers several leisure amenities, including a fitness center and game rooms.

Avalon Run East

JV Buys Stake in 632-Unit Asset

Rockpoint Group and The Brooksville Co. acquired Avalon Run East in Lawrence Township, N.J., from AvalonBay Communities.

Largest Private Residential Rooftop Solar Project Planned for NYC

Blackstone and Ivanhoé Cambridge are working on the project at Stuyvesant Town-Peter Cooper Village, which will include adding 9,671 high-efficiency solar panels to 22 acres of rooftops.