Northeast
Brooklyn Residential Tower Lands $218M Refi
Located in Brooklyn Cultural District Fort Greene, the Gotham Organization’s 586-unit Ashland offers residents a wide range of amenities, including a 17,000-square-foot Gotham Market.
Lightstone Completes Long Island City Development
The 428-unit ARC features luxury amenities such as a salt-water pool, bocce courts and a greenhouse.
Royal Capital Group Breaks Ground on Affordable WI Community
The $20.3 million development will feature 94 units. UnitedHealthcare is the largest private investor, providing $5.4 million in equity funding.
Meridian Sells Brooklyn Community for $18M
The firm sold the 60-unit, post-war building to S. Antonio Realty. The average unit size is 1,050 square feet.
Radnor Property Group Opens Vue32 in Philly
The $55 million project includes 164 units and roughly 14,000 square feet of first-floor retail space. A second phase is slated to open in November 2018.
NY Nursing Facility Lands $25M Refi
Greystone provided the HUD-insured loan for Adira at Riverside Rehabilitation & Nursing in Yonkers, N.Y. The financing carries a 30-year term at a low, fixed rate.
Greystar Nabs NJ Community for $70M
Cushman & Wakefield represented the seller, Invesco Real Estate, in the disposition of the amenity-filled, 115-unit property located in Hoboken, N.J.
Jehovah’s Witnesses Sells Historic Brooklyn Asset
Formerly a hotel known as “the aristocrat of Brooklyn Heights,” the 295-unit The Towers will be redeveloped into Brooklyn’s first luxury senior housing community.
In Case You Missed It: MHN’s Top 5 Posts in October
Miss out on any of our articles? Catch up with five of our most popular posts for the month.
Greater Boston Development Ready for Move-in
Meriel Marina Bay has reached a new milestone. The South Building of the property is now open and welcoming new occupants.