Northeast
EdR Starts Work on Cornell Grad Student Housing
Maplewood Graduate and Professional Student Housing will feature 872 beds in 441 units, nearly tripling the number of residents accommodated by the recently razed Maplewood Apartments.
RRA Sells Philly-Area Apartment Community
The 82-unit Foxcroft Terrace Apartments traded for $5.4 million. The new owner will rebrand the residential property as Forest Creek Apartments.
Pennrose Hires Veteran as VP of Operations
Barry Weaver will provide leadership to regions in eastern Pennsylvania and New Jersey. He has more than 25 years of experience in multifamily property management.
Brooklyn Luxury Apartments Land $120M Loan
Square Mile Capital Management originated the loan on behalf of developer Lightstone, which completed construction in March 2016. The apartment community comprises 344 market-rate and 86 affordable units.
Harlem 125 All Set for Opening
The newly developed residential building features studios and one-, two- and three-bedroom units designed to immortalize the spirit of Harlem through top-notch visual elements.
Downtown Manhattan Apartments Land $375M Refi
Hunton & Williams LLP acted on behalf of the owners to secure the mortgage and mezzanine loans through Brookfield Real Estate Financial Partners.
Luxury Condo Makes Its Debut in Manhattan
The recently completed 14-unit residential building at 225 W. 17 St. in Chelsea has been designed by award-winning Roger Partners Architects and Neal Beckstedt Studio.
The Story Behind the Bronx’s Development Boom
The borough’s president discussed the major development projects underway that will help Bronx continue to grow, and how the borough is dealing with the issue of gentrification.
Greystone Oversees Financing for NY Apartments
The company facilitated $82.3 million in loans for a community in Hempstead, on Long Island, and three properties in Astoria, Queens.
Queens Apartment Building Up for Grabs
Cushman & Wakefield was chosen to market the sale of a fully occupied, 17-unit residential building in New York City’s most populated borough. The asset presents substantial upside potential.