Northeast
Luxury Tower Breaks Ground in Boston’s Jamaica Plain, CBRE Secures $84M Financing
The 15-story, 195-unit multifamily community developed by the Longwood Group is transit-oriented and will feature 32 affordable units.
Bainbridge Cos., China Orient Obtain $128M Loan for Long Island Multifamily Deal
The community consists of 43 two-story buildings totaling 656 units.
Hines, Welltower Plan Senior Housing in Midtown Manhattan
The partners will demolish the existing commercial structures on the site to make way for a new 15-story community with retail at the base.
Top 10 NYC Multifamily Sales in March 2016
March 2016 records reveal an active month for NYC multifamily deals. Dive into the data from PropertyShark and discover who the top deal-makers of March were, as well as discovering the premium being put on apartment buildings compared to just a few years ago. 1. 760-774 3rd Avenue, Manhattan Sale Price: $270,000,000 Buyer: 160 East 48th Street Owner II LLC Seller: Buchanan Apartments LLC The biggest deal of the month goes to a joint venture between Madison Realty and USAA Real Estate. The ‘Buchanan’ building houses 299 apartments, as well as office and retail space. Almost 200 of the…
Philly Mixed-Use Tower Wins $45M in Financing
HFF has secured the financing for the 180-unit community.
The Preserve Adds Luxury Senior Housing to Northern N.J.
The KABR Group and The Pinnacle Cos. are currently leasing pet-friendly residences at the new 55+ luxury apartment community in West Caldwell, N.J.
Affordable Housing Redevelopment Underway Near Philadelphia
Montgomery County Housing Authority and Pennrose Properties plan to add 46 units to Crest Manor.
HFF Arranges the Sale of Upscale Multifamily Property in Suburban Boston
The Melrose, Mass. luxury community was completed in 2015 through the conversion of the historical 1881 Boston Rubber Shoe Company Factory.
Post Brothers Positioned to Reach Post-Grads in Philadelphia
Post Brothers has invested $250 million in Philadelphia’s University City neighborhood in the hope of attracting young professionals.
Vesper Holdings Launches New Student Housing Management Brand Campus Life & Style
By taking ownership of the daily operations through Campus Life & Style, Vesper Holdings will control the property management for its more than 10,000 beds across 12 markets, creating a hospitality experience for residents similar to that of a boutique hotel.