Northeast
Greystar Acquires Two NYC Communities for $336.3M
The two transactions represent the full investment of the $800 million Greystar Equity Partners VIII LP, part of Greystar’s flagship, value-add fund series.
Milhaus Unveils Arsenal Terminal Redevelopment Plan in Pittsburgh
A 625-unit apartment community proposed by Milhaus Ventures could soon rise in Lawrenceville, one of the largest neighborhoods in Pittsburgh.
Massive Bronx Multifamily Portfolio Sells for $140M
The deal is reportedly the largest portfolio sale in the borough since 2013.
Manhattan Apartment Sales Dip
CityRealty’s latest report reveals a slight drop in the number of Manhattan apartment sales, but prices are still reaching record highs.
Slate, Adam America and Vanke Pay $116M for Lower East Side Site
Slate Property Group, Adam America Real Estate and Vanke Holdings USA paid $116 million to acquire 45 Rivington Street, and plan to convert it to luxury residential condominiums.
High School Turned Affordable Housing Coming to Niagara Falls
Originally constructed in 1923, the school has sat vacant since 1986.
Longview Completes Luxury Rentals with Suburban Appeal in Montgomery
Westfield 41, a luxury apartment and townhome community developed by Longview Property Group in Royersford, Pa., is welcoming its first residents.
Peak Campus to Manage University Edge in Youngstown
Peak Campus has been selected as manager of a new student housing facility near the Youngstown State University campus.
New Astoria Apartments Start Leasing
The Grove was developed in the footprint of an historic lumber yard in Astoria.
2016 Multifamily Is Shaping Up – Q&A with Tocci Building Companies’ Bud LaRosa
Bud LaRosa, Chief Business Performance Officer with Massachusetts-based Tocci Building Companies, talks multifamily prospects and predictions, including specialty sectors and modular building.