Northeast

National Development Begins Construction on 83-Unit Boston Luxury Development

National Development has started construction on SEPIA at Ink Block, an 83-unit luxury condominium that is part of a planned six-building, mixed-use development in Boston’s South End.

Greystone Launches Seniors Housing Investment Sales and Advisory Group

Greystone, a national provider of multifamily and healthcare mortgage loans, announced it has launched a seniors housing real estate sales and investment advisory group through the acquisition of the ARA National Seniors Housing Group from ARA National Seniors Housing Group Ltd.

NYSERDA Partnership to Boost Financing for Clean Energy Projects in NY

The New York State Energy Research and Development Authority has announced a partnership with the Energy Improvement Corporation that will enable Commercial Property Assessed Clean Energy financing to direct low-cost capital toward multifamily and business projects across the state.

Lennar Opens Condos in Master Planned Port Imperial in NJ

1000 Avenue at Port Imperial, a condo building on the Hudson River waterfront in Weehawken, N.J., has opened.

The Dolben Company Promotes Keith Corriveau to Regional Director

The Dolben Company Inc., a full-service Boston-based real estate company, announced that Keith Corriveau has been promoted to the role of regional director.

Brooklyn’s 388 Bridge Street Now 75 Percent Leased

The Stahl Organization and Halstead Property Development Marketing have announced that the 53-story hybrid residential building 388 Bridge Street in Brooklyn is 75 percent leased. The 378-unit, mixed-use building includes 234 rental units, 104 condominiums and 40 penthouse residences.

Bell Partners Acquires 240-Unit Apartment Community in Boston Metro Area for $54.1M

Bell Partners Inc., has acquired Lodge at Stoughton, a 240-unit community in Stoughton, Mass., for $54.1 million from the Hanover Company.

WinnResidential Named 2014 Top Affordable Housing Manager by NAHMA

WinnResidential, the property management arm of WinnCompanies, announced it has been named the largest affordable multifamily property management company, ranked by affordable unit counts by the National Affordable Housing Management Association (NAHMA).

Prism Takes On-Site Fitness a Step Further at Parkway Lofts

Fitness centers are a nice addition to many luxury apartment buildings. At Parkway Lofts in Bloomfield, N.J., however, the fitness center is not merely an add-on. It is the crowning jewel of the building’s resort-style amenity package.

Kerry Rudd Appointed Duravit USA Vice President of Sales

Duravit USA is continuing its sales expansion with the addition of Kerry Rudd to the team. Rudd will join Duravit USA as the vice president sales, business development.