Northeast
Modern Spaces Achieving Success in Lease-Up of Woodside, N.Y. Building
The Icon52, a Tsilo Group development in the Queens neighborhood of Woodside, has already leased more than half of its 66 units in little more than three weeks.
Treetop Enters Philadelphia Market with Acquisition of 502-Unit Community
Treetop Development has purchased Charter Court at East Falls, a 502-unit high-rise community located in Philadelphia.
The $47.3 million acquisition represents Treetop’s first venture in the MSA.
The Marketing Directors to Provide Leasing and Marketing Services at NYC Community
CBSK Ironstate selects The Marketing Directors as the marketing and leasing consultant for a luxury community to be built at 200 East 39th Street in Manhattan.
Luxury Gold Coast Community Opens in Weehawken, N.J.
Hartz Mountain Industries and Roseland officially open Estuary at Lincoln Harbor, the newest luxury waterfront rental on New Jersey’s Gold Coast.
Benenson Capital, Rose Partners Team on Brooklyn Mixed-Use Project
Benenson Capital Partners has forged a joint venture partnership with Rose Associates to develop a mixed-use tower in downtown Brooklyn. The two family-owned firms have a solid track record together in New York City.
Greystone Coordinates Financing for Jersey City Affordable Housing Community
Greystone has solidified financing for Salem Lafayette Apartments in Jersey City. The $64.5 million Fannie Mae Multifamily Affordable Housing (MAH) funding will go toward the acquisition and rehabilitation of the affordable housing community.
Silverstone Property Group Sells 247 East 28th Street
Owner-developer and affiliate of Madison Realty Capital, Silverstone Property Group has sold 247 E. 28th St., also known as The Grayson, for $99.7 million.
Centerline Capital Unveils New Healthcare Lending Platform
Centerline Capital Group has announced the addition of a national healthcare lending platform. The new program will fund a variety of multifamily healthcare related projects such as community-based residential care, assisted living, memory care and nursing homes.
Central Harlem Condo Development Half Sold After First Month on the Market
About half of the condominiums at L+M Development Partners Inc.’s Central Harlem mixed-use development, The Adeline, have sold in the first month of sales. The community is expected to be completed this fall.
Vitus Group Acquires New Jersey Affordable Housing Asset
Vitus Group has launched a value-add play with the acquisition of Penny Point Apartments, a 152-unit affordable housing community located in Egg Harbor, N.J.