Northeast
JV to Develop Mixed-Use Community in Coram, NY
The Long Island Regional Economic Development Council, Community Development Corporation of Long Island and Conifer Realty have joined forces to build Wincoram Commons, a mixed-use development to be comprised of 176 workforce rental homes and 13,300 square feet of commercial space on 17.65 acres in Coram, N.Y.
Stonehenge, SL Green Complete 1080 Amsterdam Renovation in NYC
Stonehenge Partners and SL Green Realty Corp. have opened 1080 Amsterdam, a rental apartment tower in the Morningside Heights neighborhood of Manhattan
Manhattan’s One Museum Mile Reaches Sell-Out
One Museum Mile, a condo development at 1280 Fifth Ave. on Central Park in Manhattan, has sold all of its units.
Garden Communities Begins Leasing at Woodcrest at Clark in Clark, N.J.
Garden Homes subsidiary Garden Communities has announced the opening of the first of four apartment buildings in the company’s active adult community Woodcrest at Clark.
TODAY’S DEALS: Eastern Union Funding Closes $46.57M Construction Loan for South Jersey Townhomes
Investors Bank will provide a $40 million construction loan with a $6.57 million earn-out for The Avery, a 450-unit townhome project; and BMC Capital provides a $1.32 million cash-out refinance loan for a student-housing property.
The Solomon Organization Promotes Andrew Rosen to Managing Director
The Solomon Organization recently announced its promotion of Andrew Rosen to managing director in response to his invaluable contributions to the multifamily operator’s portfolio of more than 10,000 units in New York, New Jersey, Connecticut and Pennsylvania.
TODAY’S DEALS: Milestone Buys in Denver and Atlanta
Milestone buys two properties for a combined $78 million; Bell Partners buys an apartment community in the Baltimore-D.C. metro area; and Sabra Health Care REIT purchases a seniors housing campus in Indiana.
NYSERDA Seminars to Highlight Value of Energy Efficiency in Multifamily Buildings
The New York State Energy Research and Development Authority is holding seminars on Thursday, May 8 in Manhattan to help address the critical, persistent issues that are impacting the performance of multifamily buildings.
Garden Communities Begins Leasing of Fair Lawn Mixed-Use Community
Garden Communities, a subsidiary of Garden Homes, has began leasing operations on the 150 luxury rental apartments of Fair Lawn Promenade, a mixed-use community in Fair Lawn, N.J., currently under construction along Route 208.
Delshah Appoints Jeffrey Bogino as SVP, Managing Director
Delshah Capital has announced the appointment of Jeffrey D. Bogino as senior vice president and managing director.