Northeast

Winthrop Realty Trust Closes on a Quartet of Class A Properties

Winthrop Realty and Trust has announced the acquisition of four Class A luxury apartment buildings that have been built to condominium specifications for an aggregate purchase price of $246 million.

Lowe Enterprises Investors Acquires The Granary in Philadelphia

The Granary, a new nine-story, Class A multifamily community in Philadelphia, has been acquired by Lowe Enterprises Investors from developer Pearl Properties on behalf of an investment client.

Mitchell Properties and The Community Builders Finish Boston Mixed-Income Multifamily Project

A joint venture between Mitchell Properties and The Community Builders has opened 225 Centre, the first phase of a 14-building, transit-oriented $250 million redevelopment of Jackson Square, which is designed to be a link between Boston’s Jamaica Plain and Roxbury neighborhoods.

Elad Group Launches Sales at Landmarked 22 Central Park South

The newest New York condominium project from developer Elad Group, 22 Central Park South, has commenced sales.

Mack-Cali, Roseland Open RiverTrace at Port Imperial

Mack-Cali Realty Corporation and Roseland recently celebrated the opening of RiverTrace at Port Imperial rental community.

Winn Finishes Rehab of Philly Affordable Seniors Housing

WinnDevelopment, the real estate development arm of WinnCompanies, has completed the rehab of Venango House Apartments, an affordable seniors housing property in the Tioga neighborhood of Philadelphia.

Hakimian’s 75 Wall Condos Setting the Pace for FiDi Sales

The Hakimian Organization announced that the sales total for October has exceeded $17 million through 12 transactions at its 75 Wall community atop the Andaz Wall Street Hotel in New York.

BRIDGE Housing Appoints Elizabeth Van Benschoten as CDFI President

BRIDGE Housing has appointed Elizabeth Van Benschoten as president of its CDFI (Community Development Financial Institution) affiliate, effective Nov. 4.

SyndicIT Announces ‘Go Digital at the Core’ Technology Solutions for the Apartment Industry

SyndicIT Services, a Hewlett-Packard , of Palo Alto, Calif., Silver Development Partner, announced a new comprehensive suite of technology solutions designed for owners and managers of multifamily properties.

NAHB Names Stacie Brach 2013 Regional Property Manager of the Year

Stacie Brach, a district property manager with Interstate Realty Management (IRM), has been named the 2013 Regional Property Manager of the Year by The National Association of Home Builders.