Northeast
Pembrook Capital Management Provides $7.5M for Brooklyn Community
Lincoln Park, a Brooklyn development consisting of two apartment buildings totaling 133 units, has obtained $7.5 million in equity financing for its construction from Pembrook Capital Management.
Duravit Announces Designer Dream Bath Winner
Duravit has selected the winning projects for its first design competition, the Duravit Designer Dream Bath Competition.
Brian Klansky Joins US Energy Group’s Executive Leadership Team
U.S. Energy Group announced the expansion of the company’s executive leadership team to include Brian Klansky as senior vice president of sales.
Kearney Realty’s Poughkeepsie Commons Development Opens for Seniors, Homeless, Veterans
There are 71 more affordable housing units available to Poughkeepsie, N.Y., seniors, homeless people and disabled veterans thanks to the completion of Poughkeepsie Commons, a three-story community developed by The Kearney Realty & Development Group.
DelShah Capital Completes a $26.8M Buy in NYC’s West Village
DelShah Capital has acquired 37 units in New York’s West Village from Stone Street Properties.
WinnResidential and WHA Team on $16.8M Renovation of Morris Heights Affordable Housing
WinnResidential, in partnership with the Workforce Housing Advisors and Community Preservation Corporation, has completed a $16.8 million renovation of 1520 Sedgwick Ave., in the Bronx’s Morris Heights neighborhood.
Global One Real Estate Fund Acquires Promenade Apartments
Robert Nelson’s Global One Real Estate Fund, in conjunction with the NYAH Preservation Fund II, a joint venture between Citi Community Capital and L+M Development Partners, has acquired Promenade Apartments, a 318-unit, 32-story apartment community overlooking Manhattan’s Harlem River.
WinnCompanies Welcomes New SVP & CFO
WinnCompanies, a real estate development and property management company, announced that Bryan Hunt has been hired as chief financial officer for WinnResidential, the property management arm of WinnCompanies, and Alessandra de Vaca has been hired as senior vice president of human resources and training.
Maplewood Senior Living Breaks Ground on 84-Unit Community
Construction is underway at Maplewood Senior Living’s newest community, Maplewood at Stony Hill, an assisted living residence that will focus on memory care.