Northeast
MassHousing’s David Keene Elected as VP of National Leased Housing Association’s Board of Directors
MassHousing’s David Keene has been elected to serve a one-year term as vice president on the National Leased Housing Association Board of Directors.
The Urban Strategy America Fund Invests in 151-Unit Affordable Community
The Urban Strategy America Fund, a fund at New Boston Fund has closed on the permanent financing for the third financial rental phase of Olmsted Green, a community in Boston.
New Boston Fund Names Dan McGrath Assistant VP
Boston—New Boston Fund, Inc., a private equity real estate investment, development and management firm, announced the promotion of Dan McGrath to assistant vice president, where he will work alongside the Northeast development team and the national asset management team. McGrath was recently integrated into New Boston Fund’s development team for One Greenway, a planned 362-unit mixed-income development bordering Boston’s Chinatown neighborhood and the Rose Kennedy Greenway. The project will include 312 apartment units in a 21-story tower, along with ground floor retail and community space, a 1/3 acre of publically accessible open space and 50 affordable condominiums. As part of this…
$10M Loan Closed for Affordable Housing in Mass.
MassHousing has closed on $10.1 million in loans for the renovation and preservation of affordability at the 108-unit Kings Landing in Brewster.
Institutional Buyer Pays $99M for Stamford Apartments
Clarion Partners has acquired Infinity Harbor Point, a 242-unit apartment high rise in Stamford, for $98.8 million.
MNS Begins Sales of Williamsburg Townhomes
MNS, a real estate brokerage firm specializing in New York City residential properties, was named the exclusive sales and marketing agent for the Williamsburg Townhomes by developer, Magnum Real Estate Group
DeMatteis and Mattone Find Success with Luxury Apartments in NYC
Co-developers the DeMatteis Organizations and the Mattone Group have sold over 80 percent of its Upper East Side luxury high-rise community Azure, with fewer than 17 residences remaining—all Tower Residences, which are the high-floor homes with sweeping NYC views.
New Boston Fund Names Walker VP of Construction
New Boston Fund Inc., a private equity real estate investment, development and management firm, announced today the promotion of David Walker to vice president of construction in the Northeast.
Student Housing Near Central Connecticut State Sells
Campus View Apartments in New Britain, Conn., has traded hands for $4.72 million. The property is a 63-unit student-housing community at the entrance to Central Connecticut State University.
LCOR Announces Penthouses Available at NYC Luxury Building
LCOR has released The Penthouse Collection at 25 Broad, a community in New York. There are four units in the collection, two of which are already leased.