Northeast
Corvias Group Promotes Sara Ortleb to Assistant General Counsel
Corvias Group announced the promotion of Sara Ortleb to assistant general counsel from associate counsel as a recognition of her hard work and vital role in the legal department.
Urban Capital Partners Acquires Multifamily Community, Formerly Schoolhouse
New Boston Fund Inc. announced the sale of Schoolhouse at Lower Mills, a 62-unit mixed income community in Dorchester, Mass., to Urban Capital Partners LLC.
TODAY’S DEALS: Development Site Near Hudson Yards Sells For $21.25M
A development site positioned in New York City’s Hudson Yards Special District at 511-515 West 36th Street has traded for $21.25 million; and Alliant Capital completes $24.71 million in acquisition loans.
Michael Skrebutenas Joins The Community Preservation Corporation
The Community Preservation Corporation announced that Michael Skrebutenas has joined as senior vice president and regional director of CPC’s Albany office.
TODAY’s DEALS: Cassidy Turley Brokers $73.6M Construction Loan for D.C. Mixed-Use Community
Cassidy Turley announced that it secured a $73.6 million construction loan for Fort Totten Square; and Marcus & Millichap arranged the sale of an Austin, Texas, property.
TODAY’S DEALS: Ridge Capital Joint Venture Acquires Napa Portfolio for $39.5M
Ridge Capital Investors LLC and Redwood Real Estate Partners acquire two properties south of downtown Napa, Calif.; and Greystone originates $28 million in bridge loans for two seniors communities.
Brooklyn Heights Condos Near Sellout
Condo sales have been gathering momentum in New York since last year, with new properties in various parts of town reporting increasing sales.
PropertyShark.com Launches REO listings in New York City
PropertyShark.com, a real estate research site, officially announced today the launch of REO listings in New York City.
The Community Preservation Corporation Announces New Members of the NYC Originations Team
The Community Preservation Corporation (CPC), a non-profit lender for affordable housing throughout New York State, announced today two new members of the New York City Originations team.
I.M. Pei Turns 96; His N.Y. Condo Project is 80 Percent Occupied
I.M. Pei, the noted Chinese-American architect and oldest living Pritzker Prize winner, turns 96 today. His only condominium project, The Centurion in New York City, is currently 80 percent sold.