Northeast
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.
Affordable Seniors Multifamily Community Completed in N.Y. State
A new seniors housing community called Amber Grove has been completed in New Windsor, N.Y., about an hour’s drive north of New York City.
Five Oaks Investment Corp. Announces the Appointment of David Akre as Managing Director at Oak Circle Capital Partners LLC
Five Oaks Investment Corp. announced that David Akre has joined the senior management team of Oak Circle Capital Partners LLC, the Company’s external manager, as a managing director.
Enterprise Community Partners, Inc. Announces New Co-Chair of the Enterprise New York Advisory Board
Enterprise Community Partners, Inc. announced today the election of Todd A. Gomez, Community Development Banking (CDB) Northeast Region Executive at Bank of America Merrill Lynch, to join David Cavalier as co-chair of the Enterprise New York Advisory Board.