Northeast

APARTMENT MARKET STATISTICS: January 2013

The Apartment Market Statistics section of the January 2013 issue of MHN features a range of important multifamily data.

Jennifer McLean Joins GFI Capital Resources Group, Inc. as Chief Financial Officer

GFI Capital Resources Group, a full-service provider of real estate and insurance services, announces that Jennifer McLean will join the company’s executive management team as chief financial officer.

Luxury Rental Apartment Development Slated for Morristown

A luxury rental community called Latitude, to be developed by Dallas-based developer Mill Creek Residential, will soon be under construction in downtown Morristown, N.J.

Public/Private Financing Unveiled for Brooklyn Apartment Project

1133 Manhattan Avenue, a mixed-use development by the Domain Cos. in Greenpoint, Brooklyn, is a step closer to realization with financing through the New York City Housing Development Corp. and by Goldman Sachs.

The Community Preservation Corporation Announces New Board Members

he Community Preservation Corporation (CPC), a non-profit lender for affordable housing throughout New York State, announced today the election of three new affordable housing career leaders to the CPC Board.

Kelly Rowley Named as National Training Director at Madison Apartment Group, L.P.

Madison Apartment Group, LP, the multifamily operating arm of BPG Properties Ltd., announced today that Kelly Rowley has been named national training director for the company.

Luxury Rental Building Slated for Manhattan’s Upper West Side

A site on 61st St. on Manhattan’s Upper West Side will be the location of a new 43-story luxury rental tower to be called 21 West End Avenue.

HIT Invests $33M for Second Phase of Old Colony Redevelopment

The AFL-CIO Housing Investment Trust has invested $33.5 million in the $61.4 million development of 129 new apartments at Old Colony, one of Boston’s largest public housing properties.

Corvias Campus Living Announces Two Key Appointments

Corvias Group announced that it has hired Jennifer Dilley as vice president of student affairs and Ronald LaPorte as vice president of business development of Corvias Campus Living, the company’s student housing division.

HFF Closes on $66.25M Sale of N.J. Community

HFF has closed on the sale of Avalon at Aberdeen Station in Aberdeen, N.J., for $66.25 million on behalf of the seller, AvalonBay Communities Inc. MFREVF Aberdeen Urban Renewal LLC purchased the multifamily community.