Northeast
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.
Groundbreaking Ceremonies Herald Start of Old Colony’s Phase Two
Groundbreaking ceremonies were recently held to mark the construction start on Phase Two of The Homes at Old Colony Redevelopment Project in South Boston.
Centerline Capital Group Selected By U.S. Department of Housing and Urban Developmen for Tax Credit Pilot
Centerline Capital Group announced it was selected to participate in a tax credit pilot program conducted by the U.S. Department of Housing and Urban Development.
PROFILE: TD Bank Eschews Bailout, Provides Consistent Financing
TD Bank regards its reliability for customers—the noted ability to continue to support borrowers through tough economic times—as one of its competitive advantages.