Northeast

Suburban Philly Apartments Trade for $37.5M

Tenby Chase Apartments, a 327-unit property in Delran, N.J., has traded hands. SDK Apartments bought the asset from Pantzer Properties for $37.5 million. Currently, it’s 98 percent occupied.

Corvias Campus Living Appoints New Vice President

Corvias Group, a privately-owned, vertically-integrated real estate solutions group, announced today that Geoff Eisenacher has been named a vice president of business development for Corvias Campus Living, the company’s student housing division.

Related Companies and The Beal Companies Sell Boston Penthouse for $6.5M

Related Companies and The Beal Companies announced that the 3,500 square foot Penthouse 1 at The Clarendon has been sold for $6.5 million, or $1,834 per square foot. This represents the first collaboration between the two companies.

The Marketing Directors Announces New Marketing Coordinator, Laura Green

Laura M. Green has joined The Marketing Directors, a development advisory and master property marketing and sales force, as its new marketing coordinator.

“The Future of Zone A”: A Panel Discussion on Climate Change Adaptability

As the effects of climate change continue to make themselves known around the globe, New York City has become all too familiar with this new and devastating phenomenon.

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.