Northeast
Second Phase Planned for Sterling Parc at Middletown
As further evidence that the demand for rental properties is broad as well as deep, Sterling Properties reports that the first phase (three buildings all together) of Sterling Parc at Middletown in Orange County, N.Y., has nearly leased all of its apartments.
Long Island City’s The Industry LIC Now Sold Out
Commuting ease to Manhattan, modern design features and eye-popping skyline views are among factors that resulted in The Industry LIC luxury condominium recently reaching sold-out status.
Funding in Place for Massachusetts Affordable Property
Funding is falling into place for Tri-Town Landing, Phase II, a 33-unit affordable development in Lunenburg.
WinnDevelopment Completes $19M Redevelopment for Seniors Housing Community
WinnDevelopment has announced the opening of Fitchburg Place, an affordable seniors housing community in Fitchburg, Mass. The company recently completed a $19 million redevelopment on the community.
Concern for Independent Living Opens 90-Unit Mixed-Use Supportive Housing Project in Brooklyn
Concern for Independent Living, a nonprofit provider of supportive housing, has opened The Concern Heights Apartments in the Crown Heights section of Brooklyn, N.Y.
Chestnut Hill Realty Adds Amenities, New Units at Norwood Gardens
A newly completed Resident Activity Center including an Internet café and fitness facility has come to Norwood Gardens, a 344-unit apartment community in Norwood, Mass.
Boston Capital Invests in 70-unit Affordable Multifamily Development
Boston Capital is investing in the construction of Cheriton Heights Apartments, a 70-unit multifamily development for seniors in Boston’s West Roxbury neighborhood.
New Apartments Underway in Suburban Philly
Madison Apartment Group has broken ground on Madison New Britain, a 232-unit apartment community in the Philadelphia suburb of Chalfont in Bucks County.
Salmanson Capital Acquires Student Housing Portfolio
Salmanson Capital has acquired a portfolio of off-campus student housing adjacent to Bethlehem’s Lehigh University for $15.23 million.
Affordable Housing Community to be First New Construction of Apartments in Ewing Township in 40 Years
The Gardens at Birmingham, a planned 48-unit affordable housing community in Ewing Township, N.J., was awarded Federal Low Income Housing Tax Credits by the New Jersey Housing & Mortgage Finance Agency.