Northeast
Post Brothers Secures $52M Loan for Philly Multifamily
Residential developer Post Brothers has obtained a $52 million loan for Post Rittenhouse Hill to complete the redevelopment of the Rittenhouse Hill multifamily property in the Germantown section of the city.
The Federated Companies Announces Sale of Multifamily Parcel
In a transaction valued at $4.1 million, a 12-acre Wilmington, Mass., development site has been sold by The Federated Companies to EA Fish Development.
Walters Group to Begin Construction on Whispering Hills
The Walters Group is set to begin construction this month on Whispering Hills, a 107-unit townhouse that will also offer an additional 52 units of affordable housing up for rent.
New Housing Stock and Retail Space Set to Revitalize Downtown Yonkers
L+M Development Partners has teamed with the Yonkers Industrial Development Agency on the construction of Warburton Lofts, a historic restoration of loft-style rental apartments and retail space located at 44-50 and 54 Warburton Avenue.
Ranieri Buys Deutsche Bank Multifamily Mortgage Unit
Ranieri Real Estate Partners LP, a real estate financial services company, and private equity funds affiliated with WL Ross & Co. LLC have completed of the acquisition of Deutsche Bank Berkshire Mortgage, formerly a subsidiary of Deutsche Bank, for an undisclosed amount.
Via Verde Puts Remaining Co-ops on Market
Via Verde, a mixed rental and co-op building in the Melrose section of the South Bronx, has put the rest of its co-op units on the market.
NYC Financial District's Apartment Market Tighter Now Than in '06
Who’s got the upper hand when it comes to renting an apartment in New York’s Financial District? According to a report by Platinum Properties, these days the landlord does.
Strong Fundamentals Lead to Solid Manhattan Investment Sales
A new report by Ariel Property Advisors reveals that in 2011, strong fundamentals backed up investment sales in northern Manhattan.
Philadelphia Luxury Condos Offer Waterfront Views
Many thoughts come to mind when one things of Philly: cheesesteaks, the Liberty Bell and Rocky, to name a few. But luxurious waterfront condos? Not typically.
Judge Rules in Favor of City of Orange Property Owners Association: Annual Inspections of Units Unenforceable
A judge of the New Jersey Superior Court, considering a challenge filed by a property owners group of the City of Orange, ruled that the City’s annual inspection ordinance, which was enacted in December 2010, and required annual inspections of rental properties, was void and unenforceable.