Northeast
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.
Astoria Condos Sell Out
In a bit of news that used to be common in the New York market, but which is now not quite so ordinary, a condo development is reporting that it’s sold out.
New Apartments Add to Norwest Woods' Success Story
Chestnut Hill Realty has added 54 new one-bedroom apartments to Norwest Woods. The new apartment homes represented almost 10 percent of all new apartments built last year in the Greater Boston area.
Penthouse Condos Selling Quickly at 40 Park
Two penthouses have recently been sold at 40 Park, a luxury condominium community managed by Roseland Property Company in Morristown, N.J.
MNS Sees Positives in Brooklyn Rental Report
Residential brokerage, sales and marketing firm MNS released its January 2012 Brooklyn Rental Report, and although there was a slight decrease in rental rates for the beginning of the year, all signs point to a positive year ahead.