Northeast
River Park Estates Benefits from Procida Funding's 100 Mile Fund
The developer of River Park Estates, a 10-unit town home development in North Bergen, N.J., has obtained a $3.5 million bridge loan to permit completion of the project.
Half of Condominiums Now Sold at The Story House in Manhattan
The Story House, a boutique condominium located in Manhattan’s Flatiron district, is preparing for its first closings this spring. As it does, developer Manhattan Skyline has announced that the property is now 50 percent sold.
Englewood, N.J., Condo Project Completed
The Pinnacle Cos. has completed work on The M at Englewood South, a condominium project in Bergen County.
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.