Northeast
Peterson and Bozzuto Partner for First National Harbor Apartments
Washington, DC–With the joint venture of The Peterson Companies and The Bozzuto Group, National Harbor will have its first apartment community.
Value Cos. Upgrades, Leases Up North NJ Apartment Complex
Bergen County, NJ–Dorchester Manor, an apartment complex in New Milford, NJ, is nearing a complete lease-up of its 200 apartments.
Manhattanites Flock to Yorkville’s Family-Friendly Condos
New York, N.Y.–Yorkville is in the midst of change, with new luxury residential developments spearheading its evolution into a community tailored to family life.
DEAL OF THE DAY: E&G Group Awarded LIHTC Project by Washington, D.C. Housing Department
Washington, D.C.–E&G Group, LLC and its principals have completed the purchase of five properties in Washington, D.C. from five limited equity cooperatives.
NY Condo, Co-Op Owners Face Escalating Charges in 2011
New York–A new report by Cooper Square Realty Inc. contains some unpleasant news for condo-unit owners and co-op shareholders in the city.
DEAL OF THE DAY: Bell Partners Fund Purchases Apartment Property
Chesapeake, Va.–Bell Partners Inc. has joined with a group of high net-worth ownership entities to purchase the 192-unit Alta Great Bridge Apartments in Chesapeake, Va.
DEAL OF THE DAY: Tribeca Loft Building Sells for $13M after Only 2.5 Months on the Market
New York–The late-19th century, seven-story loft building at 481-487 Washington Street in Manhattan’s trendy TriBeCa neighborhood has just traded for benchmark pricing, fetching $13 million ($281 per square foot).
PropertyShark’s Top-Selling NYC Multi-Housing Buildings of 2010
New York–PropertyShark has identified the apartment buildings with the most units sold during the first three quarters of 2010.
$200M Joint Venture Recaps Six-Property Seniors Portfolio
Harrison Street Real Estate Capital has joined forces with Morningside House Senior Living on a $200 million joint venture.
DEAL OF THE DAY: KeyBank Provides $106M in Seniors Housing Financing in New Jersey
East Brunswick, N.J.–KeyBank Real Estate Capital provided $106.7 million in Freddie Mac funding for seven assisted living and age-restricted communities in New Jersey.