Northeast
DEAL OF THE DAY: CBRE Arranges Sale of 634-Unit Community in Md.
CB Richard Ellis recently arranged the sale of Sherwood Crossing, a 634-unit rental apartment community at 6731 Old Waterloo Road, in Elkridge, MD, 30 minutes from Washington, D.C. and 15 minutes from Baltimore.
DEAL OF THE DAY: Arbor Closes $1,878,700 Fannie Mae DUS Small Loan
Arbor Commercial Funding LLC announced the recent funding of a $1,878,700 loan under the Fannie Mae DUS Small Loan product line for the 16-unit complex known as 1322 Commonwealth Avenue in Boston.
Tenant Credit Risk For Multifamily Landlords Stabilizes in 1Q10
First Advantage SafeRent Inc., a screening and risk management specialist for the multifamily housing industry, has released its Multifamily Applicant Risk (MAR) Index for first quarter 2010
Williamsburg Condo Development Reaches 70 Percent Sales Threshold
The luxury condominium development 125 North 10th Street has surpassed the 70 percent sold level.
DEAL OF THE DAY: Boston Capital Invests $16M Tax Credit Equity for Affordable Housing Rehab
Boston Capital has invested $16 million in Clarendon Hill Towers
Work Begins On DC Transit-Oriented Apartments
Urban Atlantic and A&R Development Corp. have broken ground on a transit-oriented mixed-use development.
Todd Trehubenko Becomes CEO of Recap
Todd Trehubenko, president of Recap Real Estate Advisors (Recap) will step in as the new CEO
DEAL OF THE DAY: Two Senior Housing Communities Sold for $43M
Marcus & Millichap Real Estate Investment Services has brokered the sale of two seniors housing residences.
Staten Island Homebuilder Announces Buyer Credit Program
Leewood Real Estate Group has announced it will offer a credit program for buyers of its apartments.
Robbinsville Town Center Wins Smart Growth Award
Sharbell Development Corp. and architectural firm Feinberg & Associates P.C., along with the town of Robbinsville, N.J., have won the 2010 New Jersey Future Smart Growth Award.