Northeast
Centurion Lands $171M Loan for Converted Manhattan Condos
JLL arranged the financing, which was provided by Macquarie Principal Finance.
Pennrose Lands Financing for Massachusetts Affordable Redevelopment
MassHousing provided the funds.
Sym Investments Buys North Jersey Community
The 288-unit asset benefits from a 30-year tax PILOT.
TM Associates Opens $95M Affordable Community in DC
MDXL Flats adds more than 100 units to the metro’s strained affordable housing market.
Northeastern Moves Forward With Student Housing Project
The 23-story Boston tower will include up to 1,300 beds.
Placemakr Opens Flexible Living Community in DC
Located in the NoMa neighborhood, the property offers residents a variety of lease options.
Clipper Equity Lands $140M Construction Loan for Brooklyn Project
SCALE Lending provided financing for the 354-unit community.
Allure Group Obtains $108M for Brooklyn Tower
Dwight Mortgage Trust provided the bridge loan.
Boston Multifamily Report – February 2024
Price per unit is improving in the high-performing market.
AREP Lands $27M Mezzanine Loan for D.C. Multifamily Conversion
The adaptive reuse project will refurbish a former office in Old Town Alexandria.