Northeast
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.
HELP USA Opens $129M Affordable Housing Community
Upon completion, the Brooklyn property will comprise more than 500 units.
Brooklyn Development Lands $68M Loan
The project will benefit from the 421a tax abatement program.
Developers Complete New York Affordable Housing Rehabilitation
This is the community’s first upgrade since it was converted to public housing 40 years ago.
Trammell Breaks Ground in Massachusetts
A rendering of the completed Alexan Chelmsford property. Image courtesy of Trammell Crow Co.
Value-Add Connecticut Asset Changes Hands
The buyer assumed the outstanding balance of a $12.3 million Fannie Mae loan.
Slate Property Group JV Lands $97M for Queens Community
Loan proceeds will be used to retire existing debt.