Northeast
Developer Duo to Recapitalize Bronx Properties
The developers have upgraded the affordable New York City assets.
Brooklyn Multifamily Report – May 2023
The borough still has one of the country’s highest occupancy rates.
Pennrose Opens Affordable Alexandria Project
The property caters to families and seniors earning between 30 and 60 percent of the area median income.
Philadelphia Multifamily Report – May 2023
Things are slowly returning to historical averages.
SecureSpace Opens Suburban Philadelphia Self Storage
Truist Bank provided $12.8 million in financing for the project.
Manhattan Multifamily Report – May 2023
The borough sports one of the country’s strongest gains.
Carlyle, Property Markets Group Land $520M for Brooklyn Project
Due to come online in 2025, the property will overlook the Gowanus Canal.
Pennrose Opens New Jersey Affordable Senior Community
Previously a public housing site, the property went through a $20 million redevelopment.
Former Children’s Home in Massachusetts to Become Affordable Housing
Cruz Development Corp. plans to convert the New Bedford building into 28 mixed-income units.
JV Secures $97M for New Jersey Property
JLL Capital Markets arranged financing for the transit-oriented development, which is located in an Opportunity Zone.