Northeast
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.
BRT Gets $35M for Southwest Connecticut Asset
Greystone provided the Fannie Mae refinancing loan.
Denholtz, Redwood Break Ground on New Jersey Community
Located in Bound Brook, the property will open in the third quarter of 2024.
Developers Open Mixed-Use Multifamily Property in New Jersey
The District at 15fifteen will include affordable and age-restricted apartments.