Northeast
BLDG Secures $425M for Queens Mixed-Use Development
The 69-story skyscraper will comprise 800-plus residential units.
Queens Multifamily Report – May 2023
Meanwhile, the workforce segment is treading water.
Arlington Property Converts to Affordable With $47M HUD Loan
Standard Communities has been working toward converting the community from market rate to affordable since acquiring it in 2018.
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.