Northeast
Boston Multifamily Report – November 2022
Going into winter, fundamentals are returning to more sustainable levels.
Landmark Properties, Manulife Form Student Housing JV
The joint venture’s first project will be an 890-bed community at the University of Connecticut in Storrs.
Partially Affordable Senior Housing Opens in Massachusetts
Pennrose broke ground on the 60-unit project last year.
UMH Properties Buys New Jersey MHC for $23M
In 2022, the company purchased six manufactured home communities for a total of $86.3 million.
Boston Affordable Community Receives $31M Loan
MassHousing secured the financing on behalf of CSI Support & Development Services.
Newmark Arranges $300M for Self Storage JV
The firm has provided the financing to Maya Capital Partners and Artemis Real Estate.
JMC Joint Venture Lands $93M Loan for Massachusetts Redevelopment
Cambridge Savings Bank provided the financing to convert a Chelsea property into two mixed-income communities.
NYU Schack Panelists Address the Big Apple’s Housing Needs
Mayor Adams and industry leaders highlighted New York City multifamily opportunities.
Greystone Provides $25M for Connecticut Portfolio
The portfolio comprises market-rate and luxury assets developed from 1880 to 2021.
Pittsburgh Multifamily Report – October 2022
Somewhat surprisingly, the city is outperforming national averages.