Northeast

Affordable Housing

$189M Bronx Affordable Housing Breaks Ground

Starhill Phase I will feature 326 units, including 200 residences set aside for the homeless.

Anda Rosu - July 28, 2022
Luxury

Harbor Group Closes $83M New Jersey Sale

The Mark Parsippany last traded in 2020.

Simona Tudose - July 27, 2022
Avalon Green. Image courtesy of Harbor Group International and Azure Partners
Finance & Investment

AvalonBay Sells NY Community for $306M

Common areas and units are slated for a $9 million upgrade.

Gail Kalinoski - July 27, 2022
Development

Brooklyn Development Scores $134M

The community will include 95 affordable units.

Madalina Pojoga - July 27, 2022
Self Storage

Invesco Pays $44M for Brooklyn Self Storage

The property last traded in 2007 for a quarter of the current price.

Madalina Pojoga - July 27, 2022
2856 Webster Ave. Image courtesy of Douglaston Development
Senior Housing

Douglaston Development Tops Out Bronx Senior Housing Project

Located next to the New York Botanical Garden, the community will provide units for residents earning 50 percent of AMI.

Jackson Chen - July 21, 2022
Development

LMC Breaks Ground in Boston

Leasing for the community will begin in late fall of 2024.

Jordana Rothberg - July 20, 2022
Luxury

A&E Real Estate Buys Manhattan Apartments for $415M

CBRE arranged the sale of the 455-unit building located on the Upper West Side.

Jeffrey Steele - July 18, 2022
Senior Housing

Suburban Cleveland Senior Housing Communities Land $74M Refi

JLL Capital Markets arranged the financing for the two properties.

Madalina Pojoga - July 15, 2022
Matrix Metro Reports

Boston Multifamily Report – June 2022

The city remains a tight rental market, with most fundamentals recording strong gains.

Anca Gagiuc - July 14, 2022