Tackling Affordable Housing in the Northeast

Standard Communities’ Sean Carpenter delves into the challenges affecting the region’s multifamily market, but also weighs in on signs of growing economic vitality across the area’s main metros.

Greystone Provides $50M Loan for Metro Philadelphia Property

Goldcrest Management used the Freddie Mac financing to acquire a 484-unit apartment community in Pine Hill, N.J.

Philadelphia Student Housing Development Gets $23M

College Town Communities will use the loan to build the 264-bed expansion near Penn State Abington’s campus.

KeyBank Provides $23M Financing for Pennsylvania Affordable Community

The adaptive reuse project will transform a former school into a 50-unit property catering to seniors 62 and over.

Common Adds 396 Units to Philadelphia Footprint

The company will operate both co-living and traditional units at communities located in the Fishtown, Southwest Center City and Fairmount neighborhoods.

Radnor Property Group Tops Out Philly Tower

The property forms the second phase of a $175 million development across from Community College of Philadelphia.

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Philadelphia Multifamily Report – Fall 2020

While transaction volume was down 79 percent through October, the average rate continued its upward path.

Greystone Arranges $95M Financing for Multifamily Trio

The Freddie Mac loans will refinance two Class B communities along the East Coast and one in the Midwest.

Pennrose Lands Financing for Philly-Area Senior Community

The 96-unit building represents the final phase of the Kinder Park development in Ridley Township.

Philadelphia Multifamily Wrap-Up – November 2020

Harbor Group lands portfolio refi. Luxury community underway in Conshohocken. Read our November selection of Philadelphia must-knows.