Property Types
Jersey City’s 18 Park Celebrates Grand Opening
Jersey City Mayor Steven Fulop along with officials from Ironstate Development and Kushner Real Estate (KRE) were recently on hand to celebrate the grand opening of the recently completed 18 Park luxury rental building in Jersey City’s Liberty Harbor North neighborhood.
Steady Occupancy
ACC’s Bill Bayless sees growth opportunity in the student housing sector.
Ingerman Closes on Land for Development of Affordable Community
Multifamily builder and manager Ingerman has announced that it has closed on a 2.6-acre property in Wood-Ridge, Bergen County, N.J., where it plans to construct a 104-unit affordable rental community.
Enterprise Names Judi Kende Vice President and New York Market Leader
Enterprise Community Partners Inc. announced that Judi Kende has joined as vice president and New York market leader after working eight years at the Low Income Investment Fund.
Abrams Development Acquires Boston Affordable Housing Property
The Abrams Development Co. has inked a deal to acquire the 71-unit Lionhead Apartments in Dorchester district of Boston.
PMG Announces Plans for Development at University Village in Chicago
Property Markets Group has announced its plans to develop a new $35 million residential project near the University of Illinois at Chicago campus in the University Village neighborhood.
Argos Development’s The Montrose Residences have Sold Out
Real estate marketing company Urban Pace LLC has announced that all the condominium homes at The Montrose Residences, a 15-unit low-rise community in Washington’s prestigious Georgetown neighborhood, have sold. The building, the former home of Henry and Anne Hurt Home for the Blind, has recently undergone a three-year renovation and all of the luxury units were sold just six months after the project’s completion.
TODAY’S DEALS: Parse Capital Provides $7.3M Mezz. Piece for Luxury Houston Apartments
Parse Capital partners with JPI Companies on a $37 million Houston development; Capital One closes an $8.8 million refinance for a New Hampshire assisted living community; and ARA’s Colorado office handles the $899,000 sale of a 14-Unit townhome community in Colorado Springs, Colo.
L+M Development Opens Final Phase of Candlestick Heights
Affordable housing developer L+M Development Partners recently announced the official opening of the long-stalled Candlestick Heights affordable housing community in San Francisco’s Bayview Neighborhood.