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    Capano Residential Nabs DE Community

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    Alisha Huntsinger is the company’s new vice president of operations. She will oversee daily operations in support of the execution of the firm’s strategy.

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    LIHC Investment Group, Belveron Partners and Camber Property Group will rehabilitate Stevenson Commons in the New York City borough. The initiative is moving forward through an agreement with the New York City Housing Development Corp.

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    The community, located in New York City’s fastest-growing neighborhood, Long Island City, Queens, will include more than 1,800 apartments and 120,000 square feet of indoor and outdoor amenities, as well as a private 1.6-acre park.

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    When finished, the new property will consist of 69 luxury condominiums as well as 18 parking spaces and 20,000 square feet of retail space at grade.

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  • Investment

    The average price per square foot for all property types came to $207,000 in the second quarter of 2017, with CBD Office commanding the highest value at $397,000.

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  • Downtown Manhattan Apartments Land $375M Refi

    Hunton & Williams LLP acted on behalf of the owners to secure the mortgage and mezzanine loans through Brookfield Real Estate Financial Partners.

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  • Wendy Forsythe to Join HomeSmart as COO

    The real estate veteran used to serve as president of the brokerage division of T3 Sixty, one of the largest management consulting companies in the residential real estate industry.

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    The recently completed property provides a wide array of amenities, including a swimming pool surrounded by sun decks and cabanas.

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