The RMR Group

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    The existing 16-story tower will be revamped and a new five-story building will be added. Upon completion, the property will have more than 500 apartments for seniors.

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  • Market Pulse for May 2018

    The months’ supply of homes increased to 3.7 months in February, from 3.0 months in January. Median prices on condos and co-ops nationwide rose by 5.7 percent over the past year to $227,300 in February.

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  • Millbrook Realty Capital Adds New Managing Director

    Uanderson Benedetti will handle the origination of short-term bridge loans on multifamily properties, mixed-use buildings, condominiums and hotels, focusing on growing the company’s lending platform.

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  • Market Pulse for April 2018

    The price of inputs to construction industries rose by 4.3 percent on a not seasonally adjusted basis over the past 12 months ending in January 2018.

    20 March 2018 19:36
  • Metropolitan America Sells NJ Asset for $22M

    Marcus & Millichap represented the seller and its Capital Corp. division arranged $19.8 million in acquisition financing for the 206-unit Robert Towers in East Orange.

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