Griffith Pepdjonovic Group of Marcus & Millichap Brokers $5.3M Sale of Multifamily Property on...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a 20-unit multifamily property in Dorchester, Massachusetts, for $5,296,345 located at...
MassHousing is Providing $19.2M in Financing for 62 New Affordable and Workforce Rental Homes...
MassHousing is providing $19.2 million in affordable and workforce housing financing to Pennrose, LLC for the redevelopment of Cape Cod Five Bank’s former operations center in Orleans into 62 new affordable workforce rental homes...
MassHousing Has Closed on $5.8M in Affordable Housing Financing for the Redevelopment of the...
MassHousing has closed on $5.8 million in financing to Rees-Larkin Development, LLC, and Berkshire Housing Development Corporation, for the first phase of the redevelopment of the former Eagle Mill property in Lee, which will...
JLL Capital Markets Brokers Partial Sale of Luxury High Rise Tower The Sudbury in...
JLL Capital Markets announced that it has brokered the closing of the partial sale of The Sudbury, a LEED Gold, 36-story, multi-housing community located in the heart of Bulfinch Crossing in Boston, Massachusetts on...
CertainTeed® Siding Boasts a Bold, Modern Look with Four New Colors
By popular demand, CertainTeed introduces four rich, bold shades – Midnight Blue, Slate, Espresso and Castle Stone – to provide even more mix-and-match color options to many of the popular vinyl siding profiles, including Monogram®, Restoration...
JAG Expands Greater Boston Footprint with Delivery of J Woburn Heights in Massachusetts
J Woburn Heights—the newest premier apartment community by leading East Coast multifamily developer and operator Jefferson Apartment Group (JAG)—has delivered in Woburn, Massachusetts and welcomed their first residents. The project is a joint venture
with...
Excelsa Properties acquires $105.5 million multifamily community in Laurel, Maryland
Excelsa Properties announced that it has acquired Concord Park at Russett, a 335-unit multifamily property located at 7903 Orion Circle in Laurel, Maryland. The $105.5 million acquisition represents the fourth multifamily property acquisition of...
Institutional Property Advisors Closes Multifamily Asset Sale Manor House in Suburban Hartford Connecticut
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Manor House, a two-story, 125-unit multifamily property in Bloomfield, Connecticut.
“Vintage assets with accretive in-place assumable financing and value-add potential like...
WinnDevelopment Begins Construction on $55M Redevelopment of Historic Mill Complex in Western Massachusetts
Holyoke city officials and legislative leaders joined WinnDevelopment executives and Massachusetts housing lenders to break ground on a $55.3 million adaptive reuse transformation of a long-vacant, historic mill complex that will be transformed into...
JLL Arranged the Sale and $27M in Financing for the 69-Unit Edge Lofts in...
JLL Capital Markets announced that it has closed the sale and secured the $27 million financing for Edge Lofts, a two-building, luxury multi-housing community located in Hoboken, New Jersey.
JLL represented the seller, Bijou Properties...
Lincoln Avenue Communities Breaks Ground on Affordable Housing Development Residences at Chestnut in Manchester...
Lincoln Avenue Communities (LAC), a mission-driven acquirer and developer of affordable housing, broke ground on the future site of The Residences at Chestnut, an affordable housing development in Manchester, during a ceremony with community...
Lt. Gov. Kimberley Driscoll Visits Site and Announces Funding for Walnut Street Senior Affordable...
Lt. Governor Kim Driscoll and Executive Office of Housing and Livable Communities Secretary Ed Augustus were among the state and local officials at a December 14th funding announcement held at the site of an...
New York City multifamily sales fell in 2023
In 2023, the multifamily sector in New York City experienced a notable downturn, with total dollar volume of $7.4 billion spread across 1,036 transactions, a year-over-year drop of 52% and 35%, respectively, according to...
Old school, new life
An abandoned school—and neighborhood eyesore—in Pennsylvania has been renovated and rehabbed into a viable piece of real estate once again.
It has happened thanks to a trio of business partners and now friends in Homestead,...
CBRE Arranges $74 Million Sale of 225-Unit Multifamily Community Talia Apartments in Marlborough
CBRE announced the completion of the $74 million sale of Talia Apartments, a 225-unit luxury apartment community located in Marlborough, Massachusetts within the dynamic MetroWest employment market. This residential community was acquired by a...