Boston Financial Closes $170M National Multi-Investor Fund
Boston Financial, the largest syndicator of U.S. Low-Income Housing Tax Credits (“LIHTC”) with a portfolio of over $16 billion in assets under management, today announced the closing of Boston Financial Institutional Tax Credits 60...
One William launches in downtown Englewood with new luxury rental residences and modern amenities
Downtown Englewood, known for its burgeoning cultural, shopping and entertainment offerings and prime access to New York City, is getting a major residential upgrade with today’s launch of One William, a new luxury rental...
FCP acquires Largo, Maryland apartment community for $71.9 million
FCP with partners Insight Property Group and AHC announce the acquisition of Camden Largo Town Center apartments in Largo, MD for $71.9 million. The 245-unit community at 9701 Summit Circle will be rebranded Haven Largo.
“FCP...
Kisco Senior Living Debuts in Boston with Signature Retirement Community Newbury of Brookline
Kisco Senior Living proudly introduces its premier lifestyle brand, Kisco Signature, to the Boston area with The Newbury of Brookline. Part of Kisco's upscale portfolio, the community development is situated on the historic Newbury...
JLL arranges $233 million in construction financing for 569-unit Brooklyn rental development
JLL Capital Markets announced that it has secured $233 million in construction financing for the ground-up development of 54 Crown, a 569-unit multihousing development located at 54 Crown St., in Crown Heights, Brooklyn.
JLL worked...
Meridian Capital Group arranges $27.5 million in financing for The Cobalt Apartments, a multifamily...
Meridian Capital Group, America’s most active dealmaker, arranged $27.5 million in financing to refinance The Cobalt, a multifamily property in Somerville, NJ on behalf of Weiss Properties based in New Brunswick, NJ.
The 12-year loan...
CBRE Multifamily Group sells Devonshire Place for $19,750,000
The CBRE Capital Markets team today announced the sale of Devonshire Place located at 50 Holy Family Road in Holyoke, Massachusetts, for $19,750,000.
CBRE multi-housing experts Simon Butler and Biria St. John exclusively represented the...
High Street Residential completes Matson Mill residential development outside Philadelphia
High Street Residential, the residential subsidiary of Trammell Crow Company, along with its partner, MetLife Investment Management, announced the completion of Matson Mill, a 280-unit apartment community outside of Philadelphia. The five-story property is...
$87.1 million financing arranged for New Jersey multihousing community
JLL Capital Markets announced that it has arranged the $87.1 million financing of Valley and Bloom, a two-building, 258-unit, mixed-use multihousing community in Montclair, New Jersey. In addition to the residential units, the property...
Meridian Capital Group arranges $92 million in financing for a multifamily portfolio in Newark,...
Meridian Capital Group, America’s most active dealmaker, arranged $92 million in financing to refinance a multifamily portfolio consisting of four properties in Newark, Dover, and Wilmington, DE.
The three 10-year Freddie Mac loans, provided by...
Taking work home
In April, local developer Millcraft Industries of Washington, Pa., will begin renting units in a 16-story former state office building that is undergoing a $45 million conversion.
When completed in September, the 218 apartments in...
Ecore Speed & Agility Turf transforms indoor athletics spaces into versatile training facilities
Ecore, a company that transforms reclaimed materials into unique performance surfacing, offers its Speed & Agility Turf, a flooring surface designed to enhance athletic training and performance through advanced ergonomic design and durability. Speed...
Toll Brothers Apartment Living and PGIM Announce Grand Opening of the New Luxury Apartment...
Toll Brothers Apartment Living, the rental subsidiary of Toll Brothers, Inc., the nation's leading builder of luxury homes, along with joint venture partner PGIM, announced the grand opening of The Laurent, a new seven-story,...
The Donaldson Group takes over management of 625 apartments in Richmond and Norfolk, VA
The Donaldson Group (TDG) of Rockville, MD has continued to expand southward beyond its base in the Washington, DC metro area, adding 625 units to its current 11,000-unit multifamily management portfolio. The company has...
CBRE Multifamily Group sells Appleton Square for $29.3 million
The CBRE Capital Markets team announced the sale of Appleton Square located at 171-176 East Street in Methuen, Massachusetts, for $29,300,000.
CBRE multihousing experts Simon Butler and Biria St. John exclusively represented the seller, Appleton...