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De Blasio unveiled his administration’s ambitious plan to build and preserve 200,000 units of affordable housing, one that he says will house half a million people at a cost of more than $41 billion...
Institutional Property Advisors Closes Multifamily Property Sale of Orange Gardens in West Haven Connecticut
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Orange Gardens, a 175-unit multifamily property in West Haven, Connecticut.
“This 100% market-rate apartment property has a history of strong occupancy...
Eastern Union Funding closes over one billion dollar first quarter
Eastern Union Funding, one of the nation’s leading commercial real estate mortgage companies, announced today that it closed over $1 billion of commercial real estate loans in the first quarter of 2018. The CRE...
I love this town Bon Jovi style
On Sept. 2, 2008, the lead singer and founding member of the eponymous rock band was back in Newark, shovel in hand, to turn first dirt on the Newark Genesis Apartments, 51 units of...
MassHousing closes on $13.2 million for the refinancing, renovation and extension of affordability of...
MassHousing has closed on $13.2 million in affordable housing financing to Roslindale Senior Housing Corporation, an affiliate of Rogerson Communities, for the refinancing, renovation and extension of affordability for at least 26 years for...
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...
Marcus & Millichap arranges the sale of The Horizon at Roslyn in Long Island...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of The Horizon at Roslyn, a 50-unit, 55-plus age-restricted luxury apartment building in Roslyn, New...
Gebroe-Hammer’s Niko Nicolaou orchestrates $9.75 million sale of two-property multifamily portfolio in Journal Square...
In the heart of Jersey City’s trendy and newest revitalized neighborhood—Journal Square—Gebroe-Hammer Associates’ Executive Vice President Niko Nicolaou has arranged the $9.75M sale of a two-property multifamily portfolio. Combined, 618-620 Summit Ave., and 88-94...
The push for rent control
In November 2018, election ballots in California might include a question on rent control. Right now, California law restricts the spread of rent regulations on housing built after 1995, in addition to many older...
Berkadia arranges $62 million stretch senior loan for acquisition of 568 bed student housing...
Berkadia announces it has secured a $62 million stretch senior loan for the acquisition of Nine East 33rd, a 157-unit/568-bed off-campus student housing property located right across the street from the main entrance of...
MassHousing closes on $1.8 million in affordable and workforce housing financing for the development...
MassHousing has closed on $1.8 million in affordable and workforce housing financing to the non-profit Home City Development, Inc., to transform the former Elias Brookings School in Springfield into 42 new apartments for households...
CBRE Arranges Sale of 195-Unit Halstead Malden Square Near Boston
Representatives of CBRE, led by Simon Butler, Biria St. John, John McLaughlin, and Brian Bowler announced the sale of Halstead Malden Square, a 195-unit, 100% market-rate apartment community in Malden, Massachusetts.
CBRE represented the seller,...
With lantern and with ladder
The Park Square rental complex at Arlington Street and Columbus Avenue in Bay Village has been carved out of a 1927 Renaissance Revival building.
Built for the Boston Consolidated Gas Co., it was part of...
Peabody Properties Continues Expansion of Portfolio with Union Block Apartments in Taunton Massachusetts
Peabody Properties, an affiliate of The Peabody Companies, a group of award-winning property management and real estate firms now celebrating its 48th anniversary, is excited to announce the addition of Union Block Apartments, developed...
CBRE sells Waltham multifamily complex for $73 million
CBRE announced the $73.575 million sale of Waltham Overlook, a 207-unit 100 percent market-rate apartment community in Waltham, MA.
CBRE Capital Markets’ multi-housing experts Simon Butler and Biria St. John exclusively represented the seller an affiliate...
