Thursday, January 9, 2025

New England region

New England region includes: Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont.

Canton Estates Apartments

Standard Communities acquires Canton Estates Apartments in Massachusetts

Standard Communities, a major national affordable housing investor and developer, has acquired Canton Estates Apartments, a naturally occurring affordable housing family community in Canton, MA. The total capitalization of the transaction is approximately $18...
Middletown Ridge

Institutional Property Advisors closes 518-unit Central Connecticut multifamily portfolio sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of a two-property, 518-unit multifamily portfolio in Middletown, Connecticut. “Located between Hartford and New Haven, Middletown draws residents from employment centers in...
711-735 N. Front St

$77.5 million financing secured for Philadelphia multihousing development

JLL Capital Markets announced that it has arranged $77.5 million in construction financing for a 279-unit, seven-story, luxury multihousing development with 8,449 square feet of ground-floor retail, located in the Northern Liberties neighborhood of...

CBRE arranges $7.8 million sale of 204-unit development site in Farmington, Connecticut

Representatives of CBRE, led by Jeff Dunne, Simon Butler, Biria St. John, Eric Apfel, Stuart MacKenzie, John McLaughlin, and Brian Bowler announced the $7.8 million sale of a 204-unit multifamily development site in Farmington,...
Leigh Poulton

JLL Capital Markets welcomes Leigh Poulton to its multihousing investment sales and advisory team

JLL Capital Markets announced that it has welcomed Director Leigh Poulton to its multihousing investment sales and advisory team. Poulton sits in the Pittsburgh office and reports to Senior Managing Directors Mark Popovich and Nick Matt,...
Michael Adamo

TCC/HSR hires SVP for multifamily development in New York metro market

The Northeast Metro office of Trammell Crow Company (TCC), a global commercial real estate developer, and its residential subsidiary, High Street Residential (HSR), have hired Michael Adamo as Senior Vice President. In his new...
17 Summit Street

$11.9 million sale of two historic multifamily properties in prime East Orange location

Gebroe-Hammer Associates’ Executive Managing Director and East Orange market specialist David Oropeza has brokered the $11.9 million sale of 17 Summit Street and 60 North Arlington Avenue Apartments, two historic East Orange residential properties...
7 DeKalb

Avanath Capital Management acquires high-rise apartment community in Brooklyn for $101.25 million

Avanath Capital Management, LLC (Avanath), a private real estate investment management firm, announces the acquisition of 7 DeKalb, a 251-unit multifamily property located in the Brooklyn borough of New York City, New York for...
992-1000 Amsterdam Avenue

Ariel Property Advisors announces sale of adjacent Upper West Side multifamily buildings for $16.2...

Ariel Property Advisors has arranged the sale of two adjacent, six-story mixed-use buildings at 992-1000 Amsterdam Avenue on the Upper West Side near Columbia University for $16.2 million. The acquisition was managed by an Ariel...
Canterly Place

JLL arranges JV equity and debt for $135 million best-in-class New Jersey multihousing development

JLL Capital Markets announced that it has arranged the $88.6 million construction financing and the $38 million equity placement for Canterly Place, a 300-unit, to-be-built, Class A apartment building located in Livingston, Essex County,...
397 Millburn Ave

$20 million financing secured for construction of luxury apartment community in New Jersey

JLL Capital Markets announced that it has closed the $20 million construction financing for 397 Millburn Ave., a 53-unit, three-story, luxury apartment development in Millburn, New Jersey. JLL worked on behalf of the borrower, Eagle...
298 Mulberry St

Broad Street Development and a real estate fund advised by Crow Holdings Capital partnership...

JLL Capital Markets announced the $114.9 million sale of 298 Mulberry St., a 96-unit, market-rate, mixed-use rental apartment property on the corner of East Houston and Mulberry Streets in the Noho neighborhood of Manhattan. JLL...
309 East 164th Street

Ariel Property Advisors arranges $33.6 million sale of six-building multifamily portfolio in The South...

Ariel Property Advisors (Ariel) arranged the $33,600,000 sale of a portfolio comprised of six multifamily elevator buildings located at 111-119 Tudor Place, 1170-1176 Walton Avenue and 309 East 164th Street in the Concourse and...
The Nathaniel

JLL arranges $27 million in acquisition financing for grocery-anchored multihousing property in prime Manhattan...

JLL Capital Markets announced that it has arranged $26.85 million of acquisition financing for The Nathaniel, a grocery-anchored, 85-unit apartment building located at 138 East 12th St. in the East Village neighborhood of Manhattan. JLL...
Rahway Plaza Apartments

New Jersey multihousing community secures $11 million financing

JLL Capital Markets announced that it has arranged $11 million in permanent financing for Rahway Plaza Apartments, a two-building, 288-unit high-rise apartment community located in downtown Rahway, New Jersey. JLL represented the borrower, Denholtz Properties,...
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