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...
KABR Group purchases 19 East luxury apartments in Bayonne, NJ, for $49.6 million
JLL Capital Markets, on behalf of KABR Group, announced the $49.6 million sale of 19 East, a 138-unit, mid-rise, luxury apartment community in Bayonne, New Jersey. JLL represented the joint venture seller, Ingerman Group and...
Avison Young arranges $210 million refinancing for Rockrose of 396-unit Long Island City luxury...
Avison Young announced that its Tri-State Debt & Equity Finance Group has arranged a $210 million refinancing of 47-05 Center Boulevard in Long Island City on behalf of the owner, an affiliate of Rockrose....
Sale of multihousing community in Connecticut closes
JLL Capital Markets announced that it has closed the sale of Vela on the Park, a 209-unit, luxury, high-rise apartment community in downtown Stamford, Connecticut. JLL represented the seller, a partnership between an affiliate of Trinity...
West Shore promotes Kristi Sinnott to Vice President of Property Management
West Shore, a multifamily real estate investment firm with a specific focus on the acquisition and management of multifamily assets, has promoted Kristi Sinnott to Vice President of Property Management. In her new role, Sinnott...
JLL arranges $260 million in refinancing for East Market mixed-use development
JLL’s Capital Markets group announced that it has secured a $260 million loan for East Market, a mixed-use project with residential units, retail, office and parking in the Market East neighborhood of Philadelphia, Pennsylvania. JLL...
CBRE arranges sale of 244-unit multifamily community in Boxborough, Massachusetts
CBRE announced that it has arranged the sale of Paddock Estates, a 244-unit, Class A garden-style apartment community located at 1 Paddock Lane in Boxborough, Massachusetts. CBRE Capital Markets’ multihousing experts Simon Butler, Biria St....
Avison Young brokers $15 million sale of mixed-use residential building in Rego Park
Avison Young’s New York office announced that its Tri-State Investment Sales Group has arranged the sale of 92-40 Queens Boulevard, a mixed-used residential building also known as “The Calmar” in Rego Park, Queens, for...
N.Y. Gov touts pro-housing proposals
In a welcome departure from her predecessor’s indifference to the housing crisis in the New York City metropolitan area, New York governor Kathy Hochul included pro-housing development proposals in her 2022 State of the...
$23.2 million in refinancing secured for a multihousing community near Albany
JLL Capital Markets announced that it has arranged a $23.2 million refinancing for Elm Estates, a 197-unit multihousing community located near Albany in Selkirk, New York. JLL worked on behalf of the borrower, Tower Management...
CBRE arranges sale of 304-unit multifamily community in Milford, MA for $87 million to...
CBRE announced that it has arranged the $87 million sale of Rolling Green Apartments, a 304-unit garden style apartment community, located at 1 Rolling Green Drive in Milford, Massachusetts. CBRE Capital Markets’ multihousing experts Simon...
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...
Gebroe-Hammer’s Debbie Pomerantz orchestrates $22.75 million sale of 118-unit Paterson, NJ hi-rise
In Paterson, which continues to evolve from its industrial roots into a dynamic urban-core municipality, Gebroe-Hammer Associates Senior Vice President Debbie Pomerantz has arranged the $22.75M sale of a 118-unit multifamily hi-rise in the...
$80 million in refinancing secured for pre-stabilized multihousing property
JLL Capital Markets announced that it has arranged $80 million in pre-stabilized permanent financing for Vermella at Garwood Station, a newly built, 296-unit, transit-oriented, luxury apartment building located in Garwood, New Jersey. JLL worked on...
Parkview Financial provides $66 million construction loan for the development of a 131-unit apartment...
Parkview Financial announced it has provided a $66 million construction loan to 57 Caton Place, LLC for the development of a nine-story 131-unit apartment project located at 57 Caton Place in Brooklyn, NY. With...
