Financing secured for Massachusetts multihousing development
JLL Capital Markets announced that it has arranged the construction financing for Center & Stone, a 201-unit, two-building multihousing project with 9,500 square feet of retail space and 10,500 net square feet of amenity...
$31.9M sale of newly constructed multihousing community in New Jersey closes
JLL Capital Markets announced that it has closed the $31.9 million sale of Solaris Lofts, a 72-unit, newly constructed, boutique multihousing community located within the Bergen-Lafayette neighborhood in Jersey City, New Jersey. JLL marketed the...
Gebroe-Hammer Associates arranges sale of Ridgewood Commons Apartments in South Orange, New Jersey
For the fourth time since 1999, Gebroe-Hammer Associates has arranged the sale of Ridgewood Commons in South Orange, N.J., a 66-unit five-story multifamily asset located at 10 N. Ridgewood Road in the township. The...
Institutional Property Advisors closes multifamily asset sale in New York’s Capital District
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Country Gardens Apartments, a 168-unit multifamily asset in Troy, New York. “Owned by the same family since its construction in 1985,...
CBRE arranges sale of 156-unit direct entry community in Marlborough, Mass for $59.2 million
CBRE announced that it has arranged the $59.2 million sale of The Orchards Apartments, a 156-unit direct entry garden style apartment community located at 3 Farmhouse Lane in Marlborough, Massachusetts. CBRE Capital Markets’ multihousing experts...
CBRE arranges sale of 102-unit community in Westwood, MA for $35.25 million
CBRE announced that it has arranged the $35.25 million sale of Residences at Highland Glen, a 102-unit age restricted, garden-style apartment community located at 4100 Highland Glen Road in Westwood, Massachusetts. CBRE Capital Markets’ multihousing...
$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...
CBRE arranges sale of 179-unit apartment community in Middletown, RI for $37 million
CBRE announced that it has arranged the $37 million sale of Northgate Apartments, a 179-unit garden style apartment community located at 3 Admiralty Drive in Middletown, Rhode Island. CBRE Capital Markets’ multihousing experts Simon Butler,...
The Dermot Company purchases The Addison in Downtown Brooklyn
JLL Capital Markets has closed the sale of The Addison, a two-building, 271-unit luxury apartment rental property with three ground-floor retail spaces located at 225 Schermerhorn Street in Downtown Brooklyn, New York. JLL marketed the...
RXR secures $105 million from Rialto Capital Management to refinance Westchester apartment building
JLL Capital Markets announced that it has arranged $105 million in refinancing for RXR Realty’s 360 Huguenot, a 280-unit high-rise apartment building with ground-floor retail in downtown New Rochelle. JLL worked on behalf of RXR...
PCCP, LLC provides $22.7 million preferred equity position for the development of a 201-unit...
PCCP, LLC has provided a $22.7 million preferred equity position to Breslin Realty Group and Fields Grade Development for the ground-up development of The Langdon Apartments, a Class A, mid-rise, 201-unit, transit-oriented development located...
Avanath Capital Management acquires 100th asset: A mixed-use rent-stabilized portfolio in Brooklyn, New York,...
Avanath Capital Management, LLC, a private real estate investment manager and Registered Investment Adviser, has acquired its 100th asset: a mixed-use portfolio containing two multifamily properties with ground-floor retail space in Brooklyn, New York,...
MassHousing closes on $21.4 million in refinancing and extension of affordability for Wilkins Glen...
MassHousing has closed on $21.4 million in affordable housing financing to Beacon Communities LLC for the refinancing and extension of affordability at the 103-unit Wilkins Glen in Medfield. As part of the transaction, Beacon Communities...
Gebroe-Hammer’s Jarvis arranges multi-tranche $80+ million multifamily portfolio sale in Newark, New Jersey
In Newark’s North Ward, Gebroe-Hammer Associates Executive Vice President David Jarvis has finalized a multi-tranche $80+M multifamily portfolio sale totaling 484 units across the Gateway City. A 26-year Newark/North Jersey market specialist, Jarvis exclusively...
Two-building mixed-use portfolio in New York’s East Midtown fetches $41.5 million
JLL Capital Markets has announced the $41.5 million sale of 959-961 Second Ave. and 246 East 46th St., a 105-unit, two-building portfolio in the East Midtown neighborhood of New York City. JLL arranged the sale...
