Avery Hall’s One Boerum Place recapitalized for $176.45 million
JLL Capital Markets announced that it has arranged senior and mezzanine financing in the amount of $176.45 million for the recapitalization of One Boerum Place, a 138-unit multihousing property with ground-floor retail in Downtown...
Gebroe-Hammer Associates’ Niko Nicolaou arranges $21.45 million Jersey City multifamily portfolio sale
In New Jersey’s second largest municipality of Jersey City, Gebroe-Hammer Associates’ Executive Vice President Niko Nicolaou has arranged the $21.45M sale of a 134-unit multifamily portfolio spanning three of the city’s 13 constituent neighborhoods....
MassHousing commits $3.8 million in financing for new affordable and workforce housing on Martha’s...
MassHousing has committed $3.8 million in affordable and workforce housing financing to the non-profit Island Housing Trust (IHT) for the development of Kuehn’s Way in West Tisbury, a 20-unit rental community for lower- and...
GAIA Real Estate secures acquisition financing for East Village housing portfolio
JLL Capital Markets announced it has arranged $36 million in financing for the acquisition of three rental residential properties with a total of 71 units at 50-58 East Third St. in Manhattan’s East Village...
FCP expands Atlanta footprint with $116 million investment in three apartment acquisitions totaling 808...
FCP has announced its acquisition of three Atlanta-area apartment communities within the past three weeks, marking the company’s fourth, fifth and sixth Atlanta apartment investments in 2021. The firm invested $116 million in Springdale Glen,...
$92.15 million sale of luxury multihousing community in Princeton Junction, NJ closes
JLL Capital Markets announced that it has closed the $92.15 million sale of Parc at Princeton Junction, a 232-unit, Class A, transit-oriented multihousing community with ground-floor retail space in Princeton, New Jersey.
JLL marketed the...
Institutional Property Advisors brokers $63 million newly constructed luxury apartment complex sale in Windsor...
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Preserve at Great Pond, a newly constructed, 230-unit luxury apartment complex in Windsor, Connecticut. The property sold for $63 million.
“The...
Trez Capital hires Ilir “Eli” Necaj as Vice President for New York Office
Trez Capital is pleased to announce that Ilir “Eli” Necaj has joined the company as vice president of origination and capital markets as part of the newly formed Real Estate Bridge Financing team. Necaj,...
$43 million refinancing arranged for BELA in Jersey City
JLL Capital Markets announced that it has arranged a $43 million bridge loan for BELA, a newly constructed, 104-unit, luxury multihousing community in the growing Bergen-Lafayette neighborhood of Jersey City, New Jersey.
JLL represented the...
FCP provides preferred equity to Fairfield Properties for acquisition of multifamily community in Glen...
FCP announces that it recently closed on a preferred equity investment to facilitate Fairfield Properties’ acquisition of a residential community currently known as Avalon Glen Cove located in the village of Glen Cove, New York....
$56 million construction financing secured for Manhattan multihousing property
JLL Capital Markets announced it has secured $56 million in construction financing for the development of 202 E. 23rd St., a mixed-use, passive house designed, multihousing property consisting of 108 units, located on the...
Foulger-Pratt to develop 343-unit apartment community in Bethesda, Maryland
Foulger-Pratt based in Potomac, Md. will develop The Rae at Westlake at 10401 Motor City Drive adjacent to Westfield Montgomery Mall in Bethesda, Md. The five-story, 343-unit building will include 299 market-rate and 44...
MassHousing closes approximately $19 million in financing for the second phase of the transformative...
MassHousing has closed on approximately $19 million in affordable and workforce housing financing to Trinity Financial, Inc., which is developing the 111-unit Phase Two of the Enterprise Center in Downtown Brockton for residents with...
Universe Holdings makes first East Coast acquisition with $60 million purchase in Toms River,...
Universe Holdings has made its first investment on the East Coast with the acquisition of Mariners Cove, a 226-unit townhome community in Toms River, New Jersey for $60 million.
The acquisition coincides with the opening...
Mixed-use property in West Hartford sells for $40.5 million
JLL Capital Markets announced that it has closed the $40.5 million sale of Blue Back Square, a dynamic 445,661-square-foot mixed-use property with ground floor retail, best-in-class office and medical office space, along with 48...
