$28.5 million in financing secured for New Jersey multihousing community
JLL Capital Markets announced that it has arranged $28.5 million in permanent financing for The Ashton, a 93-unit, six-story, Class A apartment community in Jersey City, New Jersey. JLL worked on behalf of the borrower,...
$28.48 million loan secured for Northern New Jersey multihousing community development
JLL Capital Markets announced that it has arranged $28.48 million in construction financing for 175 Morris St., an 85-unit apartment community located in Morristown, New Jersey. JLL represented the borrower, The Hampshire Companies, to secure...
KABR Group purchases luxury Connecticut communities for $41.3 million
JLL Capital Markets, on behalf of KABR Group, announced the purchase of 750 Summer St. and 163 Franklin St., two boutique, mid-rise, luxury multihousing communities in Stamford, Connecticut, totaling 116 units for $41.3 million....
Champion Real Estate Company acquires Campus Hill Apartments near Syracuse University for $65 million
Champion Real Estate Company (Champion), announced that it has acquired Campus Hill Apartments, a 267-unit, 715-bed student housing community with a central leasing office located at 1201 Harrison Street in Syracuse, New York for...
CBRE arranges sale of 448-unit community to The DSF Group in Manchester, NH for...
CBRE announced that it has arranged the $121.5 million sale of Countryside Village, a 448-unit garden style apartment community, located at 60 Village Circle Way in Manchester, New Hampshire. CBRE Capital Markets’ multi-housing experts Simon...
$105M refinancing secured for a Jersey City multihousing community
JLL Capital Markets announced that it has arranged $105 million in refinancing for Rivet and Rivet 26, a two-building, 362-unit, luxury multihousing community located in Jersey City’s West Side neighborhood. JLL worked on behalf of...
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...
