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...
McKinley Park Apartments to be Transformed into Affordable Housing for Seniors
The transformation of Canton’s McKinley Park Apartments into an affordable housing community moved another step closer to reality in December, after The Ohio Department of Development awarded the redevelopment $2 million in state historic...
Multihousing community in Northeastern New Jersey refinanced for $35.9 million
JLL Capital Markets announced that it has arranged a $35.9 million refinancing for Hudson Square North, a 150-unit, transit-oriented, high-rise multihousing community with 2,739 square feet of retail space in Hoboken, New Jersey. JLL worked...
CBRE arranges sale of apartment community in South Portland, Maine
CBRE announced that it has arranged the sale of Redbank Village and Liberty Commons, a 620-unit townhouse and garden-style apartment community located at 62 MacArthur Circle East in South Portland, Maine, for an undisclosed...
Mid-rise apartment buildings sell for $116.2 million in Williamsburg, Brooklyn
JLL Capital Markets announced that it has closed the $116.2 million sale of 247N7, a 169-unit, 151,766-square-foot, two-building multihousing property located at 247 N. 7th St. in the Williamsburg neighborhood of Brooklyn. JLL marketed the...
WPC acquires three College Park, Maryland apartment communities for $14 million
Washington Property Company (WPC) has acquired an 81-unit portfolio comprising three low-rise apartment communities near the University of Maryland-College Park (UMCP) for $14 million. The seller, JE Smith Corporation, was represented by CBRE’s Bill Roohan,...
Avison Young brokers $69.2 million sale of 10 Light, an iconic 36-story luxury apartment...
Avison Young announced it has brokered the $69.2 million sale of 10 Light, an iconic 36-story high-rise asset that includes 419 luxury apartment homes and 41,785 square-feet of ground floor retail space in downtown...
