Tuesday, April 16, 2024

New England region

New England region includes: Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont.

The Fairmount at McGinley Square

Gebroe-Hammer’s Niko Nicolaou arranges $23.75 million sale of the Fairmount at McGinley Square in...

In one of Jersey City’s most popular budding multifamily investment submarkets, Gebroe-Hammer Associates has arranged the $23.75M sale of The Fairmount at McGinley Square, featuring 58 newly constructed Class A apartment homes atop 3,200...
101 Daniel Low Terrace

GFI Realty trades Staten Island 112-unit six-story elevator asset for $11.9 million

GFI Realty Services, LLC announced the $11.9-million sale of 100 Belmont Place & 101 Daniel Low Terrace, two six-story elevator apartment buildings occupying a single lot, in the St. George section of Staten Island. The asset...

New Jersey property gets construction financing for redevelopment

JLL Capital Markets announced it has arranged construction financing for Iron Ore Properties for the development of a 25,000-square-foot mixed-use building with 11 luxury apartments at 104 Baker Street in downtown Maplewood, New Jersey. JLL...

Fairstead appoints Gladys Chen as chief people officer

Fairstead, a fully-integrated real estate firm committed to affordable housing, announced the appointment of Gladys Chen as its first Chief People Officer (CPO). As Fairstead’s new CPO, Chen will provide strategic and operational Human Resources...
475 Avenel Ave

Gebroe-Hammer Associates reports $458.79 million in multifamily sales at midyear 2020

A strong Q1 for Gebroe-Hammer Associates and an agile approach to finalizing multifamily sales transactions during COVID-19’s Q2 have yielded an impressive total of 33 deals sold for $458,791,000 and 3,009 units at the...
Village of Canterbury

Meridian Capital Group arranges $92 million in financing for a multifamily portfolio in Newark,...

Meridian Capital Group, America’s most active dealmaker, arranged $92 million in financing to refinance a multifamily portfolio consisting of four properties in Newark, Dover, and Wilmington, DE. The three 10-year Freddie Mac loans, provided by...
Pynchon Terrace and Edgewater Apartments

CBRE sells Pynchon Terrace and Edgewater Apartments for $76 million

CBRE announced the sale of Pynchon Terrace and Edgewater Apartments located at 101 Lowell Street in Springfield, Massachusetts, for $76,000,000. CBRE Capital Markets’ multihousing experts Simon Butler, Biria St. John and John McLaughlin and the...
Casselman House Newton

Affordability extended  for  lower-income  senior citizens at Newton Housing Community as a result of...

MassHousing  has provided $8.1  million in  affordable housing financing to  the non-profit Newton Community Development Foundation (NCDF), to  preserve an d extend the affordability  for lower-income senior citizens for at least 20 years at the 43-unit Casselman House in Newton.  “We were pleased to work...
Bedford Towers, New Bedford

Affordability extended for lower-income households at new Bedford housing community as a result of...

MassHousing  has provided $19.9  million in  affordable housing financing to  Kempton New Bedford Limited Partnership to  preserve and  extend the affordability  for lower-income households for at least 20 years at the 157-unit Bedford Towers in New Bedford. “Bedford Towers has been a longstanding...
Hamilton House

Gebroe-Hammer Associates records $25.35 million sale of 99 multifamily units at Hamilton House in...

Gebroe-Hammer Associates has finalized yet another pandemic-era multifamily transaction with the $25.35M sale of Hamilton House in Weehawken, a 99-unit prominent fixture within the township’s highly desirable Town Center/Downtown District. The brokerage team of...
Hamilton Canal District Parcels 8 and 9, Lowell

MassHousing closes on $25.2 million in financing for new, mixed-income and workforce housing community...

MassHousing has closed on a total of $25.2 million in affordable housing financing to WinnCompanies for the development of 125 new rental homes in downtown Lowell. The MassHousing financing will allow WinnCompanies to advance the redevelopment of Lowell’s Hamilton Canal Innovation District, while creating new housing for households...
Print House by Vermella

JLL arranges $48.75 million loan for New Jersey apartment development

JLL Capital Markets announced that it has arranged $48.75 million in financing for the development of Print House by Vermella, a 271-unit, best-in-class apartment building in Hackensack, Bergen County, New Jersey. JLL worked on behalf...
Georgetown Townhomes

Gebroe-Hammer Associates arranges $25.5+ million sale of Class A multifamily portfolio concentrated in Woodbridge...

Gebroe-Hammer Associates has arranged the $25.5+M sale of a Class A multifamily portfolio involving 87 luxury apartment-home and townhome rental units, the majority of which are concentrated in Woodbridge Township’s Avenel and Colonia neigborhoods....
Cote Village, Mattapan

MassHousing closes on $22.6 million in financing to create a new, 76-unit affordable housing...

MassHousing has closed on a total of $22.6 million in affordable housing financing to the Planning Office for Urban Affairs (POUA) and Caribbean Integration Community Development (CICD) for the construction of the 76-unit Cote Village housing community in Mattapan.   The Planning Office for Urban Affairs and CICD...
Riverside Towers

Jonathan Rose Companies and Schochet Partner acquire Riverside Towers

The Schochet Companies and Jonathan Rose Companies have acquired Riverside Towers in Medford, Mass., for $83.5 million in a joint venture. Financed through MassHousing, Riverside Towers is designated for occupancy by elderly and disabled residents....
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