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...
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...
Prism Capital Partners announces construction start at Wonder Lofts Project
The industrial-to-residential conversion of a former Wonder Bread factory on Clinton Street in Hoboken is moving forward, with interior demolition now underway, announced Prism Capital Partners. The Bloomfield, N.J.-based adaptive reuse specialist has partnered...
350-unit apartment asset sale in Stamford Connecticut brokered by Institutional Property Advisors
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Hoyt Bedford, a 350-unit apartment complex in Stamford, Connecticut.
“Hoyt Bedford is a 100 percent market-rate, legacy asset located on the edge...
Supreme Court urged to step in on NYC’s rent-control laws
The Supreme Court is considering a petition to hear a case that challenges New York City’s rent stabilization law as pressure builds from stakeholders who say the law infringes on the rights of property...
Progress for NYCHA
The growing plan to save NYC’s public housing is heating up.
In 2023, workers will finish renovations at thousands of public housing apartments in New York City.
That might sound like a lot—but it’s just a...
WinnDevelopment Begins Construction on $55M Redevelopment of Historic Mill Complex in Western Massachusetts
Holyoke city officials and legislative leaders joined WinnDevelopment executives and Massachusetts housing lenders to break ground on a $55.3 million adaptive reuse transformation of a long-vacant, historic mill complex that will be transformed into...
Ariel Property Advisors announces sale of adjacent Upper West Side multifamily buildings for $16.2...
Ariel Property Advisors has arranged the sale of two adjacent, six-story mixed-use buildings at 992-1000 Amsterdam Avenue on the Upper West Side near Columbia University for $16.2 million.
The acquisition was managed by an Ariel...
Habitat Receives PUD Approval for $400 Million Marine Drive Apartments in Buffalo New York
Chicago-based Habitat, a leading U.S. multifamily developer and property manager, announced its $400 million redevelopment of Marine Drive Apartments in Buffalo, New York, has received planned unit development (PUD) approval by the Buffalo Common...
Fewer parking space requirements, lower rents
New research suggests reductions in parking space requirements for apartment projects can lower development costs and rents and lessen environmental impacts.
Parking regulations are a central zoning component of apartment development in the U.S. But,...
Marcus & Millichap Brokers the $5 Million Sale of Greater Boston Apartments
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Beals Street Apartments, a nine-unit apartment property located at 10...
Griffith Pepdjonovic Group of Marcus & Millichap Facilitates $6.7 Million West Roxbury Sale
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a mixed-use portfolio in the West Roxbury neighborhood of Boston, Massachusetts....
JLL Arranged the Sale and $27M in Financing for the 69-Unit Edge Lofts in...
JLL Capital Markets announced that it has closed the sale and secured the $27 million financing for Edge Lofts, a two-building, luxury multi-housing community located in Hoboken, New Jersey.
JLL represented the seller, Bijou Properties...
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...
WinnCompanies Gets OK for 1st Phase of $2B Boston Mary Ellen McCormack Public Housing...
WinnCompanies and the Boston Housing Authority (BHA) announced that work will begin in 2024 on the $2 billion redevelopment of the Mary Ellen McCormack public housing complex under a two-phase master plan to build...
