Comptroller DiNapoli, Mayor Palmieri, Doyle Hardware Building LLC, CPC & Empire State Development celebrate...
The Community Preservation Corporation (CPC) joined New York State Comptroller Thomas P. DiNapoli, Senior Advisor to Governor Cuomo for Upstate Economic Development John Maggiore, Utica Mayor Robert Palmieri, the development partners of Doyle Hardware...
Spirit Bascom Ventures acquires Hoboken, NJ multifamily property for $17.65 million
Spirit Bascom Ventures, LLC, a partnership between Irvine, California based The Bascom Group, LLC, and Stamford, Connecticut based Spirit Investment Partners, LLC acquired 1024 Clinton Street in Hoboken, New Jersey for $17.65 million. Spirit...
NY Dem candidate is on a “rent strike”
In New York City’s well-heeled 12th Congressional District, a housing activist named Pete Harrison is running in the Democratic primary to unseat incumbent Congresswoman Carolyn Maloney. But that’s not the only campaign he’s waging....
JLL arranges $387.5 million sale of New York City multihousing community
JLL’s Capital Markets group announced that it has closed the sale of a $387.5 million multihousing community comprised of 408 market-rate units and 9,693 square feet of commercial space located at 685 1st Ave. in...
CBRE arranges sale of Washington Crossing multifamily community in Woburn, Massachusetts
CBRE announced that it has arranged the sale of the leasehold interest of Washington Crossing, a Class A multifamily community located at 55 Cedar Street in Woburn, MA.
CBRE Capital Markets’ multi-housing experts Simon Butler,...
Walters clears site for Cornerstone At Grassy Hollow
Walters has begun site work on a new 60-unit income-restricted apartment and townhome community to be named Cornerstone At Grassy Hollow. The first residential building is slated for completion by year-end 2019.
Located at 200...
Newly developed luxury apartment community trades for $53 million
JLL Capital Markets announced that it has completed the $53 million sale of BELA, a newly developed, 104-unit, luxury apartment community located within a qualified opportunity zone in Jersey City’s rapidly expanding Bergen-Lafayette neighborhood.
JLL...
Largest market-rate apartment complex in West Hartford sold by IPA for $20.85 million
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Westwood Apartments, a six-building, 200-unit multifamily asset in West Hartford, Connecticut. The property, which is the largest market-rate multifamily property...
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...
Wind at our back
The new tax system, which was reformed for the first time in 32 years in December, strips away some of the long-standing benefits that would incentivize Americans to become homeowners.
“This is definitely a tailwind...
PCCP, LLC provides $22.7 million preferred equity position for the development of a 201-unit...
PCCP, LLC has provided a $22.7 million preferred equity position to Breslin Realty Group and Fields Grade Development for the ground-up development of The Langdon Apartments, a Class A, mid-rise, 201-unit, transit-oriented development located...
Paredim Partners purchases Cambridge Oxford Apartments steps from Yale University
Paredim Partners LLC (Paredim) a premier owner operator of multifamily properties in the Northeastern United States, is pleased to announce the acquisition of Cambridge Oxford Apartments, a boutique apartment complex located in the heart...
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...
Habitat for Humanity New York City, Almat Group break ground on largest Habitat for...
Habitat for Humanity New York City in conjunction with Almat Group will be breaking ground on Sydney House, a 56-unit affordable co-op building in the Williamsbridge section of the Bronx. Sydney House is a...
Latch announces major partnership with Niido powered by Airbnb
Niido powered by Airbnb, a residential community that supports and encourages home sharing, today announced its partnership with Latch, the first smart access system built for multifamily buildings, to create a sophisticated and seamless...
