JLL selected by BRP Companies to arrange joint venture equity for $286 million Archer...
JLL Capital Markets was selected by BRP Companies to arrange joint venture equity financing for the construction of the $286 million Archer Towers project. The residential development is located at 163-05 Archer Avenue in...
$43+ million sale of Bayside Cove Apartments in Central Jersey brokered by Gebroe-Hammer Associates
Gebroe-Hammer Associates has brokered the $43.45M sale of 125 Class A units at Central Jersey’s Bayside Cove, a newly constructed townhome-style rental community in South Amboy, N.J. The firm’s market specialists Executive Managing Director...
JLL arranges $30 million financing for New Jersey multihousing property
JLL Capital Markets announced that it has arranged $30 million in financing for Ivy Lane, a 237-unit, garden-style multihousing community in Bergenfield, Bergen County, New Jersey. JLL worked on behalf of the borrower, Tower Management...
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....
Morgan Properties launches Morgan Cares
Morgan Properties, one of the nation's largest and fastest-growing multifamily owners, announced today the launch of Morgan Cares, a program created to support local hospitals and food banks as they combat the COVID-19 pandemic...
Value-add apartment community outside Washington DC sells for $87.5 million
Transwestern Real Estate Services (TRE) announces its Mid-Atlantic Multifamily Group has brokered the sale of Villas at Langley, a 590-unit, value-add investment property in Hyattsville, Maryland. Klein Holdings sold the garden-style asset to Jair Lynch...
Affordability extended for lower-income senior citizens at Methuen Housing Community as a result of...
MassHousing has provided $7.9 million in affordable housing financing to the non-profit Community Teamwork, Inc. (CTI) to preserve affordability for lower-income senior citizens at the 60-unit Merrimack Valley Apartments in Methuen and extend affordability at the community for at...
CBRE sells West Roxbury multifamily complex for $41.8 million
CBRE announced the $41.76 million sale of Oak Row apartments, an 80-unit luxury apartment community in West Roxbury, MA. CBRE Capital Markets’ multi-housing experts Simon Butler and Biria St. John exclusively represented the seller, a...
CBRE sells Waltham multifamily complex for $73 million
CBRE announced the $73.575 million sale of Waltham Overlook, a 207-unit 100 percent market-rate apartment community in Waltham, MA. CBRE Capital Markets’ multi-housing experts Simon Butler and Biria St. John exclusively represented the seller an affiliate...
MassHousing closes on $2.8 million in financing for new workforce housing in Northampton
MassHousing has closed on $2.8 million in affordable workforce housing financing to The Community Builders for the ongoing construction of the 12-unit 35 Village Hill Road in Northampton. Valley Community Development Corporation is the...
Larken Associates Bolsters multifamily portfolio with acquisition of York County, Pa. apartment community
Larken Associates, a regional leader in real estate building, development and management, announces the acquisition of The View at Mackenzi, a 224-unit apartment community, located at 2035 Patriot Street in York, Pa. Located less than...
MassHousing completes workforce housing financing for new, 68-unit housing community in Newton
MassHousing has closed on $1.3 million in affordable workforce housing financing to Austin Street Partners LLC, for the new, 68-unit 28 Austin Street in Newton, which offers 23 workforce housing apartments for lower- and moderate-income households. The recently completed...
JLL to exclusively market 121 East 37th Street in New York’s Murray Hill
JLL Capital Markets has been retained by PR 121 East 37 LLC to exclusively market and sell 121 East 37th Street in New York’s Murray Hill neighborhood. The 9,124-square-foot residential building includes 11 apartments....
Jonathan Rose Companies acquires Tower West Apartments on Manhattan’s Upper West Side
Jonathan Rose Companies, one of the country’s leading developers and investors in sustainable, affordable and mixed-income multifamily real estate, has acquired Tower West Apartments, a 217-unit HUD-regulated, partial Section 8, and New York City...
WinnCompanies appoints Terri Benskin as chief operating officer of WinnResidential
WinnCompanies has appointed Executive Vice President Terri Benskin as chief operating officer of its property management arm, WinnResidential, as part of the company’s plan to reinforce operational excellence while continuing its progress on strategic...