JLL closes sale of The Peaks of Nanuet
JLL announced that it has closed the sale of The Peaks of Nanuet, a 504-unit apartment complex in the suburb of Nanuet, Rockland County, New York. JLL marketed the property exclusively on behalf of the...
CBRE Multifamily Group sells Devonshire Place for $19,750,000
The CBRE Capital Markets team today announced the sale of Devonshire Place located at 50 Holy Family Road in Holyoke, Massachusetts, for $19,750,000. CBRE multi-housing experts Simon Butler and Biria St. John exclusively represented the...
CBRE Multifamily Group sells Bayside Village for $20,800,000
The CBRE Capital Markets team today announced the sale of Bayside Village located at 132 Marginal Way in Portland, Maine, for $20,800,000. CBRE multihousing experts Simon Butler and Biria St. John together with Dan Greenstein...
CBRE Multifamily Group sells Appleton Square for $29.3 million
The CBRE Capital Markets team announced the sale of Appleton Square located at 171-176 East Street in Methuen, Massachusetts, for $29,300,000. CBRE multihousing experts Simon Butler and Biria St. John exclusively represented the seller, Appleton...
Philadelphia passes right to counsel law
On Thursday, November 14, the Philadelphia City Council passed bill 190386 giving low-income residents the right to be represented by an attorney paid for by the city in the event that they are facing...
Gebroe-Hammer Associates arranges $154.3+ milion in Bergen/Passaic County, NJ sales
Long considered one of the highest-barrier-to-entry multifamily investment submarkets in the state, the Bergen/Passaic County apartment-property corridor continues to live up to its enduring reputation, according to Gebroe-Hammer Associates. While for-sale product remains scarce—and...
Greystone provides $10.8 million in Fannie Mae DUS financing for Minneapolis multifamily acquisition
Greystone, a leading national commercial real estate lending, investment and advisory company, announced it has provided a $10.8 million Fannie Mae Delegated Underwriting and Servicing (DUS) loan for the purchase of Brunsfield North Loop,...
JLL closes $39.5 million sale of Northern New Jersey apartments
JLL announced today that it has closed the $39.5 million sale of Morris Crossing Apartments, a 123-unit, garden-style apartment community in Morristown, New Jersey. JLL marketed the property exclusively on behalf of the seller, Morris...
WinnCompanies joins with state and city officials to announce plans for $38.3 million mixed-income...
WinnCompanies, an award-winning multifamily development and management company, today joined with Massachusetts Lt. Gov. Karyn Polito, state and Lowell city officials to unveil plans for a $38.3 million residential construction project in the Hamilton...
JLL arranges $23 million financing for Lehigh Valley apartment project
JLL announced today that it has arranged $23 million in financing for the development of DREAM Lehigh Valley, a to-be-built, 200-unit apartment complex in the Lehigh Valley community of Wind Gap, Pennsylvania. JLL worked on...
Brookline affordable housing community for senior citizens and residents with disabilities will see extensive...
MassHousing has provided $25 million in financing to the Brookline Housing Authority (BHA) to provide significant improvements to the 100-unit Arthur O’Shea House located at 61 Park Street in Coolidge Corner. The MassHousing financing...
JLL arranges financing totaling $117.86 million for New Jersey apartments
JLL announced today it has arranged financing totaling $117.86 million for Everly Roseland, a 360-unit apartment community located in Roseland, Essex County, New Jersey. JLL worked on behalf of the borrower, Novel Property Ventures, to...
Cushman & Wakefield brokers sale of Morristown, N.J., multifamily asset
A downtown Morristown apartment community has traded in an early fourth quarter sale brokered by Cushman & Wakefield’s New Jersey capital markets team. Pacific Urban Residential LLC acquired The Highlands at Morristown Station, a...
Chatham Village Apartments sells for $35.25 million in transaction arranged by Gebroe-Hammer Associates
In Northern New Jersey’s extremely supply-constrained Short Hills Region multifamily investment submarket, Gebroe-Hammer Associates has orchestrated the $35.25M sale of 118 apartment-home units at Chatham Village Apartments in Chatham Township. The firm’s three Executive...
Reynolds Terrace Apartments in Orange, NJ sells for $16.65 million in transaction arranged by...
In the North Jersey Metro’s high-population and high-building-density pocket of East Essex County, Gebroe-Hammer Associates has arranged the $16.65 million sale of Reynolds Terrace Apartments, a nine-story midrise comprised of 120 apartment units at...
