New England region

JLL Capital Markets announced that it has arranged a $20.5 million refinancing for Garabrant in Jersey City, New Jersey. JLL worked on behalf of the borrower, Point Capital Development, LLC, to place the 10-year, fixed-rate...

In the heart of Jersey City’s trendy and newest revitalized neighborhood—Journal Square—Gebroe-Hammer Associates’ Executive Vice President Niko Nicolaou has arranged the $9.75M sale of a two-property multifamily portfolio. Combined, 618-620 Summit Ave., and 88-94...

CBRE announced that it has arranged the sale of Bell Stoughton, a Class A multifamily community located at 400 Technology Center Drive in Stoughton, MA. CBRE Capital Markets’ multihousing experts Simon Butler, Biria St. John...

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...

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...

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, 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...

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...

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...

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...

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...

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...

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...

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...

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...