Thursday, March 28, 2024

New England region

New England region includes: Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont.

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...
Brunsfield North Loop

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,...
Morris Crossing Apartments

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...
DREAM Lehigh Valley

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...

JLL arranges $97.5 million financing for Stamford mixed-use project

JLL announced that it has arranged $97.5 million in financing for the development of the second phase of Atlantic Station, a luxury mixed-use residential and retail property in downtown Stamford, Connecticut. JLL worked exclusively on...

JLL closes sale of Montclair, New Jersey, development site

JLL announced that it has closed the sale of 65 Church Street, a 0.832-acre mixed-use residential development site in downtown Montclair, New Jersey. JLL marketed the property exclusively on behalf of the seller, Kensington Senior...

JLL arranges $386 million financing for 70 Pine Street

JLL announced today that it has arranged $386 million in financing for 70 Pine Street, a 66-story, 1.03 million-square-foot, mixed-use, Art Deco-style tower in Lower Manhattan’s Financial District. JLL worked on behalf of the borrower,...

GFI Realty trades Bath Beach 30-unit multifamily building for $7.225 million

GFI Realty Services, LLC announced the $7.225-million sale of 8678 Bay Parkway, a four-story walk-up, 30-unit multifamily property located in the Bath Beach section of Brooklyn. GFI Realty Senior Director Shlomo Antebi represented the...
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