New England region

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...

Gebroe-Hammer Associates has arranged the $25.5+M sale of a Class A multifamily portfolio involving 87 luxury apartment-home and townhome rental units, the majority of which are concentrated in Woodbridge Township’s Avenel and Colonia neigborhoods....

MassHousing has closed on a total of $22.6 million in affordable housing financing to the Planning Office for Urban Affairs (POUA) and Caribbean Integration Community Development (CICD) for the construction of the 76-unit Cote Village housing community in Mattapan.   The Planning Office for Urban Affairs and CICD...

The Schochet Companies and Jonathan Rose Companies have acquired Riverside Towers in Medford, Mass., for $83.5 million in a joint venture. Financed through MassHousing, Riverside Towers is designated for occupancy by elderly and disabled residents....

Affordable Housing Investment Brokerage Inc. recently sold a 14-building, 249-unit affordable housing portfolio in Gary, Indiana for $10,375,000. Managing Director Kyle Shoemaker represented both the purchaser, a private investor, and seller, a private investor,...

MassHousing has closed on $25.25 million in affordable housing financing to an affiliate of  Vitus, for the preservation and rehabilitation of 82 affordable housing units in Roxbury. Vitus will utilize the MassHousing financing to combine a pair of Roxbury affordable housing communities, the Fort Hill Gardens and Esperanza...

MassHousing has closed on $25.6 million in affordable housing financing to the Lena Park Community Development Corporation for the renovation and extension of affordability for lower-income residents at the 143-unit Granite Lena Park in Dorchester.   Granite Lena Park, a 143-unit scattered-site affordable housing development, was last substantially...

JLL Capital Markets announced that it has closed the sale of Avalon Tinton Falls, a 216-unit, Class A garden-style apartment property in Tinton Falls, Monmouth County, New Jersey. JLL marketed the property exclusively on behalf...

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...

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 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...