Gebroe-Hammer Associates arranges $23m multifamily sale of Waterside Villas in Central Jersey
Within one of Middlesex County’s highest income-growth neighborhoods, Gebroe-Hammer Associates has arranged the $23 million sale of 100 Class-A apartment-home units at Waterside Villas, an upscale 55+ community located at 1 Overlook Dr., in...
Walters holds ribbon-cutting ceremony for LEED-Gold Cornerstone at Delanco
Walters, an award-winning developer with offices in Barnegat and Haddonfield, N.J., held a ribbon-cutting ceremony to celebrate the opening of Cornerstone at Delanco, a 64-unit premium income-restricted housing development built on the site of...
Historic warehouse to be converted to multifamily units in Baltimore, Maryland
Transwestern Commercial Services (TCS) today announces its Mid-Atlantic Multifamily Group has been named the exclusive advisor for the adaptive reuse of the 138,000-square-foot historic warehouse at 1901 Light St. in Baltimore. The project could...
Comptroller DiNapoli, Mayor Palmieri, Doyle Hardware Building LLC, CPC & Empire State Development celebrate...
The Community Preservation Corporation (CPC) joined New York State Comptroller Thomas P. DiNapoli, Senior Advisor to Governor Cuomo for Upstate Economic Development John Maggiore, Utica Mayor Robert Palmieri, the development partners of Doyle Hardware...
Construction is underway for the renovation of the 285-unit Millers River Apartments affordable housing...
MassHousing has provided $82 million in financing to the Cambridge Housing Authority(CHA) for the extensive renovation of the Millers River Apartments, a 285-unit affordable housing community serving lower-income households in Cambridge. The transaction will...
Gebroe-Hammer arranges two sales involving 72 apartment units in Union County, New Jersey
Gebroe-Hammer Associates has arranged two separate multi-family property sales for a combined $15.75 million totaling 72 units across Union County, N.J. The trades were orchestrated by Executive Vice Presidents Niko Nicolaou and David Jarvis...
MassHousing closes on $33.1 million in financing for the extension of affordability and property...
MassHousing has closed on a total of $32.8 million in affordable housing financing to the Madison Park Development Corporation (MPDC), for the preservation of affordability and property rehabilitation at the 131-unit Haynes House in...
HUD charges New York housing providers with discriminating against resident with disabilities
The U.S. Department of Housing and Urban Development (HUD) today announced it is charging a New York property owner and manager with housing discrimination. HUD alleges that James W. Ray Jr., Jim Ray Homes, Inc.,...
Prism and Northwestern complete purchase of Woodbridge, N.J., redevelopment site
A joint venture of Prism Capital Partners and Northwestern Mutual Insurance Company has completed the purchase of a five-acre redevelopment parcel at the corner of Rahway Avenue and Green Street in Woodbridge. With full...
HFF arranges $13.25M refinancing for SOMA in Somerville, New Jersey
Holliday Fenoglio Fowler, L.P. (HFF) announces that it has arranged the $13.25 million refinancing of SOMA, a 69-unit luxury apartment community in Somerville, New Jersey. HFF worked exclusively on behalf of the borrower, Sterling Properties...
CBRE Multifamily Group sells Fountainhead Apartments to FPA Multifamily, LLC for $130 million
The CBRE Capital Markets team today announced the sale of Fountainhead Apartments in Westborough, Massachusetts, for $130,000,000. Fountainhead Apartments is a 562-unit 100 percent market-rate apartment community spread through three eight-story buildings that are situated...
Tryko Partners acquires Camden Court Apartments in Baltimore, Md.
Tryko Partners, LLC has expanded its multifamily portfolio with the addition of Camden Court, a 221-unit high-rise apartment community in downtown Baltimore. The private equity investment group has plans to launch a multi-million-dollar capital...
Cushman & Wakefield brings Bergen County multifamily asset to market
River Edge at Garfield, a newly constructed, 104-unit luxury apartment community at 600 Autumn Lane in Garfield, has come online for sale, announced Cushman & Wakefield. The commercial real estate services firm’s New Jersey...
Washington property company’s 8250 Solaire Georgia Avenue apartment building delivers
Washington Property Company (WPC) has delivered its latest luxury apartment community, Solaire 8250 Georgia Avenue. This 20-story, amenity-rich 338-unit residence is located just two blocks from the Silver Spring (MD) Metro and multi-modal transit...
The Annex Group’s Tom Tomaszewski joins NAHB Multifamily Council Board of Trustees
The Annex Group, LLC, a leading student and affordable housing developer, is pleased to announce the appointment of Tom Tomaszewski, chief operating officer of The Annex Group and president of Annex Construction, as a...
