Two affordable housing communities in Orange will undergo extensive renovations with $11.6 million in...
MassHousing has provided a total of $11.6 million in affordable housing financing to the non-profit Retirement Housing Foundation (RHF), for the renovation and preservation of two adjacent affordable housing communities in Orange. As part...
Elion Partners and Buchanan Partners break ground on 254-unit luxury apartment building at Glenmont...
Elion Partners, a real estate investment firm, and Buchanan Partners, a real estate development firm, have broken ground on a 254-unit luxury multifamily building adjacent to the Glenmont Metro station in the Maryland suburbs...
The Donaldson Group, Declaration Capital, & Angelo, Gordon acquire 288-unit apartment community in Hyattsville,...
In an off-market transaction, The Donaldson Group of Rockville, MD, New York-based Declaration Capital, and New York-based Angelo, Gordon have acquired Plaza Towers Apartments, a 288-unit high rise apartment community located in Hyattsville, Maryland....
325 Ferry Street luxury rental building to open in Newark’s bustling North Ironbound neighborhood
325 Ferry Street, a brand new collection of 91 luxury rental residences in Newark’s bustling North Ironbound neighborhood, will debut to the public in mid-March, the community’s developer announced today. As the latest example of...
Walters plans to open Cornerstone at Stafford in March 2019
Walters has nearly completed construction of Cornerstone At Stafford which will bring 100 premium age (55+) and income-restricted residences to Manahawkin. Located at 120 Campbell Blvd., the community is part of the large-scale Stafford...
Heather Frahm joins Benchmark as chief marketing officer
Benchmark, a human connection company and leading provider of senior living services in the Northeast, today announced that Heather Frahm has joined the company’s senior leadership team in the newly created role of chief...
Affordability extended at senior housing community in Brighton, property improvements planned, resulting from $44.8...
Senior citizens living at the 200-unit Covenant House I and II housing community in Brighton have had affordable rents extended through 2052 and will see significant property improvements as a result of $44.8 million...
Meridian Capital Group arranges $27.5 million in financing for The Cobalt Apartments, a multifamily...
Meridian Capital Group, America’s most active dealmaker, arranged $27.5 million in financing to refinance The Cobalt, a multifamily property in Somerville, NJ on behalf of Weiss Properties based in New Brunswick, NJ. The 12-year loan...
Boston public housing community will undergo extensive renovation with $38.7 million in MassHousing financing
MassHousing has closed on $38.7 million in affordable housing financing to the non-profit Inquilinos Boricuas En Accion, Inc. (IBA), for the rehabilitation and preservation of the West Newton Apartments, a 146-unit public housing community...
De Blazsio takes on landlords
Mayor Bill de Blasio of New York City has been in the news recently with comments he has made about bad landlords and his plan for an Office to Protect Tenants to deal with...
NDG Student Living and OC Ventures expand SUNY footprint with 371-bed student housing acquisition
NDG Student Living announces that OC Ventures has acquired Twin River Commons, a Class “A,” student housing community serving the students at Binghamton University. The 371-bed student community consists of one-, two-, three- and four-bedroom...
HUD and NYCHA reach agreement – again
On January 31, HUD Secretary Ben Carson announced an agreement to resolve problems at the New York City Housing Authority’s properties. In addition to HUD and the New York City Housing Authority (NYCHA), parties...
MassHousing provides $25 million in financing for latest phase of rental housing development at...
MassHousing is providing $25 million in affordable housing financing to Lena New Boston, to support the latest phase of rental housing development at Olmsted Green in Mattapan. With the MassHousing financing, Lena New Boston,...
The Donaldson Group, Declaration Capital, DRA Advisors’ fund acquire 592-unit Silver Spring, MD apartment...
The Donaldson Group (TDG) of Rockville, MD, Declaration Capital of New York City, and a fund managed by DRA Advisors have acquired Montgomery White Oak Apartments, a 592-unit garden-style apartment community located in Silver...
Fifteen Hudson Yards reveals 40,000 square feet of lifestyle and wellness amenities
Hudson Yards today revealed a first look inside Fifteen Hudson Yards, designed inside and out by Diller Scofidio + Renfro, Lead Architect, and Rockwell Group, Lead Interior Architect. Spaces on display include high-floor wellness...
