Newly developed luxury apartment community trades for $53 million
JLL Capital Markets announced that it has completed the $53 million sale of BELA, a newly developed, 104-unit, luxury apartment community located within a qualified opportunity zone in Jersey City’s rapidly expanding Bergen-Lafayette neighborhood.
JLL...
Gebroe-Hammer Associates arranges $65 million multifamily portfolio sale of 400 units across three North...
Gebroe-Hammer Associates’ Niko Nicolaou, executive vice president, has arranged the $65M sale of the Golden Peak Portfolio, a 400-unit multifamily package spanning the Hudson Palisades region. Situated directly across from Midtown Manhattan and the...
MassHousing provides $9.9 million in financing for the acquisition, renovation and preservation of affordability...
MassHousing has closed on $9.9 million in affordable housing financing to an affiliate of Pennant Housing Group for the acquisition, renovation and preservation of the 89-unit Colonial Village Apartments in Weymouth. The transaction resolves...
CBRE secures joint venture partner for The Brookliner, a mixed-use development in Brighton, Mass.
CBRE has secured a joint venture partner for the development of The Brookliner, a mixed-use transit-oriented community in the Brighton neighborhood of Boston, Massachusetts.
CBRE’s team of Simon Butler, Biria St. John and Kyle Juszczyszyn...
CBRE sells Border City Mills and River Grove Apartments for $13.7 million
CBRE today announced the sale of Border City Mills located at 2 Weaver Street in Fall River, and River Grove Apartments located at 4516 North Main Street in Fall River for $13,700,000.
CBRE multi-housing experts...
JLL arranges $20.5 million loan for Jersey City apartments
JLL Capital Markets announced today that it has arranged $20.5 million in financing for the acquisition of The Ashton, a newly completed, 93-unit, Class A apartment project in Jersey City, New Jersey.
JLL worked to...
Multifamily investment stumbles in NYC in 2019
Low vacancy rate. Burgeoning population. Expensive real estate. The Big Apple’s multifamily market has always been the champion compared to the rest of the country, but the recently passed rent regulations have the city...
Construction is underway at Sycamore on Main in Brockton as MassHousing closes $4.7 million...
Construction is underway at Sycamore on Main in Brockton, as MassHousing has closed on $4.7 million in financing to an affiliate of NeighborWorks Housing Solutions. The MassHousing financing will allow NeighborWorks Housing Solutions to...
CBRE sells Hanover Cambridge Park to Guardian Life
CBRE announced the sale of Hanover Cambridge Park located at 80 Cambridge Park Drive in Cambridge, Massachusetts, to Guardian Life.
CBRE Capital Markets’ multihousing experts Simon Butler and Biria St. John exclusively represented the seller,...
JLL arranges $6 million loan for 80 Terrace Street in Boston
JLL Capital Markets announced today that it has arranged a $6 million construction loan for the development of 80 Terrace Street, a nine-unit, boutique, for-sale condominium building in the Mission Hill neighborhood of Boston.
JLL...
JLL arranges $62 million loan for The Daley at Shady Grove
JLL Capital Markets announces it has arranged $62 million in financing for The Daley at Shady Grove, a 333-unit multihousing community with nearly 15,000 square feet of ground-floor retail located in Rockville, Maryland.
JLL worked...
Callahan Construction breaks ground on luxury waterfront apartment complex in Lynn North Shore
Callahan Construction Managers (Callahan) announces they have broken ground at Breakwater in Lynn, MA. The Dolben Company in joint venture with Minco Corporation is developing the future luxury waterfront apartment complex, with HDS Architecture...
CBRE sells Residences at Riverwalk for $33 million
CBRE today announced the sale of the Residences at Riverwalk located at 553-557 South Commercial Street in Manchester, New Hampshire, for $33,000,000.
CBRE Capital Markets’ multihousing experts Simon Butler and Biria St. John exclusively represented...
Cushman & Wakefield brokers sale of Farmingdale, N.Y., multifamily asset
A newly-constructed, luxury mid-rise apartment community has sold in Nassau County, announced commercial real estate services firm Cushman & Wakefield. A team of capital markets specialists based in New York and New Jersey brokered...
CBRE sells Bay View Estates for $20,425,000
CBRE today announced the sale of Bay View Estates in Portsmouth, Rhode Island, for $20,425,000.
CBRE Capital Markets’ multihousing experts Simon Butler and Biria St. John exclusively represented the seller, Bay View Apartments LLC, a...
