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...
Masshousing provides $50 million for the refinancing and renovation of the 489-unit Chestnut Park...
MassHousing is providing $50 million in affordable housing financing to Related Companies, to refinance and renovate the Chestnut Park Apartments in downtown Springfield. The MassHousing financing will allow Related to preserve affordability at the...
Related and Hudson to bring 340 new units of affordable housing to Roosevelt Island
Related Companies and The Hudson Companies announced plans to bring 340 new units of affordable housing to Roosevelt Island. The developers and their city and state partners at the New York City Housing Preservation...
NCV Capital Partners, Lemor Development Group, Mount Hope and CPC close $100 million deal...
NCV Capital Partners (NCV), a real estate advisory and development firm, in partnership with Mount Hope Housing Company (Mount Hope), Lemor Development Group (LDG), and the Community Preservation Corporation (CPC) announced the closing of...
MassHousing to provide $2.1 million in workforce housing financing for new rental housing community...
MassHousing is providing $2.1 million in affordable housing financing from the Agency’s Workforce Housing Initiative to support the development of 233 Hancock, a 36-unit housing community, Arx Urban. The MassHousing financing will help transform...
Construction is underway for Phase II of the Orient Heights Public Housing Redevelopment in...
Construction is underway for the second phase of the redevelopment of the Orient Heights public housing community in East Boston. MassHousing is supporting the Orient Heights project by providing $26 million in financing to...
