Sunday, April 28, 2024

New England region

New England region includes: Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont.

Highpoint Property Group expands value-add portfolio with recent acquisition financing from Thorofare Capital

Thorofare Capital has provided a $15 million floating-rate first mortgage to Highpoint Property Group (Highpoint) to acquire, renovate and stabilize a mixed-use multifamily property in Brooklyn, NY. Located at 88-92 Atlantic Avenue in the Brooklyn...

Prism Launches Dunellen Station with demolition of obsolete industrial facility

Prism Capital Partners has launched Dunellen Station, the redevelopment of the former Art Color industrial facility into a mixed-use, transit-oriented community. The Bloomfield, N.J.-based adaptive reuse specialist this fall commenced demolition of an obsolete,...

Madison Place Luxury condominium community in Madison, NJ receives LEED Silver Certification

Madison Place, the brand new collection of 35 luxury condominium residences just steps from the heart of vibrant downtown Madison, announced today that it has received Leadership in Energy and Environmental Design (LEED®) Silver...

MassHousing to provide $1.5 million in workforce housing financing for new rental housing community...

MassHousing is providing $1.5 million in affordable housing financing from the Agency’s Workforce Housing Initiative to support the development of the Village at Nauset Green by Pennrose, LLC. The MassHousing workforce housing financing will...

HFF represents the DSF Group in the $259.4M sale of class A high-rise apartments...

Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has represented The DSF Group in the $259.4 million sale of Halstead New Rochelle Metro North, a 40-story, 588-unit, Class A apartment tower in New...

Trez Forman Capital Group expands into New York with Astoria construction loan

Trez Forman Capital Group continued its successful year by completing its first transaction in New York. The private lender closed a construction loan for a multifamily redevelopment in the Queens neighborhood of Astoria. The nearly...

MassHousing closes on $23.6 million in tax-exempt financing for newly built 108-unit mixed-income apartment...

MassHousing has closed on $23.6 million in affordable housing financing to Princeton Properties and Parse Capital. The MassHousing permanent financing supports affordability at the Mill and 3 Apartments, a 108-unit, mixed-income apartment community in...
Kelly Boyer

Jonathan Rose Companies promotes affordable housing finance veteran Kelly Boyer to president of Rose...

Jonathan Rose Companies, LLC, one of the country’s leading developers and investors in sustainable, affordable and mixed-income multifamily real estate, has promoted affordable housing finance veteran Kelly Boyer to President of Rose Community Capital...

Clarus Maplewood achieves prestigious WELL Certification

Clarus Maplewood is officially a WELL Certified™ building, the community’s developer, JMF Properties, announced today. Clarus was awarded WELL Certification at the Gold level by the International WELL Building Institute™ (IWBI™). The prestigious distinction was...

Russo Development opens second Kearny apartment community and closes on third

Kearny’s dramatic transformation from factory town to popular urban dwelling place continues with the opening of 280 units at Vermella West, the first phase of Russo Development’s 548-unit apartment community along the Passaic River....

CPC closes $100 million Freddie Mac SBL portfolio in New York City

The Community Preservation Corporation (CPC), a Freddie Mac Seller/Servicer and leading nonprofit housing and community revitalization finance company, announced the closing of a $100 million portfolio under the Freddie Mac Small Balance Loan (SBL)...

Jonathan Rose Companies and the NHP Foundation acquire Shore Hill Housing in Brooklyn, NY

Jonathan Rose Companies, LLC, one of the country’s leading developers and investors in sustainable, affordable and mixed-income multifamily real estate, The NHP Foundation (NHPF), a national not-for-profit leader in providing quality affordable housing to...

The Community Preservation Corporation launches financing guide for small multifamily building projects

The Community Preservation Corporation (CPC), a leading nonprofit affordable housing and community revitalization finance company, announced the launch of Start Small: A guide to financing small multifamily building projects. CPC created this straightforward guide...

Riverside Capital adds to investments in Camden, NJ

Riverside Capital, LLC (Riverside) is pleased to announce it has invested $15.5 million in Branch Village Townhomes, the second of a planned four-phase redevelopment of the Clement T. Branch public housing community in the...
Grace West Manor

Jonathan Rose Companies arranges financing to complete revitalization of grace west manor in Newark,...

Jonathan Rose Companies, LLC, one of the country’s leading developers and investors in sustainable, affordable and mixed-income multifamily real estate, announces a new Low Income Housing Tax Credit (LIHTC) Partnership that will utilize approximately...
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