Friday, May 3, 2024

New England region

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

Hamilton Canal District Parcels 8 and 9, Lowell

MassHousing closes on $25.2 million in financing for new, mixed-income and workforce housing community...

MassHousing has closed on a total of $25.2 million in affordable housing financing to WinnCompanies for the development of 125 new rental homes in downtown Lowell. The MassHousing financing will allow WinnCompanies to advance the redevelopment of Lowell’s Hamilton Canal Innovation District, while creating new housing for households...
Rae at Westlake

Foulger-Pratt to develop 343-unit apartment community in Bethesda, Maryland

Foulger-Pratt based in Potomac, Md. will develop The Rae at Westlake at 10401 Motor City Drive adjacent to Westfield Montgomery Mall in Bethesda, Md. The five-story, 343-unit building will include 299 market-rate and 44...

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...

Cooper Plaza Townhomes preservation set to begin

Cooper Plaza Townhomes — a housing community in the Cooper Plaza Historic District that has provided affordable housing to Camden families for decades — is set for a major renovation following a successful financial closing...
Mill Falls Apartments

CBRE arranges sale of Mill Falls Apartments in Methuen, Massachusetts for $13.8 million

CBRE announced today that it has arranged for the sale of Mill Falls Apartments in Methuen, Massachusetts for $13.8 million. CBRE Capital Markets’ multi-housing experts Simon Butler, Biria St. John and John McLaughlin exclusively represented...
The Wel

$104.93 million financed for Long Island multihousing community

JLL Capital Markets announced that it has closed the $104.93 million financing of The Wel, a 260-unit, newly constructed, mid-rise multihousing community located in Lindenhurst, New York along the South Shore of Long Island. JLL represented...

Construction is underway at Clarus Glen Ridge luxury rental community

Clarus Glen Ridge, the luxury rental community in the historic Borough of Glen Ridge, is now under construction, developer JMF Properties announced today. Located on Baldwin Avenue, just a short walk from downtown Montclair and steps...

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...

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...

Uptown living, downtown budget

“I would say it’s the most social building I’ve ever seen,” said Daniel Ellch, a tenant. That’s by design: The developer, Property Markets Group (PMG), is entering the co-living market, offering slightly smaller private...
Oak Row apartments

CBRE sells West Roxbury multifamily complex for $41.8 million

CBRE announced the $41.76 million sale of Oak Row apartments, an 80-unit luxury apartment community in West Roxbury, MA. CBRE Capital Markets’ multi-housing experts Simon Butler and Biria St. John exclusively represented the seller, a...

I love this town Bon Jovi style

On Sept. 2, 2008, the lead singer and founding member of the eponymous rock band was back in Newark, shovel in hand, to turn first dirt on the Newark Genesis Apartments, 51 units of...

Latch announces major partnership with Niido powered by Airbnb

Niido powered by Airbnb, a residential community that supports and encourages home sharing, today announced its partnership with Latch, the first smart access system built for multifamily buildings, to create a sophisticated and seamless...
Tower West Apartments

Jonathan Rose Companies acquires Tower West Apartments on Manhattan’s Upper West Side

Jonathan Rose Companies, one of the country’s leading developers and investors in sustainable, affordable and mixed-income multifamily real estate, has acquired Tower West Apartments, a 217-unit HUD-regulated, partial Section 8, and New York City...
Nine East 33rd

Berkadia arranges $62 million stretch senior loan for acquisition of 568 bed student housing...

Berkadia announces it has secured a $62 million stretch senior loan for the acquisition of Nine East 33rd, a 157-unit/568-bed off-campus student housing property located right across the street from the main entrance of...
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