Marcus & Millichap Arranges the $6.6 Million Sale of a New Haven Three-Property Multifamily...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of 91, 95 and 97 Howe Street, a 44-unit contiguous apartment...
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...
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...
Institutional Property Advisors closes 264-unit high-rise apartment building sale in Downtown Hartford
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Capitol View Apartment Homes, a 264-unit, high-rise multifamily building with 13,294 square feet of commercial and retail space in Hartford,...
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....
JLL Capital Markets promotes Elizabeth DeVesty to production
JLL Capital Markets announced that Elizabeth DeVesty has been promoted to Director with New Jersey’s multihousing investment sales team.
DeVesty will work alongside Senior Manging Directors Jose Cruz, Michael Oliver and Steve Simonelli and will primarily...
JLL Arranged the Sale and $27M in Financing for the 69-Unit Edge Lofts in...
JLL Capital Markets announced that it has closed the sale and secured the $27 million financing for Edge Lofts, a two-building, luxury multi-housing community located in Hoboken, New Jersey.
JLL represented the seller, Bijou Properties...
CBRE sells Pynchon Terrace and Edgewater Apartments for $76 million
CBRE announced the sale of Pynchon Terrace and Edgewater Apartments located at 101 Lowell Street in Springfield, Massachusetts, for $76,000,000.
CBRE Capital Markets’ multihousing experts Simon Butler, Biria St. John and John McLaughlin and the...
WinnCompanies Gets OK for 1st Phase of $2B Boston Mary Ellen McCormack Public Housing...
WinnCompanies and the Boston Housing Authority (BHA) announced that work will begin in 2024 on the $2 billion redevelopment of the Mary Ellen McCormack public housing complex under a two-phase master plan to build...
JLL secures $585 million financing for mixed-use development in Boston
JLL’s Capital Markets group announced that it has arranged $585 million in construction financing for a mixed-use project consisting of 580,905 square feet of life sciences, retail and multihousing space in Boston, Massachusetts.
JLL worked...
Prism and Northwestern complete purchase of Woodbridge, N.J., redevelopment site
A joint venture of Prism Capital Partners and Northwestern Mutual Insurance Company has completed the purchase of a five-acre redevelopment parcel at the corner of Rahway Avenue and Green Street in Woodbridge. With full...
Governor Hochul Announces Completion of 50-Unit Affordable and Supportive Housing Development in Onondaga County
Governor Kathy Hochul announced the completion of Monarch Commons, a 50-unit affordable housing development for seniors in the Onondaga County town of Cicero. The energy-efficient development includes 15 supportive homes for veterans experiencing homelessness.
“With...
JLL arranges $233 million in construction financing for 569-unit Brooklyn rental development
JLL Capital Markets announced that it has secured $233 million in construction financing for the ground-up development of 54 Crown, a 569-unit multihousing development located at 54 Crown St., in Crown Heights, Brooklyn.
JLL worked...
New York City multifamily sales fell in 2023
In 2023, the multifamily sector in New York City experienced a notable downturn, with total dollar volume of $7.4 billion spread across 1,036 transactions, a year-over-year drop of 52% and 35%, respectively, according to...
CBRE arranges $7.8 million sale of 204-unit development site in Farmington, Connecticut
Representatives of CBRE, led by Jeff Dunne, Simon Butler, Biria St. John, Eric Apfel, Stuart MacKenzie, John McLaughlin, and Brian Bowler announced the $7.8 million sale of a 204-unit multifamily development site in Farmington,...
