CBRE Multifamily Group sells Waterford Place to Forest Properties for $67 million
CBRE Capital Markets team today announced the sale of Waterford Place in Manchester, New Hampshire, for $67 million.
Waterford Place is a 384-unit 100 percent market-rate apartment community spread over 66.5 acres just off Interstates...
Institutional Property Advisors brokers $63 million newly constructed luxury apartment complex sale in Windsor...
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Preserve at Great Pond, a newly constructed, 230-unit luxury apartment complex in Windsor, Connecticut. The property sold for $63 million.
“The...
Standard Communities acquires Canton Estates Apartments in Massachusetts
Standard Communities, a major national affordable housing investor and developer, has acquired Canton Estates Apartments, a naturally occurring affordable housing family community in Canton, MA. The total capitalization of the transaction is approximately $18...
PHFA issues RFP for local groups to request funding for housing initiatives
The Pennsylvania Housing Finance Agency is issuing a Request for Proposals soliciting applications from organizations for projects to improve the availability and affordability of housing across the commonwealth. Funding for this RFP is being...
Affordability extended at Reading Housing Community for Seniors and Disabled Residents resulting from $10.2...
Senior citizens and disabled residents living at the 74-unit Peter Sanborn Place in Reading will have their affordable rents extended for at least 24 years and will see property improvements as a result of...
HUD charges New York housing providers with discriminating against resident with disabilities
The U.S. Department of Housing and Urban Development (HUD) today announced it is charging a New York property owner and manager with housing discrimination.
HUD alleges that James W. Ray Jr., Jim Ray Homes, Inc.,...
NY Dem candidate is on a “rent strike”
In New York City’s well-heeled 12th Congressional District, a housing activist named Pete Harrison is running in the Democratic primary to unseat incumbent Congresswoman Carolyn Maloney. But that’s not the only campaign he’s waging....
JLL to exclusively market 121 East 37th Street in New York’s Murray Hill
JLL Capital Markets has been retained by PR 121 East 37 LLC to exclusively market and sell 121 East 37th Street in New York’s Murray Hill neighborhood. The 9,124-square-foot residential building includes 11 apartments....
CBRE arranges sale of Timberwood Commons to affiliate of Audubon Capital Partners for $69.25...
CBRE announced that it has arranged the $69.25 million sale of Timberwood Commons, a 252-unit 100 percent market rate multifamily community located at 6 Timberwood Drive in Lebanon, New Hampshire.
CBRE Capital Markets’ multi-housing experts...
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...
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...
Meridian Capital Group arranges $72 million in acquisition financing for the condominium deconversion of...
Meridian Capital Group, America’s most active dealmaker, arranged $72 million in acquisition financing for the condo deconversion of Kennelly Square in Chicago, IL into multifamily rental units, on behalf of Strategic Properties of North...
JLL selected by BRP Companies to arrange joint venture equity for $286 million Archer...
JLL Capital Markets was selected by BRP Companies to arrange joint venture equity financing for the construction of the $286 million Archer Towers project. The residential development is located at 163-05 Archer Avenue in...
You don’t always get what you want
Reilly’s building, the Windermere West End, a luxury rental, is one of several in the city that prohibit rent-regulated tenants from using new services like gyms, playrooms and rooftop gardens. Some co-op and condo...
Avanath Capital Management expands Boston-area reach with acquisition of 11-building, 73-unit affordable housing portfolio...
Avanath Capital Management, LLC, a private real estate investment manager and Registered Investment Adviser, has expanded its reach in the Boston area with the acquisition of Logo Apartments, an affordable housing portfolio in Roxbury,...
