Wednesday, May 8, 2024

New England region

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

CPC delivers nearly $11 million to refinance three multifamily properties in Brooklyn

The Community Preservation Corporation (CPC), a leading nonprofit affordable housing and community revitalization finance company, announced the closing of three permanent mortgages under the Freddie Mac Small Balance Loan (SBL) product. Totaling nearly $11...

Meridian Capital Group arranges $258 million in acquisition and construction financing for three multifamily...

Meridian Capital Group, America’s most active dealmaker, arranged $258 million in acquisition and construction financing for three multifamily developments in Bayonne. Linden and Raritan, NJ on behalf of Jack Klugmann and Accurate Builders &...

Bridgewater’s Woodmont Square Apartments sells in transaction arranged by Gebroe-Hammer Associates

Gebroe-Hammer Associates has arranged the $32.55M sale of 100 fully occupied COAH and market-rate multifamily units at Woodmont Square Apartments, a newly constructed Class-A community in Bridgewater, N.J. The brokerage team of Greg Pine,...

Prism completes site plan for Woodbridge, N.J., redevelopment project

With the completion of a formal site plan submission, Prism Capital Partners is poised to move forward on the adaptive reuse of a five-acre parcel at the corner of Rahway Avenue and Green Street...

Largest market-rate apartment complex in West Hartford sold by IPA for $20.85 million

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Westwood Apartments, a six-building, 200-unit multifamily asset in West Hartford, Connecticut. The property, which is the largest market-rate multifamily property...

North Bethesda’s Pike & Rose continues to revolutionize traditional neighborhood experience—From a rooftop farm...

Federal Realty announced today that the Ori robotic furniture system is now available at the residences at Pike & Rose. Ori systems can create a room on demand, morphing a single room from a...

Washington Property Company’s 8250 Solaire Georgia Avenue apartment building tops out

Washington Property Company (WPC) is celebrating the topping out of its latest luxury apartment community, Solaire 8250 Georgia Avenue. This amenity-rich 338-unit residence is located just two blocks from the Silver Spring (MD) Metro...

KRE Group and National Real Estate Advisors secure $210 million in financing for Jersey...

KRE Group, a full-service real estate investment and management company with more than five decades of experience, and National Real Estate Advisors, LLC (National), an investment manager specializing in build-to-core, today announced that they...

Preserving Affordable Workforce Housing in Maryland

Maryland-based The Severn Companies and nationally recognized Enterprise Community Investment Inc. (Enterprise) have partnered to acquire Ivy Crossing, a 99-unit multifamily property in Catonsville, MD. Ivy Crossing, built in 1947, provides vital affordable workforce...

Walters Group builds Cornerstone At Stafford construction underway on 100 premium income-restricted apartment homes...

Walters Group has begun construction of Cornerstone At Stafford, consisting of 100 income-restricted apartments for seniors (55+). The community, located at 120 Campbell Blvd., Manahawkin, is part of the large-scale Stafford Park redevelopment accessible...

Gebroe-Hammer Associates arranges sale of Plainfield, NJ multifamily portfolio for the second time in...

Gebroe-Hammer Associates has arranged the sale of a four-building multifamily portfolio located on Park Avenue and East 7th Street in the heart of Plainfield, N.J. The $6.4 million transaction was finalized by Adam Zweibel,...

Spirit Bascom Ventures acquires Hoboken, NJ multifamily property for $17.65 million

Spirit Bascom Ventures, LLC, a partnership between Irvine, California based The Bascom Group, LLC, and Stamford, Connecticut based Spirit Investment Partners, LLC acquired 1024 Clinton Street in Hoboken, New Jersey for $17.65 million. Spirit...

One William taps into new rental demand and Englewood appeal with 40 percent of...

Strong demand for new luxury rental residences and the growing appeal of downtown Englewood as a vibrant residential destination have led to a successful Grand Opening at One William, where just over 40 percent...

Gebroe-Hammer Associates exclusively represents seller and procures buyer in $56m sale of Thousand Oaks...

Gebroe-Hammer Associates has finalized the $56 million sale of Thousand Oaks Village, a sprawling 304-unit garden-style complex within the scenic Raritan Bayshore municipality of Atlantic Highlands, N.J. The brokerage team of Ken Uranowitz, president,...

$26.85 million Hartford County multifamily sale brokered by IPA

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of The Arbors at Brighton Park, a 132-unit multifamily asset in Bloomfield, Connecticut. The property sold for $26.85 million. “Completed in 2016,...
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