Friday, May 17, 2024

New England region

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

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,...

Meridian Capital Group arranges $115 million in financing for the construction of a multifamily...

Meridian Capital Group, America’s most active dealmaker, arranged $115 million in financing for the cash-out refinance of a multifamily property midway through construction in Brooklyn, NY on behalf of Hampshire Properties. The loan, provided by...

Gebroe-Hammer Associates arranges $20.32m in Central Jersey multifamily sales

Central New Jersey’s record-low multifamily vacancy rates and modest construction boom continue to bode well for apartment-building investments, according to the brokerage professionals at Gebroe-Hammer Associates based in Livingston, N.J. The region has been...

Paramount Assets adds 560 Broad Street to its Newark portfolio downtown commercial property eyed...

Paramount Assets has added 560 Broad Street to its Newark property portfolio. Located between Lombardy and Fulton streets, the acquisition encompasses a 33,000-square-foot, four-story office building vacant at the time of sale, and an...

HUD charges New York developer, owner, construction company, and architect with discriminating against persons...

The U.S. Department of Housing and Urban Development (HUD) announced today that it charged a New York-based developer, owner, construction company and architect with housing discrimination for failing to design and construct a condominium...

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...

Meridian Capital Group arranges $46 million in financing for a multifamily community in Raritan,...

Meridian Capital Group, America’s most active dealmaker, arranged $46 million in financing to refinance a multifamily community in Raritan, NJ on behalf of Castle Lanterra Properties. The five-year loan, provided by a balance sheet lender,...

Federal government reaches historic agreement with New York city housing authority to improve health...

U.S. Housing and Urban Development (HUD) Secretary Ben Carson today announced a historic agreement with the nation’s largest public housing authority to correct dangerous lead-based paint and other health and safety hazards. HUD, the...

$45 million Westchester County multifamily portfolio sold

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of a three-property, 104-unit multifamily portfolio in White Plains, New York....

Luxury suburban Pittsburgh multifamily asset sold by IPA for $61 million

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Ascent Four Thirty, a 319-unit luxury apartment community located in the affluent northern Pittsburgh suburb of Wexford, Pennsylvania. The property...

One William launches in downtown Englewood with new luxury rental residences and modern amenities

Downtown Englewood, known for its burgeoning cultural, shopping and entertainment offerings and prime access to New York City, is getting a major residential upgrade with today’s launch of One William, a new luxury rental...

Cambridge arranges $32.7 million HUD loan to refinance Zion Towers

Cambridge Realty Capital Companies reports funding a $32,750,000 HUD insured loan to purchase and moderately rehabilitate Zion Towers, a 211-unit affordable elderly housing complex located in Baltimore, MD. Jeffery A. Davis, Cambridge Chairman, said...

$22 million multifamily high-rise sold by Marcus & Millichap

Marcus & Millichap has announced the sale of Robert Towers, a 11-story, 206-unit multifamily asset in East Orange, New Jersey. The property sold for $22 million, which equates to $106,796 per unit. Marcus &...
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