325 Ferry Street luxury rental residences now open in ultra-hip North Ironbound neighborhood
325 Ferry Street, northern New Jersey’s newest collection of luxury rental residences in a walkable, commuter-friendly, and entertainment-packed location, is now open in Newark’s bustling North Ironbound neighborhood.
The community recently debuted to the public...
New Providence Gardens sells for $58.5M in transaction arranged by Gebroe-Hammer Associates
New Providence Gardens, a 232-unit garden-apartment community located within one of the most affluent corners of New Jersey, has been sold for $58.5 million in a trade arranged by Gebroe-Hammer Associates of Livingston. Executive...
Rent control laws seize New York apartments
Last ditch attempts by real estate developers to thwart final approval of rent control legislation was just too late, reported the New York Times.
“There was some arrogance on the part of the real estate...
Paredim Partners purchases Cambridge Oxford Apartments steps from Yale University
Paredim Partners LLC (Paredim) a premier owner operator of multifamily properties in the Northeastern United States, is pleased to announce the acquisition of Cambridge Oxford Apartments, a boutique apartment complex located in the heart...
WinnCompanies completes $18.7 million rehabilitation of affordable housing in Lynn, MA
WinnCompanies, an award-winning multifamily development and management company, today announced the completion of a $18.7 million rehabilitation of the Cobbet Hill apartments, significantly renovating 117 units of affordable housing for families and seniors, creating...
Walters completes senior housing community in Manahawkin
Walters, a Barnegat-based developer, has completed Cornerstone At Stafford, a premium age and income-restricted apartment community located at 120 Campbell Blvd. The development adds 100 energy efficient units to the southern Ocean County housing...
Red Mortgage Capital closes $60 million SBL portfolio in Union City, NJ
RED Mortgage Capital, the lending arm of ORIX Real Estate Capital, LLC, announces the closing of a $60 million, 18 property portfolio in Union City, N.J. through the Freddie Mac OptigoSM Small Balance Loan...
Thorofare Capital provides $53.5 million to refinance CT multifamily portfolio
Thorofare Capital has provided $53.5 million in senior debt to refinance a two-property, 198-unit multifamily portfolio in Norwalk, CT.
The financing is secured by two Class-A apartment communities developed in 2016 by the sponsor, a...
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...
CPC Mortgage Company LLC delivers $9.6 million FHA loan to refinance two rent stabilized...
CPC Mortgage Company LLC, a subsidiary of the Community Preservation Corporation (CPC), announced the closing of a $9.6 million Federal Housing Administration (FHA) loan to refinance two rent stabilized, multifamily properties in Manhattan’s East...
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...
Merchants Capital announces more than $180m total financing for two new mixed-income, mixed-use projects...
Mortgage banking firm Merchants Capital has secured financing for two affordable housing developments, totaling more than $180.6 million, in the New York City area: MEC 125th Street and Caton Flats.
Both transactions executed a novel...
Meridian Capital Group arranges $52 million in financing for a multifamily community in Aberdeen,...
Meridian Capital Group, America’s most active dealmaker, arranged $52 million in financing to refinance a multifamily community in Aberdeen, NJ on behalf of BNE Real Estate Group.
The 15-year loan was provided by a life...
First move-ins scheduled for April 1st at 325 ferry street in Newark’s North Ironbound...
325 Ferry Street, a brand new collection of 91 luxury rental residences in Newark’s bustling North Ironbound neighborhood, is now open for leasing, the community’s developer announced today.
Renters are demonstrating a strong interest in...
Construction kicks off on 11 Crown Street Apartments
Construction has started on a brand new rental community being developed at 11 Crown Street on the site of the former Meriden Record Journal building, following a successful financial closing by the developer, The...
