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 &...
Value-add multifamily opportunity available in Connecticut
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces it is the exclusive listing agent in the marketing for sale of The Place at Catherine’s Way, a 303-unit, 100-percent market- rate multifamily...
First residences in Phase I of redevelopment at historic Edison Factory begin to move...
Alexander Howze, a longtime resident of West Orange and the surrounding area, has watched the industrial-to-residential redevelopment of the historic Edison Factory from the very start. Now, as one of the first residents of...
Meridian Capital Group arranges $15 million in construction financing for The Davenport
Meridian Capital Group, America’s most active dealmaker, arranged $15 million in construction financing for The Davenport, a multifamily property in Somerville, NJ, on behalf of developer Robert Weiss of Weiss Properties. Located at 21 Davenport...
Meridian Capital Group arranges $53 million in financing for a multifamily property in Hamden,...
Meridian Capital Group, America’s most active dealmaker, arranged $53 million in financing for a multifamily property in Hamden, CT. The 10-year loan features a fixed rate that was locked at an exceptionally favorable spread of...
Hospitals to housing
Martin credits her apartment in the new CAMBA Gardens II with helping her stay on top of her physical and mental health, and bond with neighbors. “It’s a bridge back to life,” said Martin, who...
JMF Properties named redeveloper of former Colgate-Palmolive property in Morris Township
JMF Properties, the Whippany-based development and management firm with more than 25 years of experience in the industry, announced today that it has been designated the redeveloper of the former Colgate-Palmolive industrial campus on...
Meridian Capital Group arranges $150 million in financing for the Mid-Atlantic Multifamily Portfolio
Meridian Capital Group, America’s most active dealmaker, arranged $150 million in financing for the refinance of the Mid-Atlantic Multifamily Portfolio, 10 multifamily properties located in Delaware, New Jersey and Pennsylvania, on behalf of AION...