Welltower and Hines acquire upper west side site to develop second Manhattan seniors housing...
Welltower Inc., the global leader in health care infrastructure, and the New York office of Hines, the international real estate firm, announced today that they have closed on the acquisition of a development site...
Prism Capital Partners announces construction start at Wonder Lofts Project
The industrial-to-residential conversion of a former Wonder Bread factory on Clinton Street in Hoboken is moving forward, with interior demolition now underway, announced Prism Capital Partners. The Bloomfield, N.J.-based adaptive reuse specialist has partnered...
Community Preservation Corporation approved as Fannie Mae multifamily special affordable lender
Fannie Mae has approved the Community Preservation Corporation (CPC), a leading nonprofit affordable housing and community revitalization finance company, as a Multifamily Special Affordable Lender to originate Multifamily Affordable Housing (MAH) and Small Mortgage...
CPC, Cardinal Court Apartments LLC and Partners celebrate transformation of vacant buildings into new...
The Community Preservation Corporation (CPC), Cardinal Court Apartments LLC and partners held a ribbon cutting on Wednesday, October 17th to celebrate the opening of 40 Cannon located at 40-44 Cannon Street in Poughkeepsie, New...
The Donaldson Group takes over management of 625 apartments in Richmond and Norfolk, VA
The Donaldson Group (TDG) of Rockville, MD has continued to expand southward beyond its base in the Washington, DC metro area, adding 625 units to its current 11,000-unit multifamily management portfolio. The company has...
JMF Properties, RD Management, and Accurate Builders & Developers close on 14-acre site at...
JMF Properties, RD Management LLC, and Accurate Builders and Developers announced today that the joint venture partnership has closed on a 14-acre site on the former Military Ocean Terminal at Bayonne (MOTBY). The closing...
IPA sells 339-unit multifamily asset in Southeastern Connecticut
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of The Ledges Apartment Homes, a 339-unit multifamily property in Groton, Connecticut. “The asset is extremely well positioned to benefit from the...
K & R Preservation acquires the 252 unit landmark apartments across Ulster and Greene...
K & R Preservation, a New York City-based affordable housing development firm owned and operated by its principals Francine Kellman and Brian Raddock, announced today the acquisition and planned rehabilitation of two senior apartment...
West Orange’s Edison Village ushers in contemporary, amenity-filled living in Essex County, NJ
Edison Village, Prism Capital Partners’ industrial-to-residential reimagining of the historic Thomas Edison Invention Campus, is ushering in a new brand of contemporary, amenity-filled living in Essex County, N.J. Encompassing 21 acres along Main Street...
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...
