Russo Development opens second Kearny apartment community and closes on third
Kearny’s dramatic transformation from factory town to popular urban dwelling place continues with the opening of 280 units at Vermella West, the first phase of Russo Development’s 548-unit apartment community along the Passaic River....
CPC closes $100 million Freddie Mac SBL portfolio in New York City
The Community Preservation Corporation (CPC), a Freddie Mac Seller/Servicer and leading nonprofit housing and community revitalization finance company, announced the closing of a $100 million portfolio under the Freddie Mac Small Balance Loan (SBL)...
Jonathan Rose Companies and the NHP Foundation acquire Shore Hill Housing in Brooklyn, NY
Jonathan Rose Companies, LLC, one of the country’s leading developers and investors in sustainable, affordable and mixed-income multifamily real estate, The NHP Foundation (NHPF), a national not-for-profit leader in providing quality affordable housing to...
The Community Preservation Corporation launches financing guide for small multifamily building projects
The Community Preservation Corporation (CPC), a leading nonprofit affordable housing and community revitalization finance company, announced the launch of Start Small: A guide to financing small multifamily building projects. CPC created this straightforward guide...
Riverside Capital adds to investments in Camden, NJ
Riverside Capital, LLC (Riverside) is pleased to announce it has invested $15.5 million in Branch Village Townhomes, the second of a planned four-phase redevelopment of the Clement T. Branch public housing community in the...
Jonathan Rose Companies arranges financing to complete revitalization of grace west manor in Newark,...
Jonathan Rose Companies, LLC, one of the country’s leading developers and investors in sustainable, affordable and mixed-income multifamily real estate, announces a new Low Income Housing Tax Credit (LIHTC) Partnership that will utilize approximately...
Hello Living expands portfolio through Manhattan acquisition
Hello Living, a full-service real estate development firm based in Brooklyn, announced today the acquisition of 4650 Broadway, the firm’s first Manhattan development project. GreenbergFarrow has been retained as the Architect of Record for...
The Community Preservation Corporation celebrates $10 billion invested in communities since 1974
The Community Preservation Corporation (CPC), a leading nonprofit affordable housing and community revitalization finance company, was joined by hundreds of its borrowers, lending and government partners and others to celebrate the company having deployed...
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...
