Washington Property Company’s 8250 Solaire Georgia Avenue apartment building tops out
Washington Property Company (WPC) is celebrating the topping out of its latest luxury apartment community, Solaire 8250 Georgia Avenue. This amenity-rich 338-unit residence is located just two blocks from the Silver Spring (MD) Metro...
KRE Group and National Real Estate Advisors secure $210 million in financing for Jersey...
KRE Group, a full-service real estate investment and management company with more than five decades of experience, and National Real Estate Advisors, LLC (National), an investment manager specializing in build-to-core, today announced that they...
Preserving Affordable Workforce Housing in Maryland
Maryland-based The Severn Companies and nationally recognized Enterprise Community Investment Inc. (Enterprise) have partnered to acquire Ivy Crossing, a 99-unit multifamily property in Catonsville, MD. Ivy Crossing, built in 1947, provides vital affordable workforce...
Walters Group builds Cornerstone At Stafford construction underway on 100 premium income-restricted apartment homes...
Walters Group has begun construction of Cornerstone At Stafford, consisting of 100 income-restricted apartments for seniors (55+). The community, located at 120 Campbell Blvd., Manahawkin, is part of the large-scale Stafford Park redevelopment accessible...
Gebroe-Hammer Associates arranges sale of Plainfield, NJ multifamily portfolio for the second time in...
Gebroe-Hammer Associates has arranged the sale of a four-building multifamily portfolio located on Park Avenue and East 7th Street in the heart of Plainfield, N.J. The $6.4 million transaction was finalized by Adam Zweibel,...
Spirit Bascom Ventures acquires Hoboken, NJ multifamily property for $17.65 million
Spirit Bascom Ventures, LLC, a partnership between Irvine, California based The Bascom Group, LLC, and Stamford, Connecticut based Spirit Investment Partners, LLC acquired 1024 Clinton Street in Hoboken, New Jersey for $17.65 million. Spirit...
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,...