High Street Residential completes Matson Mill residential development outside Philadelphia
High Street Residential, the residential subsidiary of Trammell Crow Company, along with its partner, MetLife Investment Management, announced the completion of Matson Mill, a 280-unit apartment community outside of Philadelphia. The five-story property is...
FC acquires national footprint within Coldwell Banker Commercial Advisors and establishes Advisors Commercial Real...
First Capital today announced that it has acquired assets of Coldwell Banker Commercial Advisors, a privately held affiliate of Coldwell Banker Commercial, on March 31, 2018, for an undisclosed price. The acquisition combines FC’s...
Private vs. public property rights
Controlling housing rental rates is a classic example of the erosion of private property rights. Traditional rent controls specify a maximum rent that property owners legally may charge for use of their dwelling. Further,...
$9.8 million in financing secured for Jersey City multihousing development
JLL Capital Markets announced that it has arranged $9.775 million in construction financing for One Mallory, a 44-unit, seven-story luxury multihousing development at 70 Fisk Street in Jersey City’s West Side.
JLL represented the borrower,...
$136 million trade of Class A multihousing portfolio on Long Island closes
JLL Capital Markets announced that it has closed the $136 million sale of a multihousing portfolio consisting of two Class A communities totaling 316-units in West Hempstead and Hempstead, New York.
JLL marketed the properties on...
$46.5 million financing secured to develop Fishtown Kensington Village in Philly
JLL Capital Markets announced it has arranged a $46.5 million construction loan for the development of Fishtown Kensington Village, a 297-unit multihousing property located in Philadelphia, Pennsylvania.
JLL worked on behalf of the borrower, an...
Affordability extended for lower-income senior citizens and families at Stoneham Housing Community as a...
MassHousing has provided $32.7 million in affordable housing financing to an affiliate of Atlantic Tambone Management, LLC to preserve and extend the affordability for lower-income senior citizens and families for at least 31 years at the 194-unit Mountain...
CBRE arranges $77 million sale of 305-unit historic renovated Mill Apartment Community in Haverhill,...
CBRE announced that it has arranged the $77 million sale of Hamel Mill Lofts, a 305-unit historic renovated mill apartment community located at 40 Locke Street in Haverhill, Massachusetts.
CBRE Capital Markets’ multi-housing experts Simon...
Gelfund Real Estate Opportunities buys Baltimore apartment property for $30 million
Transwestern Real Estate Services (TRS) announces its Mid-Atlantic Multifamily Group has brokered the sale of Milford Station Apartments, a 200-unit, value-add investment property at 19 Warren Park Drive in Pikesville, Maryland. Real estate investment...
CBRE Arranges $74 Million Sale of 225-Unit Multifamily Community Talia Apartments in Marlborough
CBRE announced the completion of the $74 million sale of Talia Apartments, a 225-unit luxury apartment community located in Marlborough, Massachusetts within the dynamic MetroWest employment market. This residential community was acquired by a...
MassHousing to provide $5.2 million in financing for new affordable rental housing for families...
MassHousing is providing $5.2 million in affordable housing financing to the non-profit Way Finders, for the development of the 62-unit Rosewood Way Townhomes for families with a range of incomes in Agawam.
Located in Agawam’s...
Parkview Financial provides $30 million construction loan for 12-story apartment building on Manhattan’s Lower...
Parkview Financial announced it has provided a $30 million construction loan to 63 Pitt Street, LLC for the construction of a 12-story, 59-unit, 40,773-square-foot (sf) apartment building located at 63 Pitt Street in New...
Chelsea Building Products welcomes Rick Rominger to the sales and marketing team
Chelsea Building Products is pleased to announce the addition of Rick Rominger as Product Manager – Specialty Products.
In his new role, Rick will be managing, developing, and improving Chelsea’s complete line of specialty products,...
Philadelphia passes right to counsel law
On Thursday, November 14, the Philadelphia City Council passed bill 190386 giving low-income residents the right to be represented by an attorney paid for by the city in the event that they are facing...
Stop the press: print shop goes condo
But the dream faded at Printing House—along with dozens of other 1980s condos in New York-as the real estate market entered a long slump. Much of the building, already rentals, have been rented out...
