Gebroe-Hammer Associates arranges $23m multifamily sale of Waterside Villas in Central Jersey
Within one of Middlesex County’s highest income-growth neighborhoods, Gebroe-Hammer Associates has arranged the $23 million sale of 100 Class-A apartment-home units at Waterside Villas, an upscale 55+ community located at 1 Overlook Dr., in...
JLL arranges $17.5 million loan for New Jersey apartment development
JLL Capital Markets announced that it has arranged $17.5 million in financing for the development of The Rail @ Red Bank, a 57-unit, Class A apartment project in Red Bank, Monmouth County, New Jersey.
JLL...
MassHousing commits $7.9 million in financing for new, 51-unit mixed-income rental housing community in...
MassHousing has committed $7.9 million in affordable housing financing to the non-profit The Neighborhood Developers (TND) for the construction of the 571 Revere Street in Revere. The MassHousing financing will allow The Neighborhood Developers...
GFI Realty trades Richmond Hill 36-unit multifamily building for $5.095 million
GFI Realty Services, LLC announced the $5.095-million sale of 86-21 112th Street, amultifamily building comprised of 36 units, located in the Richmond Hill section of Queens. GFI Realty Director Ohad Babo, and associate Yosef Magarefteh, also...
De Blazsio takes on landlords
Mayor Bill de Blasio of New York City has been in the news recently with comments he has made about bad landlords and his plan for an Office to Protect Tenants to deal with...
Griffith Pepdjonovic Group of Marcus & Millichap brokers the $2.3 million sale of suburban...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a 15-unit multifamily property located in Stoneham, Massachusetts. The 7,084-square-foot asset...
Multifamily investment stumbles in NYC in 2019
Low vacancy rate. Burgeoning population. Expensive real estate. The Big Apple’s multifamily market has always been the champion compared to the rest of the country, but the recently passed rent regulations have the city...
MassHousing closes on $11.2 million in financing for 52 units of affordable rental housing...
MassHousing has closed on a total of $11.2 million in affordable housing financing to WinnCompanies for the development of 22 new rental housing units and 30 new condominiums on the East Boston Waterfront. The...
JLL arranges $387.5 million sale of New York City multihousing community
JLL’s Capital Markets group announced that it has closed the sale of a $387.5 million multihousing community comprised of 408 market-rate units and 9,693 square feet of commercial space located at 685 1st Ave. in...
Griffith Pepdjonovic Group of Marcus & Millichap Brokers $5.3M Sale of Multifamily Property on...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a 20-unit multifamily property in Dorchester, Massachusetts, for $5,296,345 located at...
Class A mixed-use property in Metuchen, New Jersey, trades
JLL Capital Markets announced that it has completed the $29.6 million sale of The Hub at Metuchen, a Class A, transit-oriented mixed-use residential and retail property in Metuchen, Middlesex County, New Jersey.
JLL marketed the...
Greystone provides $10.8 million in Fannie Mae DUS financing for Minneapolis multifamily acquisition
Greystone, a leading national commercial real estate lending, investment and advisory company, announced it has provided a $10.8 million Fannie Mae Delegated Underwriting and Servicing (DUS) loan for the purchase of Brunsfield North Loop,...
MassHousing and MHIC Announce the Opening of the Equitable Developers Fund
MassHousing and the Massachusetts Housing Investment Corporation (MHIC) announced that funding applications are now open for the Equitable Developers Fund (EDF).
The $50 million Equitable Developers Fund is the largest publicly led financing program of...
CBRE arranges sale of 156-unit direct entry community in Marlborough, Mass for $59.2 million
CBRE announced that it has arranged the $59.2 million sale of The Orchards Apartments, a 156-unit direct entry garden style apartment community located at 3 Farmhouse Lane in Marlborough, Massachusetts.
CBRE Capital Markets’ multihousing experts...
CBRE sells Hanover Cambridge Park to Guardian Life
CBRE announced the sale of Hanover Cambridge Park located at 80 Cambridge Park Drive in Cambridge, Massachusetts, to Guardian Life.
CBRE Capital Markets’ multihousing experts Simon Butler and Biria St. John exclusively represented the seller,...
