Quin Sleepy Hollow, latest luxury rental community by JMF Properties, now open for ‘sneak...
Quin Sleepy Hollow, the premier luxury rental community that’s been rising along South Avenue in the emerging transit village of Plainfield, New Jersey, has opened its leasing office doors and is ready to turn...
JLL arranges $30 million financing for New Jersey multihousing property
JLL Capital Markets announced that it has arranged $30 million in financing for Ivy Lane, a 237-unit, garden-style multihousing community in Bergenfield, Bergen County, New Jersey.
JLL worked on behalf of the borrower, Tower Management...
$77.5 million financing secured for Philadelphia multihousing development
JLL Capital Markets announced that it has arranged $77.5 million in construction financing for a 279-unit, seven-story, luxury multihousing development with 8,449 square feet of ground-floor retail, located in the Northern Liberties neighborhood of...
$104.93 million financed for Long Island multihousing community
JLL Capital Markets announced that it has closed the $104.93 million financing of The Wel, a 260-unit, newly constructed, mid-rise multihousing community located in Lindenhurst, New York along the South Shore of Long Island.
JLL represented...
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 launches construction for 10 Green Street at Woodbridge Train Station
Prism Capital Partners this month launched construction for 10 Green Street at the Woodbridge train station. The five-acre redevelopment parcel, located at the corner of Rahway Avenue and Green Street in Woodbridge, will become...
JLL secures $585 million financing for mixed-use development in Boston
JLL’s Capital Markets group announced that it has arranged $585 million in construction financing for a mixed-use project consisting of 580,905 square feet of life sciences, retail and multihousing space in Boston, Massachusetts.
JLL worked...
Hospitals to housing
Martin credits her apartment in the new CAMBA Gardens II with helping her stay on top of her physical and mental health, and bond with neighbors.
“It’s a bridge back to life,” said Martin, who...
Gebroe-Hammer Associates arranges $9.72 million off-market multifamily portfolio sale in Central New Jersey
Gebroe-Hammer Associates has arranged the $9.72 million off-market sale of a three-property Middlesex County, NJ multifamily portfolio. The firm brokered the 53-unit transaction on behalf of the unnamed seller and procured the buyer, Golden...
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,...
Multihousing asset buy in North New Jersey financed for $54 million
JLL Capital Markets announced that it has arranged $54 million in acquisition financing for Montclair Residences at Bay Street Station, a 163-unit, transit-oriented multihousing community in the suburban New York City community of Montclair,...
PEEK Properties secures construction loan for Class A Opportunity Zone multifamily project in Orange,...
PEEK Properties (PEEK) has secured $9,750,000 in construction financing for the first of three new-construction Qualified Opportunity Zone (QOZ) multifamily properties in the City of Orange, N.J. PEEK, a commercial real estate investment, development...
Paredim Partners purchases Cambridge Oxford Apartments steps from Yale University
Paredim Partners LLC (Paredim) a premier owner operator of multifamily properties in the Northeastern United States, is pleased to announce the acquisition of Cambridge Oxford Apartments, a boutique apartment complex located in the heart...
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,...
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...
