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...
Eastern Union Funding closes over one billion dollar first quarter
Eastern Union Funding, one of the nation’s leading commercial real estate mortgage companies, announced today that it closed over $1 billion of commercial real estate loans in the first quarter of 2018. The CRE...
Upper East Side multihousing development site sells for $32.325 million
JLL Capital Markets announced that it has completed the $32.325M sale of 1303-1309 Third Ave., a premier corner development site on New York City’s Upper East Side.
JLL worked on behalf of the seller Gastonia,...
New Jersey multihousing community secures $11 million financing
JLL Capital Markets announced that it has arranged $11 million in permanent financing for Rahway Plaza Apartments, a two-building, 288-unit high-rise apartment community located in downtown Rahway, New Jersey.
JLL represented the borrower, Denholtz Properties,...
Just what the doctor ordered
The architect for these model tenements, Henry Atterbury Smith, rethought the whole window idea, not only getting light and air inside the apartments, but also getting the tenants outside.
At the turn of the last...
JLL arranged the $176 million construction financing for new mixed-use Gowanus development
JLL Capital Markets announced that it has arranged $176 million in construction financing for 420 Carroll St., a ground-up development of a 360-unit, Class A multihousing property in the rezoned Gowanus neighborhood of Brooklyn.
The...
First residences in Phase I of redevelopment at historic Edison Factory begin to move...
Alexander Howze, a longtime resident of West Orange and the surrounding area, has watched the industrial-to-residential redevelopment of the historic Edison Factory from the very start. Now, as one of the first residents of...
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...
Gebroe-Hammer Associates arranges $25.5+ million sale of Class A multifamily portfolio concentrated in Woodbridge...
Gebroe-Hammer Associates has arranged the $25.5+M sale of a Class A multifamily portfolio involving 87 luxury apartment-home and townhome rental units, the majority of which are concentrated in Woodbridge Township’s Avenel and Colonia neigborhoods....
Boston public housing community will undergo extensive renovation with $38.7 million in MassHousing financing
MassHousing has closed on $38.7 million in affordable housing financing to the non-profit Inquilinos Boricuas En Accion, Inc. (IBA), for the rehabilitation and preservation of the West Newton Apartments, a 146-unit public housing community...
You don’t always get what you want
Reilly’s building, the Windermere West End, a luxury rental, is one of several in the city that prohibit rent-regulated tenants from using new services like gyms, playrooms and rooftop gardens. Some co-op and condo...
In Baltimore, Under Armour’s owner makes a $5.5 billion bet on his city
It wasn’t just the luxurious look of the 128-room hotel that made news. The building, once featured on the television show Homicide, part of the string of true-crime dramas that have given many an...
Federal government reaches historic agreement with New York city housing authority to improve health...
U.S. Housing and Urban Development (HUD) Secretary Ben Carson today announced a historic agreement with the nation’s largest public housing authority to correct dangerous lead-based paint and other health and safety hazards. HUD, the...
