MassHousing closes on $2.8 million in financing for new workforce housing in Northampton
MassHousing has closed on $2.8 million in affordable workforce housing financing to The Community Builders for the ongoing construction of the 12-unit 35 Village Hill Road in Northampton. Valley Community Development Corporation is the...
The Annex Group’s Tom Tomaszewski joins NAHB Multifamily Council Board of Trustees
The Annex Group, LLC, a leading student and affordable housing developer, is pleased to announce the appointment of Tom Tomaszewski, chief operating officer of The Annex Group and president of Annex Construction, as a...
Buildings with a past
New York has always been a place where people could start over, reinvent, try something new.
Buildings have been no different.
Perhaps from the moment somebody turned a stable in colonial Manhattan into a crash pad,...
MassHousing is Providing $19.2M in Financing for 62 New Affordable and Workforce Rental Homes...
MassHousing is providing $19.2 million in affordable and workforce housing financing to Pennrose, LLC for the redevelopment of Cape Cod Five Bank’s former operations center in Orleans into 62 new affordable workforce rental homes...
Riverside Capital adds to investments in Camden, NJ
Riverside Capital, LLC (Riverside) is pleased to announce it has invested $15.5 million in Branch Village Townhomes, the second of a planned four-phase redevelopment of the Clement T. Branch public housing community in the...
CertainTeed® Siding Boasts a Bold, Modern Look with Four New Colors
By popular demand, CertainTeed introduces four rich, bold shades – Midnight Blue, Slate, Espresso and Castle Stone – to provide even more mix-and-match color options to many of the popular vinyl siding profiles, including Monogram®, Restoration...
Champion Real Estate Company acquires Campus Hill Apartments near Syracuse University for $65 million
Champion Real Estate Company (Champion), announced that it has acquired Campus Hill Apartments, a 267-unit, 715-bed student housing community with a central leasing office located at 1201 Harrison Street in Syracuse, New York for...
Institutional Property Advisors brokers $63 million newly constructed luxury apartment complex sale in Windsor...
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Preserve at Great Pond, a newly constructed, 230-unit luxury apartment complex in Windsor, Connecticut. The property sold for $63 million.
“The...
JLL arranges $350 million capitalization for the construction of trophy residential tower in Long...
JLL’s Capital Markets group announced that it has arranged a $350 million debt and equity capitalization for the development of The Italic, a to-be-built, 363-unit, luxury mixed-use community located at 26-32 Jackson Ave. in...
Construction is underway at Clarus Glen Ridge luxury rental community
Clarus Glen Ridge, the luxury rental community in the historic Borough of Glen Ridge, is now under construction, developer JMF Properties announced today.
Located on Baldwin Avenue, just a short walk from downtown Montclair and steps...
Two-building mixed-use portfolio in New York’s East Midtown fetches $41.5 million
JLL Capital Markets has announced the $41.5 million sale of 959-961 Second Ave. and 246 East 46th St., a 105-unit, two-building portfolio in the East Midtown neighborhood of New York City.
JLL arranged the sale...
Institutional Property Advisors closes apartment asset sale in New Haven Connecticut
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of West Gate Townhomes, a 135-unit multifamily asset in New Haven, Connecticut.
“West Gate Townhomes is a unique asset offering spacious suburban...
GFI Realty Services arranges $3.55 million sale of two adjacent mixed-use Crown Heights buildings
GFI Realty Services, LLC announced the $3.55-million sale of 563-565 Nostrand Avenue, two adjacent three-story mixed-use buildings consisting of eight free market apartments and two ground floor retail units, located in the Crown Heights...
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...