New England region

Gebroe-Hammer Associates has arranged the $32.55M sale of 100 fully occupied COAH and market-rate multifamily units at Woodmont Square Apartments, a newly constructed Class-A community in Bridgewater, N.J. The brokerage team of Greg Pine,...

Larken Associates, a regional leader in real estate building, development and management, announces the acquisition of The View at Mackenzi, a 224-unit apartment community, located at 2035 Patriot Street in York, Pa. Located less than...

Walters Group has begun construction of Cornerstone At Stafford, consisting of 100 income-restricted apartments for seniors (55+). The community, located at 120 Campbell Blvd., Manahawkin, is part of the large-scale Stafford Park redevelopment accessible...

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,...

In an off-market transaction, The Donaldson Group of Rockville, MD, New York-based Declaration Capital, and New York-based Angelo, Gordon have acquired Plaza Towers Apartments, a 288-unit high rise apartment community located in Hyattsville, Maryland....

Related Companies and The Hudson Companies today announced the topping out of Riverwalk Park, a 100 percent affordable, 340-unit building at 460 Main Street on Roosevelt Island. Related and Hudson broke ground on the...

In November 2018, election ballots in California might include a question on rent control. Right now, California law restricts the spread of rent regulations on housing built after 1995, in addition to many older...

RED Mortgage Capital, the lending arm of ORIX Real Estate Capital, LLC, announces the closing of a $60 million, 18 property portfolio in Union City, N.J. through the Freddie Mac OptigoSM Small Balance Loan...

Gebroe-Hammer Associates has arranged two separate multi-family property sales for a combined $15.75 million totaling 72 units across Union County, N.J. The trades were orchestrated by Executive Vice Presidents Niko Nicolaou and David Jarvis...

The shift away from ownership housing is being repeated across the country, said Douglas M. Bibby, president of the National Multi Housing Council. "In 2008 everything started falling apart," he said. "In the two previous...

CBRE announced the completion of the $182 million sale of Hanover North Cambridge, a 294-unit luxury apartment complex located adjacent to the MBTA Alewife Station in Cambridge, Massachusetts. Completed in 2022, the newly developed residential community was acquired by a fund advised by Goldman Sachs Asset Management from The Hanover Company and its institutional partner. Ideally located in the number one life sciences market in the world that is home to more than 32 million sq. ft. of office space, as well as renowned universities Harvard and MIT, Hanover North Cambridge boasts one of the market’s most impressive apartment and amenity packages. The recently completed property is LEED Gold Certified and boasts over 26,000 sq. ft. of indoor and outdoor amenity space including 7,067 sq. ft. of retail space housing a vibrant Caribbean inspired full-service restaurant. Additional amenities include a grand lobby with a reception area; meeting spaces and leasing offices; modern resident club room with an oversized screen; lounge seating and shuffleboard; a co-working lounge with banquette and communal seating; USB connectivity and private meeting space; and a 24-hour state-of-the-art fitness center featuring Echelon Reflect Touch Mirror & Smart Connect Bikes. Providing the perfect work/life balance, the brand-new apartment homes offer four different custom kitchen finishes and unrivaled amenities. In addition, the community is built over a podium offering two levels of covered garage parking. “Hanover North Cambridge is one of the premier residential properties in the heart of one of the country’s top biotech hubs in Cambridge,” said Mr. Butler. “The acquisition provided the buyer an opportunity to own a best-in-class building in the neighborhood, given its ideal location and exclusive lifestyle amenities as well as a tremendous upside in lease-up due to climbing rents in the area.” The CBRE Capital Markets team of Simon Butler, Biria St. John, John McLaughlin, and Brian Bowler led the transaction team in marketing the property and exclusively represented the seller in the negotiations.

In Paterson, which continues to evolve from its industrial roots into a dynamic urban-core municipality, Gebroe-Hammer Associates Senior Vice President Debbie Pomerantz has arranged the $22.75M sale of a 118-unit multifamily hi-rise in the...

The U.S. Department of Housing and Urban Development (HUD) today announced it is charging a New York property owner and manager with housing discrimination. HUD alleges that James W. Ray Jr., Jim Ray Homes, Inc.,...

Jonathan Rose Companies, LLC, one of the country’s leading developers and investors in sustainable, affordable and mixed-income multifamily real estate, announces a new Low Income Housing Tax Credit (LIHTC) Partnership that will utilize approximately...

The tenant association hopes to convert the adjacent complexes, with 11,232 apartments, into a condominium or cooperative under a plan in which residents could buy their apartments or remain as rent-regulated tenants. In what...