Denholtz Properties bolsters Southeastern multifamily capabilities with key new hire
Denholtz Properties, a leading commercial real estate investment and development company, announces the hiring of Derek Janney as Multifamily Regional Manager for their southeastern multifamily portfolio. The addition of Janney strengthens Denholtz Properties’ significant...
Griffith Pepdjonovic Group arranges the $2.3 million sale of Kingswood Apartments in Foxborough
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of the Kingswood Apartments, a 15-unit multifamily offering located in Foxborough, Massachusetts,...
CBRE arranges sale of The Prescott at Concord, a 350-unit luxury apartment community in...
Representatives of CBRE, led by Simon Butler, Biria St. John, John McLaughlin, and Brian Bowler announced the sale of The Prescott at Concord, a 350-unit apartment community in Concord, Massachusetts. CBRE represented the seller, an...
Marcus & Millichap arranges the sale of an apartment building in New York for...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a 93-unit apartment property located in New York, New York. The...
Progress for NYCHA
The growing plan to save NYC’s public housing is heating up. In 2023, workers will finish renovations at thousands of public housing apartments in New York City. That might sound like a lot—but it’s just a...
Old school, new life
An abandoned school—and neighborhood eyesore—in Pennsylvania has been renovated and rehabbed into a viable piece of real estate once again. It has happened thanks to a trio of business partners and now friends in Homestead,...
460-unit sale of multihousing community between Buffalo and Niagara Falls, NY trades
JLL Capital Markets announced that it has closed the sale of Town Hall Terrace, a 460-unit multihousing community located in Grand Island, New York. JLL marketed the property on behalf of a private owner who...
WinnCompanies secures funding for $137 million rehab of the historic Pines of Perinton affordable...
WinnCompanies, an award-winning national developer and manager of affordable, mixed-income and market rate apartment communities, today announced it has secured the funding for a comprehensive, $137 million rehabilitation of the Pines of Perinton in...
Standard Communities acquires Canton Estates Apartments in Massachusetts
Standard Communities, a major national affordable housing investor and developer, has acquired Canton Estates Apartments, a naturally occurring affordable housing family community in Canton, MA. The total capitalization of the transaction is approximately $18...
Institutional Property Advisors closes 518-unit Central Connecticut multifamily portfolio sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of a two-property, 518-unit multifamily portfolio in Middletown, Connecticut. “Located between Hartford and New Haven, Middletown draws residents from employment centers in...
$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...
CBRE arranges $7.8 million sale of 204-unit development site in Farmington, Connecticut
Representatives of CBRE, led by Jeff Dunne, Simon Butler, Biria St. John, Eric Apfel, Stuart MacKenzie, John McLaughlin, and Brian Bowler announced the $7.8 million sale of a 204-unit multifamily development site in Farmington,...
JLL Capital Markets welcomes Leigh Poulton to its multihousing investment sales and advisory team
JLL Capital Markets announced that it has welcomed Director Leigh Poulton to its multihousing investment sales and advisory team. Poulton sits in the Pittsburgh office and reports to Senior Managing Directors Mark Popovich and Nick Matt,...
TCC/HSR hires SVP for multifamily development in New York metro market
The Northeast Metro office of Trammell Crow Company (TCC), a global commercial real estate developer, and its residential subsidiary, High Street Residential (HSR), have hired Michael Adamo as Senior Vice President. In his new...
$11.9 million sale of two historic multifamily properties in prime East Orange location
Gebroe-Hammer Associates’ Executive Managing Director and East Orange market specialist David Oropeza has brokered the $11.9 million sale of 17 Summit Street and 60 North Arlington Avenue Apartments, two historic East Orange residential properties...