Class A Livingston New Jersey multihousing development secures $49.7 million construction loan
JLL Capital Markets announced that it arranged a $49.7 million construction loan for Highgate at Livingston (Highgate), a 169-unit, mid-rise, Class A, luxury apartment development located in Livingston, New Jersey. JLL worked on behalf of...
GFI Realty trades Brooklyn 23-unit multifamily building for $3.250 million
GFI Realty Services, LLC announced the $3.250-million sale of 1113 Avenue O, a multifamily building comprised of 23 units located in the Midwood section of Brooklyn. GFI Realty Senior Managing Director Matthew Sparks, represented the seller...
JLL arranges $520 million capitalization for waterfront mixed-use development in Brooklyn
JLL’s Capital Markets group announced that it has secured the $520 million capitalization for the development of Sackett Place and Society Brooklyn, an under-construction, two-tower, 21-story luxury waterfront mixed-use community with 517 multihousing units...
$97.25 million in financing secured for luxury New Jersey multihousing community
JLL Capital Markets announced that it has secured the $97.25 million financing for Vinty, a 267-unit, Class A, mixed-use development in Elizabeth, New Jersey. JLL worked on behalf of the borrower, LeCesse Development Corporation and...
Ariel Property Advisors arranges sale of Sea Park affordable housing portfolio in Coney Island
Ariel Property Advisors (Ariel) announced the sale of the Sea Park affordable housing portfolio, consisting of three multifamily properties and one development site, all located in the Coney Island section of Brooklyn, NY. The...
GFI Realty trades Richmond Hill 36-unit multifamily building for $5.095 million
GFI Realty Services, LLC announced the $5.095-million sale of 86-21 112th Street, amultifamily building comprised of 36 units, located in the Richmond Hill section of Queens. GFI Realty Director Ohad Babo, and associate Yosef Magarefteh, also...
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...
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...