Tag: Brooklyn
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...
JLL arranges $140 million construction financing for latest mixed-use Gowanus development
JLL Capital Markets announced that it has arranged $142 million in construction financing for Majestic, a ground-up, Class A mixed-use development with 255 multihousing...
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...
The Dermot Company purchases The Addison in Downtown Brooklyn
JLL Capital Markets has closed the sale of The Addison, a two-building, 271-unit luxury apartment rental property with three ground-floor retail spaces located at...
Parkview Financial provides $66 million construction loan for the development of a 131-unit apartment...
Parkview Financial announced it has provided a $66 million construction loan to 57 Caton Place, LLC for the development of a nine-story 131-unit apartment...
Mid-rise apartment buildings sell for $116.2 million in Williamsburg, Brooklyn
JLL Capital Markets announced that it has closed the $116.2 million sale of 247N7, a 169-unit, 151,766-square-foot, two-building multihousing property located at 247 N....
Prophet Capital sells $88 million note on The Kent House in Williamsburg to Invictus...
JLL Capital Markets announced that it has arranged the sale of an $88 million non-performing loan secured by The Kent House, a new mixed-use...
Avery Hall’s One Boerum Place recapitalized for $176.45 million
JLL Capital Markets announced that it has arranged senior and mezzanine financing in the amount of $176.45 million for the recapitalization of One Boerum...
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...
GFI Realty Services arranges the $4.330-million sale and acquisition financing of 21-unit Brooklyn elevator...
GFI Realty Services announced the $4.330-million sale of 665 St. Marks Avenue, an elevator building comprised of twenty-one units located in the Crown Heights section of...
GFI Realty trades Bath Beach 30-unit multifamily building for $7.225 million
GFI Realty Services, LLC announced the $7.225-million sale of 8678 Bay Parkway, a four-story walk-up, 30-unit multifamily property located in the Bath Beach section...
Mixing it up
The mostly urban projects that captured the judges’ votes echo a popular and growing trend—the inclusion of ground-floor retail and dining establishments that add...
Uptown living, downtown budget
“I would say it’s the most social building I’ve ever seen,” said Daniel Ellch, a tenant. That’s by design: The developer, Property Markets Group...
