Deals & Dealmakers
Bustling US apartment market enters 7th year of expansion
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According to the 2016 U.S. Multifamily Investment Forecast report released by Marcus & Millichap, the U.S. apartment market is poised for another year
Debt & Equity
Abatement deal brings fresh money, more apartments to Greenpoint
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Pembrook Capital Management closed a $2.256 million second mortgage loan to finalize construction of a 21,341 s/f mixed-use property located at 144-146
Deals & Dealmakers
$59M deal will fund new Mount Vernon apartment tower
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Alexander Developer Group and their joint venture partners the Bluestone Organization and JP Morgan Asset Management have secured a $59 million loan to
Deals & Dealmakers
Blackstone ‘experiment’ to reconfigure Stuy Town apartments draws ire of tenants
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By Sabina Mollot Blackstone has embarked on an “experiment” with 115 vacant apartments in Stuyvesant Town and Peter Cooper Village. The owner of the 11,000-unit
Deals & Dealmakers
GDC Properties closes on $106M deal for Connecticut apartments
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GDC Properties closed on a $105.9 million deal earlier this week for an apartment community in Norwalk, Connecticut. Represented by the in-house team of
Deals & Dealmakers
Luxury apartments to replace factory building at 22-02 Astoria Blvd.
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A factory in Astoria, Queens will soon give way to a five-story luxury apartment building. Photo via Google Street View According to a permit application
Debt & Equity
MLK Real Estate Capital arranges bridge loan for Connecticut apartment complex
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MLK Real Estate Capital arranged $18.75 million in bridge financing for the acquisition and renovation of New Cambridge Apartments, a 208-unit, four-building
Featured
Sales, prices fell in first quarter 2018 as market adjusts to tax reform
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Manhattan apartment sales hit a six-year low last quarter and the average transaction price fell to its mark in nearly a decade. Brokers and market trackers
Deals & Dealmakers
JMH ditches Long Island City hotels, now eyes mixed-use apartment building
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JMH Development has abandoned its plan to build a five-story, 289-key luxury hotel project in Long Island City. Instead, it will use the same property
Construction & Design
Ground broken for 68-unit tower to house formerly homeless
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New York City-based nonprofit organization The Doe Fund has broken ground for 68 units of affordable and supportive housing at 3188 Villa Avenue, in the
Construction & Design
Ground broken for 68-unit tower to house formerly homeless
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New York City-based nonprofit organization The Doe Fund has broken ground for 68 units of affordable and supportive housing at 3188 Villa Avenue, in the
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Sales, prices fell in first quarter 2018 as market adjusts to tax reform
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Jul 11, 2018 • 0 • 0