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City taps team to turn Astoria parking lot into senior housing
07
The New York City Department of Housing Preservation and Development (HPD) today announced the selection of a development team, HANAC and Mega Development
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$22M Long Island seniors community trades
05
Terwilliger & Bartone Properties has sold the 98-unit senior housing development The Cornerstone Hauppauge to a joint venture between two institutional partners.
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Rockport closes on $74M refi’ to upgrade Queens senior housing
07
Rockport Mortgage Corporation has closed a $74.5 million FHA Section 223(f) refinancing loan for Israel Senior Citizen Housing I and II, a 512-unit HUD-subsidized
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Fairstead secures financing to convert former hotel
07
Fairstead has closed on over $79 million in financing to convert the former hotel building at 117 West 79th Street into affordable housing for seniors.
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Engle Burman delivers luxury to LI seniors
05
Residents of Long Island’s first luxury senior rental community in Jericho join principals of Engel Burman as they celebrate the grand opening of Encore Luxury Living.
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New Development: Sales launch at LIC waterfront condo
06
● 47-27 5th Street LLC Sales launch at LIC waterfront condo Sales have launched for 8 on 5th, a new building designed with sustainability in mind
Deals & Dealmakers
JLL team makes $47M assist
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The 80th Street Residence JLL Capital Markets experts have arranged a $47.5 million loan to refinance The 80th Street Residence, an assisted living facility
Deals & Dealmakers
$68M Capitol loan closed by Greystone team
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CAPITOL APARTMENTS Greystone has provided a $68,500,000 Fannie Mae Delegated Underwriting and Servicing (DUS) loan to refinance a Section 8 seniors housing
Deals & Dealmakers
$68M Greystone loan will protect affordable housing for seniors
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Greystone has provided a $68,500,000 Fannie Mae Delegated Underwriting and Servicing (DUS) loan to refinance a Section 8 seniors housing property.
Deals & Dealmakers
Seniors get cold shoulder as real estate iconʼs charity shuts home
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Seniors living with a charity founded by real estate icon Leonard Stern are facing a Christmas nightmare after being told their home was closing.
Deals & Dealmakers
Senior housing next for rent regulation overhaul?
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A rapidly growing population of urban seniors is giving some investors gray hair. Fears are brewing that if developers can’t meet demand from a ‘silver
Deals & Dealmakers
Jonathan Rose JV buys Brooklyn senior housing property
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Jonathan Rose Companies, The NHP Foundation (NHPF) and Nuveen, the investment manager of TIAA, have acquired Shore Hill Housing, a two-building, HUD senior