Category : Residential

Rockabill, a leading consultant and development partner for the affordable and supportive housing industry, today announced that it has secured $89 million on behalf of Catholic Homes New York, a division within Catholic Charities of the Archdiocese of New York, to finance the creation of 126 affordable homes, including 63 units...

NOVO LIC, featuring new condominium residences in the sought-after Dutch Kills neighborhood in Long Island City, Queens, is sold out in only ten months. With 65 one- and two-bedroom apartments across two seven-story buildings priced from $659,000, NOVO LIC offers buyers superior value for brand new construction with stunning design integrated with a...

The Westchester County Industrial Development Agency (IDA) voted at its July 27th monthly meeting final approval of financial incentives for Modera White Plains, an $89.2 million adaptive reuse of a vacant light manufacturing facility into a 189-unit multifamily rental building. Westchester County Executive George Latimer said: “Modera White Plains is...

KeyBank Community Development Lending and Investment (CDLI) provided $46.4 million for the construction of new permanent supportive housing in Los Angeles, CA, which has the nation’s largest homeless population. The sponsor of the project is The Prime Company, a giving focused, vertically integrated multi-family development firm that designs, builds, and...

GFI Realty Services, LLC today announced the $115-million sale of Addison at Princeton Meadows, a 440-unit garden apartment complex, located at 2821 Pheasant Hollow Drive in Plainsboro, NJ.  The GFI team of Allan Szlafrok, Eli Maryl, Ohad Babo, and Michael Weiser advised the buyer, Colony Hills Capital, in this transaction.  The seller...

JLL Capital Markets announced today that it closed on the sale of Addison at Princeton Meadows, a 440-unit, garden-style multi-housing community located in Plainsboro, New Jersey. JLL worked on behalf of the seller, a joint venture between the real estate business within Goldman Sachs Asset Management and Kushner Real Estate Group....

 Gebroe-Hammer Associates has arranged the sale of a 126-unit, garden-apartment community with generational ownership of 40+ years in Union County, N.J.’s City of Elizabeth. Executive Vice President Stephen Tragash exclusively represented the seller and procured the buyer, a long-time client of the firm, in the trade of Chilton Hall Apartments in...

To adequately heat the 111 Murray Street residential skyscraper in New York, the owner sought an effective way to maintain the aesthetic of the mostly glass building without being obtrusive to its design. Custom convection style heaters, mounted in the building’s millwork by Faber Industrial Technologies, proved to be the...

Fortis Property Group today announced that Olympia Dumbo is now over 50% sold.  Ideally situated near the highly coveted Brooklyn waterfront, Olympia symbolizes Dumbo’s evolution into one of the borough’s most sought after residential neighborhoods. Generating tremendous buyer demand since it launched sales, the building appeared in market reports as Brooklyn’s #1 priciest condo contract...

KeyBank Real Estate Capital (KBREC) arranged a $74.6 million Freddie Mac non-recourse, first mortgage loan secured by 628-unit garden style apartment complex known as Lakes at 8201 located in Merrillville, IN.   Built between 1992 to 1993, the apartment complex consists of 628, 1- 2- and 3-bedroom units in 20 residential...