Category : Residential

Greystone, a leading national commercial real estate finance company, has provided $15,656,000 in Freddie Mac Optigo® financing to acquire a 208-unit multifamilyproperty in Indianapolis, Indiana. The financing was originated by Miryam Reinitz-Kops, Vice President in Greystone’s New York office. George Tikijian of Cushman & Wakefield acted as correspondent on the...

Station Companies announced today that sales have officially launched at 14 Second Avenue, a boutique luxury condominium building featuring 10 full-floor residences with private elevator access in downtown Manhattan’s most vibrant neighborhood – the East Village. The building is designed by Hustvedt Cutler Architects and the façade is designed by Garrison Architects. 14 Second Avenue...

TerraCRG and Rosewood Realty, have brokered the $34,926,000 sale of 50 North 1st Street, a 46-unit multifamily building in Williamsburg, to Reda Capital. Daniel Lebor and Matt Cosentino of TerraCRG along with Aaron Jungreis, Ben Khakshoor, and Alex Fuchs from Rosewood Realty exclusively represented the Kushner Companies. “50 North 1st...

 Florida East Coast Realty (FECR), an integrated real estate development and management company with more than 60 million square feet of construction completed, has announced the sale of Suite 901 at its 2020 Ponce office condo building, located in Coral Gables, Florida. The price is $3.6 million or $780 per square...

BHI, a full-service commercial bank, announced that it has provided an $80 million construction loan to 200 East 20th St LLC. Owned by the Tidhar Group affiliate, the 200 East project is a development of a new condominium building located at 20th Street and Third Avenue in the Gramercy Park neighborhood of...

Today, representatives of CBRE, led by Jeff Dunne, Eric Apfel and Stuart MacKenzie, announced the $48.65 million sale of Reserve41, a 164-unit multifamily community in Norwalk, Connecticut. CBRE represented the seller, Norpointe LLC, a partnership led by Greenwich-based real estate investment firm, Belpointe. The team also procured the buyer, Yellowstone...

Standard Communities, a major national affordable housing developer and investor, has led a public-private partnership that acquired a 371-unit 100% affordable housing community in Chicago, IL. The total capitalization of the acquisition is approximately $46 million. Standard acquired Bryn Mawr Belle Shore Apartments, two mid-rise buildings with studio and one-bedroom...

 Alex Jaffa, a senior loan consultant with Eastern Union, has arranged a $78,575,000 loan to refinance a 1,017-unit portfolio of twelve multifamily properties consisting of eleven sites across nine New Jersey localities, along with one property in the Bronx. Eastern Union is one of America’s largest commercial real estate mortgage brokerages. The...

Northeast Private Client Group® (NPCG) has announced the sale of Broadway Living & The Elm in New Haven, CT. Senior VP, Investments Brad Balletto, along with Senior Associates Jeff Wright and Rich Edwards recently brokered the sale of a 145-unit, 100% market-rate Multifamily Apartment Portfolio in New Haven, Connecticut. Broadway Living has 101...

Ariel Property Advisors (Ariel) arranged the $33,600,000 sale of a portfolio comprised of six multifamily elevator buildings located at 111-119 Tudor Place, 1170-1176 Walton Avenue and 309 East 164th Street in the Concourse and Concourse Village sections of the South Bronx. An Ariel team led by Founding Partner Victor Sozio,...