Category : Residential

TerraCRG, Brooklyn’s leading commercial real estate brokerage firm, has closed on the $4,400,000 sale of 5102 5th Avenue in Sunset Park. TerraCRG Partner Matt Cosentino and Senior Associate Rémi Norris exclusively represented the seller on the deal. The 4-story, 7,600-square-foot property features 4 free-market apartments, 2 retail spaces, an office space, and...

DLP Capital, a private real estate investment and financial services firm, announced that it has broken ground on a new 194-unit multifamily rental community in Palatka, a city in northern Florida that is of growing interest to regional workforces. Palatka is 30 miles inland from the historic city of St....

Rosenberg & Estis, P.C. announced it will conduct a three-part webinar series for 421-a property owners. The series will be hosted by Daniel M. Bernstein, a Member and Leader of the firm’s Tax Incentives & Affordable Housing Department and an expert in the program that provides a critical property tax...

Newmark announces it has arranged the sale of Centerra Apartments, a 347-unit apartment tower located in San Jose, California. The asset sold for an undisclosed amount. Newmark Vice Chairman Scott Bales and Senior Analyst David Hosler represented the seller,AFL-CIO Building Investment Trust, advised by PNC Realty Investors. Newmark Vice Chairman...

Alpha Realty is pleased to announce the sale of 792 Sterling Place in the Crown Heights section of Brooklyn which traded at $24,000,000 in an off market transaction.  Managing Principal Lev Mavashev, represented both parties in the transaction.  This is the first sale of the building since the site was...

 JLL Capital Markets announced today that it has arranged $26.3 million in construction financing for The Somerset at Montgomery, a luxury, 115-unit multi-housing development in Montgomery, New Jersey. JLL represented the borrower, Country Classics, to secure a three-year, floating-rate construction loan through a Regional Bank. Upon completion, The Somerset at Montgomery will...

Cottonwood Group (“Cottonwood”), a private equity real estate investment firm, is pleased to announce that it has acquired two multifamily properties in Las Vegas, including The Boulevard, which has subsequently been rebranded Summit on Nellis, located at 3050 S Nellis Blvd., and The Quinn, located at 5500 S Mountain Vista Street. Cottonwood acquired...