Category : Residential

CBRE Announces $116.5 Million Sale of Hudson Lights in Fort Lee, NJ
Residential

CBRE Announces $116.5 Million Sale of Hudson Lights in Fort Lee, NJ

REW
by REW6269
CBRE announced today the $116.5 million sale of Hudson Lights, a 276-unit Class A apartment community located in Fort Lee, NJ. The CBRE team, led by Jeff Dunne, Stuart MacKenzie, Eric Apfel, Zach McHale, Fahri Ozturk, Richard Gatto, and Travis Langer, represented the seller while also procuring the buyer, a...
JAG Management Tapped by Penzance for Brandywine Green Lease-Up
Residential

JAG Management Tapped by Penzance for Brandywine Green Lease-Up

REW
by REW5440
JAG Management Company, the third-party management division of Jefferson Apartment Group, has assumed management of Brandywine Green—a luxury multifamily community in Brandywine, Maryland—on behalf of owner Penzance. This new 243-unit Class A community, formerly Allora Crossing, was developed by TrammelCrow Residential and is owned by Penzance. The project delivered this...
Construction Has Begun on $44 Million Housing Development for Seniors in Yonkers, NY
Residential

Construction Has Begun on $44 Million Housing Development for Seniors in Yonkers, NY

REW
by REW2818
Governor Kathy Hochul has announced that construction has begun on a $44 million development that will create 60 energy efficient and affordable homes for seniors in South Yonkers. Known as La Mora Senior Apartments, the development replaces a blighted property with a sustainable building with modern features. A groundbreaking ceremony...
Foulger-Pratt Breaks Ground on Paxton, Launches Affordable Housing Division
Residential

Foulger-Pratt Breaks Ground on Paxton, Launches Affordable Housing Division

REW
by REW2715
Foulger-Pratt and its partners broke ground today on Paxton, a 148-unit, 160,000 square-foot market-rate quality all-affordable apartment community located at the intersection of Benning Road NE & 16th Street NE. The development is a collaboration between real estate developer Foulger-Pratt and Enduring Affordable Housing Corporation. The $101 million project includes financing...
Logistics Property Co. Breaks Ground on Chicago’s First Multistory Warehouse
EventsResidential

Logistics Property Co. Breaks Ground on Chicago’s First Multistory Warehouse

REW
by REW2499
On October 6, Logistics Property Company, LLC (LPC) celebrated the groundbreaking of1237 W. Division, the first multi-story warehouse in Chicago. The ceremony included keyspeakers Aaron Martell, Executive Vice President of LPC, Sean Walsh, President of WalshConstruction, Larry Huggins, Founder & President of Riteway-Huggins Construction, JimMartell, Chief Executive Officer of LPC...
Redwood Realty Sells N.J. Apartment Complex for $13,250,000
Residential

Redwood Realty Sells N.J. Apartment Complex for $13,250,000

REW
by REW3043
Redwood Realty Advisors is pleased to announce the completed sale of Oak Ridge Gardens, a 78-unit garden apartment community in Clifton, N.J. A private investor purchased the asset for $13,250,000 or $169,871 per unit. Oak Ridge Gardens is centrally located in a residential community in Passaic County, a bedroom community for...
Adelaide Polsinelli Hired to Sell Package of SoHo Retail Condos
Residential

Adelaide Polsinelli Hired to Sell Package of SoHo Retail Condos

REW
by REW3225
Adelaide Polsinelli, Vice Chairman of Compass, a publicly traded, technology-driven, real estate platform, has been hired to sell a package of, 13,000 +/- square feet, of retail condos, located at 386-388 West Broadway and 387 West Broadway, also known as 37 Wooster Street, in the heart of Soho’s prime fashion...
$32.45M financing secured for New Jersey multi-housing development
FeaturedResidential

$32.45M financing secured for New Jersey multi-housing development

REW
by REW5424
 JLL Capital Markets announced today that it has arranged $32.45 million in construction financing for The Rail at Bound Brook, a to-be-constructed, 143-unit, mid-rise, transit-oriented, Class A apartment community located within an Opportunity Zone in Bound Brook, New Jersey. JLL represented the sponsorship, a joint-venture between Denholtz Properties and Redwood Real...
Churchill Provides $55 Million Loan on Moreno Valley Multifamily Project
Residential

Churchill Provides $55 Million Loan on Moreno Valley Multifamily Project

REW
by REW3408
Inland Empire based – Fairbrook Communities landed $55 million in construction financing from Churchill Real Estate for the development of Crystal Cove – a 192-unit multifamily project located on the southwest corner of Alessandro Blvd and Lasselle Street in Moreno Valley, CA. New York-based, Churchill Real Estate, originated the non-recourse...
CBRE Announces Sale of Canter Green in Union Township, NJ
Residential

CBRE Announces Sale of Canter Green in Union Township, NJ

REW
by REW2926
CBRE announced today the sale of Canter Green, a 153-unit Class A apartment community located in Union Township, NJ. The CBRE team, led by Jeff Dunne, Stuart MacKenzie, Zach McHale and Travis Langer, represented the seller, RMS Companies, while also procuring the buyer, Invesco Real Estate, a global real estate...