Category : Residential

JLL has been retained on an exclusive basis to market for sale 12 West 104th Street, a freestanding, 27-foot-wide, five-story walk-up building located steps from Central Park. Configured as 16 apartments, the property is comprised of approximately 10,434 square feet inclusive of the useable basement space. The free-market residential units...

 LCOR, a fully integrated real estate investment, development, and management firm and DivcoWest, a national and vertically integrated, real estate investment firm today announced the launch of leasing at Park 151, a highly amenitized, 20-story, 468-unit, mixed-income residential property located at 151 North First Street in East Cambridge, MA in the heart...

JLL Capital Markets announced today that it has closed the $104.93 million financing of The Wel, a 260-unit, newly constructed, mid-rise multi-housing community located in Lindenhurst, New York along the South Shore of Long Island. JLL represented the borrower, Fairfield Properties, to secure the 15.5-year, fixed-rate loan through Freddie Mac Multifamily. The...

CBRE today announced the sale of The Retro Apartments, a 21-unit multifamily community located at 1836-44 E York Street in Philadelphia’s Fishtown/East Kensington neighborhood. Laibel Newhouse & Joel Friedman acquired the five-story apartment complex for $7.2 million. Samantha Kupersmith and Spencer Yablon of CBRE spearheaded the marketing campaign for the...

Concord Summit Capital, LLC (“Concord Summit”) arranged a $70 million bridge loan to the developer of a 376-unit luxury apartment community in the suburbs of Buffalo, New York.  Buffalo-based Rane Property Management LLC has already completed the 232-unit first phase of Heron Pointe Apartments and is currently building out the final 144...

Colliers Capital Markets announced it has arranged the $66.9 million acquisition and repositioning financing for a six-property, 933-unit multifamily portfolio located across Memphis, Tennessee and Columbia, South Carolina. Colliers worked on behalf of the sponsor, Lexington Partners, LLC and LAZ Investments, to secure the loan from Ready Capital Corporation. A...