Category : Residential

BEB Capital Acquires Ivy 30, Mixed-Use Multifamily Property in Kips Bay for $55 Million
Residential

BEB Capital Acquires Ivy 30, Mixed-Use Multifamily Property in Kips Bay for $55 Million

REW
BEB Capital (“BEB”), a leading investor and developer of industrial, office and multifamily assets throughout the East Coast, is proud to announce the acquisition of 312-316 East 30th Street (Ivy 30) in the Kips Bay neighborhood of Manhattan. The 56,750-square-foot mixed-use multifamily property was previously owned by A.D. Real Estate Investors and has been acquired by BEB...
Knighthead Funding Provides $34.5 Million Loan for Development of 55 and Over Multifamily Community in Selden, NY
Residential

Knighthead Funding Provides $34.5 Million Loan for Development of 55 and Over Multifamily Community in Selden, NY

REW
Knighthead Funding, LLC (“Knighthead”) has provided The Northwind Group (“Northwind”) with a $34.5 million first mortgage construction loan for the development of a 55+ multifamily community in Selden, NY. Located at 1277 Middle Country Road, the property is fully permitted, planned and approved. Situated on 13.84 acres, the complex will...
Northeast Private Client Group® Facilitates Sale of $15.5 Million in Multifamily Apartment Properties
Residential

Northeast Private Client Group® Facilitates Sale of $15.5 Million in Multifamily Apartment Properties

REW
The Metro North Investment Sales Team consisting of Brad Balletto, Rich Edwards, Jeff Wright, and Bob Paterno recently brokered the sale of four (4) multifamily properties in Connecticut. Westnor Apartments is a three-story, 57-unit multifamily investment property located at 45 Monroe Street in Bridgeport, Connecticut. The property sold for $8,100,000,...
David Weekley Homes to launch construction at Ellis in Marietta
Residential

David Weekley Homes to launch construction at Ellis in Marietta

REW
After first debuting to Cobb County homebuyers nearly five years ago, Marietta’s sprawling single-family home community of Ellis is about to welcome an award-winning home builder to lead construction on its Phase Three homesites. On the heels of being named Builder of the Year by the Greater Atlanta Home Builders...
A&E Real Estate announces acquisition of Cunningham Heights, a 22-building residential community in Queens Village
Residential

A&E Real Estate announces acquisition of Cunningham Heights, a 22-building residential community in Queens Village

REW
 A&E Real Estate today announced it has acquired Cunningham Heights in Queens Village.  The residential community features a garden-style network of 22 three-story buildings encompassing 1,056 rental apartments and 623 parking spaces across 25 onsite garages.  Originally constructed in 1951, Cunningham Heights spans four city blocks along the Grand Central Parkway. The...
Arborcrowd launches Single-Family Build-to-Rent investment offering in rapidly growing Colorado Springs, Colo.
Residential

Arborcrowd launches Single-Family Build-to-Rent investment offering in rapidly growing Colorado Springs, Colo.

REW
ArborCrowd, the first crowdfunding platform launched by a real estate institution, today announced a new offering that allows investors to acquire equity interests in Selby Ranch, a single-family rental (SFR) and build-to-rent (BTR) development located in Colorado Springs, Colo. with a total capitalization of $61.65 million. The offering enables individuals...
Marcus & Millichap Arranges the Sale of a 35-Unit Apartment Building
Residential

Marcus & Millichap Arranges the Sale of a 35-Unit Apartment Building

REW
 Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Parkway Manor, a 35-unit apartment property located in Kingston, Pa. The asset sold for $3.3 million, according to Sean Beuche, regional manager of the firm’s Philadelphia office. Craig...
Newmark Arranges $41M Sale of Waterfront Long Beach Office Building for Multifamily Conversion
Residential

Newmark Arranges $41M Sale of Waterfront Long Beach Office Building for Multifamily Conversion

REW
Newmark 1 announces it has completed the $41 million sale of Congressional Place, a two-story, 73,769-square-foot office building planned for multifamily redevelopment and located in Long Beach, California. Newmark Senior Managing Director Chris Benton, Managing Director Anthony Muhlstein, Co- Head of Capital Markets Kevin Shannon, Vice Chairman Bill Bauman and...
Lincoln Ventures Breaks Ground on Multifamily Development Northwest of the University of Georgia
Residential

Lincoln Ventures Breaks Ground on Multifamily Development Northwest of the University of Georgia

REW
Today, Lincoln Ventures, an Austin-based multifamily and student housing developer, announced that it has closed on a development site at 558 West Broad in Athens, GA. The multifamily, student-oriented development is located northwest of the University of Georgia campus. With seven stories, and a mix of one- to five-bedroom floor...
REAL NEW YORK LAUNCHES SALES AT 66 READE
Residential

REAL NEW YORK LAUNCHES SALES AT 66 READE

REW
REAL New York, a New York City-based real estate brokerage lauded for having completed the highest priced condominium sale in Manhattan south of 23rd Street, has officially launched sales at 66 Reade. Located in prime Tribeca, the six-story landmarked property now feature six contemporary residences designed by ROART. Each home is...