Category : Residential

Sales Commence at The Wales, a Historically-Significant NY Institution Reimagined by Adellco
Residential

Sales Commence at The Wales, a Historically-Significant NY Institution Reimagined by Adellco

REW
by REW2977
Today Adellco formally announces the launch of sales for the condominium residences at The Wales, a 10-story historic building located at 1295 Madison Avenue. The Wales offers a modern take on landmark-living, moments away from Central Park in the heart of Carnegie Hill, a beloved neighborhood on the Upper East...
The Casoro Group Joins ILPA Diversity in Action
Residential

The Casoro Group Joins ILPA Diversity in Action

REW
by REW1958
The Casoro Group, a leading multifamily real estate investment firm based in Austin, Texas, announced today that it has been accepted as an ILPA Diversity in Action signatory. This initiative from the Institutional Limited Partners Association (ILPA) brings together industry-leading limited partners and general partners who share a commitment to...
Square Mile Capital Provides $55.0 Million Loan
Residential

Square Mile Capital Provides $55.0 Million Loan

REW
by REW3007
Square Mile Capital Management LLC (“Square Mile Capital”) today announced the closing of a $55.0 million loan secured by 517 West 29 th Street, a 60-unit multifamily asset located at the confluence of Chelsea and Hudson Yards in New York, NY. The loan was made to Churchill Real Estate, who...
Redfin Survey: 1 in 10 Say Climate Risk is Main Reason For Move
Residential

Redfin Survey: 1 in 10 Say Climate Risk is Main Reason For Move

REW
by REW1920
One in 10 homebuyers and sellers say climate-related risks—hurricanes, flooding, wildfires, extreme temperatures and/or rising sea levels—are the primary reason for their move, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Thirty-nine percent say these risks are contributing factors for their move. “As natural disasters become more...
Parkview Financial Provides $66M for 131-Unit Project in Brooklyn
Residential

Parkview Financial Provides $66M for 131-Unit Project in Brooklyn

REW
by REW3219
  Parkview Financial announced today it has provided a $66 million construction loan to 57 Caton Place, LLC for the development of a nine-story 131-unit apartment project located at 57 Caton Place in Brooklyn, NY. With this loan in place, construction has now commenced with completion anticipated for January 2024. The...
Redwood Realty Advisors Closes $2.3M Sale in Ossining, N.Y.
Residential

Redwood Realty Advisors Closes $2.3M Sale in Ossining, N.Y.

REW
by REW2751
Redwood Realty Advisors is pleased to announce that it has completed the sale of a 10-unit multifamily property in Ossining, N.Y. The property sold for $2.3 million, which generated a cap rate of 5.7%. The asset has been completely renovated, including new kitchens, bathrooms, on-site laundry and storage. The new owner plans...
Avanti Residential Completes $1.9 Billion in Transactions in 2021
Deals & DealmakersFeaturedResidential

Avanti Residential Completes $1.9 Billion in Transactions in 2021

REW
by REW2159
  Avanti Residential began 2021 on a mission to expand its apartment portfolio and further position the firm as a prominent national investor and operator of lifestyle-forward multifamily communities. The company today announces the completion of its most active year of dealmaking yet, closing on $1.9 billion in new acquisitions,...
BFC Partners Closes on 475 Bay Street, Company’s Latest Development Project in SI
FeaturedResidential

BFC Partners Closes on 475 Bay Street, Company’s Latest Development Project in SI

REW
by REW4028
Today BFC Partners, the Brooklyn-based mixed use and mixed income developer with active projects in all boroughs and Buffalo, announced the closing of their latest project in Staten Island. 475 Bay Street, a 250,173 square-foot development, will be the first development site in the newly rezoned stretch of Bay Street...
Lee & Associates – LA North/Ventura inks nearly $68M multifamily
Residential

Lee & Associates – LA North/Ventura inks nearly $68M multifamily

REW
by REW2494
 Lee & Associates LA North/Ventura’s National Multifamily Director Warren Berzack, negotiated the sale of a three-building multifamily portfolio located in the San Gabriel Valley for approximately $68 million.  The portfolio, located at 4405 Rosemead Boulevard, 5123-5205 Rosemead Boulevard, 4436-4438 Ivar Street, and adjacent 3815 Baldwin Ave., in El Monte, spans the Fashion Park...
Madelon Group Unveils REDtech, a First-of-its-Kind Real Estate Platform
FeaturedResidential

Madelon Group Unveils REDtech, a First-of-its-Kind Real Estate Platform

REW
by REW3786
Madelon Group, a housing company that streamlines the development process for modern, urban living spaces, today announced the official launch of REDtech. The first-of-its-kind real estate development platform is designed to facilitate a seamless start-to-finish approach to multifamily prefabricated and modular development. By bringing standardization and automation to the pre-development...