Massive Yonkers development site hits market
Transwestern’s Stephen Powers and Lindsay Ornstein have listed a 32-acre Yonkers waterfront development site for sale. The property is being sold by the non-profit human
Tag : TOD
Invictus closes $89M construction loan for TOD
NYC based real estate private equity company Invictus Real Estate Partners has originated an $89.5 million construction loan for the next phase of the Harrison
Avalon Bay joins TOD team in Somerville, NJ
Somerset Development has sold a 15-acre property in downtown Somerville, NJ, to multifamily giant AvalonBay Communities Inc. The sale price was not disclosed. The REIT
Huge TOD site hits market in Queens
Cushman & Wakefield has been retained on an exclusive basis to market The Queens Pinnacle at Jamaica Station for sale. The 900,000-buildable-square-foot, transit-oriented development site
Somerset Development gears up to build TOD
Somerset Development has closed on its acquisition of a 31-acre property in Somerville, NJ, which will serve as the future site for Somerset Station. The
Citizens Banks antes up $52M construction financing for Waypoint Residential
Cushman & Wakefield’s Equity, Debt, & Structured Finance (EDSF) group arranged approximately $52 million in construction financing for a ground-up multifamily development set to launch
SJP, Aetna to build 2M s/f mixed-use development in Newark
SJP Properties has created a joint-venture with Aetna Realty to redevelop the former Westinghouse property adjacent to the Newark Broad Street Station in Newark, NJ.
Multifamily investment demand following demographic shifts
By Brian Whitmer, senior director-Capital Markets, Cushman & Wakefield For funds being allocated to acquisitions and the availability of product for sale, the multifamily sector