Category: Multifamily

Brooklyn, NY EP Engineering assisted in delivering The Arcadian, a mixed-use development located at 975 Nostrand Ave. in the Crown Heights neighborhood. Developed by Hudson Companies, the project represents an addition

Hatboro, PA G.S. Wilcox & Co. completed $20 million in permanent financing for a 102-unit apartment project. The financing, which featured a forward commitment at an attractive rate, was arranged by Gretchen Wilcox,

Manhattan, NY LDG Group LLC, Infinite Horizons, L+M Development Partners, and Urbane Development Group closed on over $97 million in financing for the redevelopment of the former Lincoln Correctional facility in Harlem. With a variety of partners spanning both the public and private sectors

Brooklyn, NY Marcus & Millichap negotiated the sale of 665 St. Marks Ave., a 21-unit multifamily property in Crown Heights. The property sold for $3.8 million.

Manhattan, NY IPA Capital Markets, a division of Marcus & Millichap, has arranged $27.5 million to refinance The Sophia, a newly built, 11-story, 60-unit luxury multifamily

Manhattan, NY BHI, the U.S branch of Bank Hapoalim, B.M. has provided Quantum Pacific Realty and partner MetroLoft with a $169.5 million construction loan to convert 767 Third Ave.

Brooklyn, NY Naftali Group with Access Real Estate closed a $374.35 million refinancing for Phase I of Williamsburg Wharf, the firm’s 3.75-acre master-planned development along Williamsburg’s East River shoreline. Since opening to residents last summer, Two, Three, and Four Williamsburg Wharf, the development’s luxury rental offerings, have already reached over 90% leased across more than 500 apartments.

Houston, TX Longacre, the joint venture between PH Realty Capital and Rockledge, acquired a 541-unit a distressed multifamily community at 5300 W. Gulf Bank Rd. The transaction

New Rochelle, NY Applications are now open for Rose on Main, a new 126-home affordable condominium community in the heart of New Rochelle designed for mixed-income buyers.

Wilmington, DE Arrow Real Estate Advisors arranged a $70.25 million loan on behalf of The Buccini Pollin Group for The Press, a newly delivered luxury multifamily property located

Jersey City, NJ When Newport Associates Development Company — a partnership of the LeFrak and Simon families — announced its 40th anniversary philanthropy initiative

I attended a Residential Development Forum in Manhattan last week and left with a renewed appreciation for the resilience and creativity of the residential real estate industry. While the headlines often focus on interest