Category: Multifamily

Eastern Union secures $15.9 million in financing for multi-family conversion project in East Peoria

Eastern Union secures $15.9 million in financing for multi-family conversion project in East Peoria

May 28, 2026
East Peoria, IL Eastern Union arranged a $15.918 million acquisition and construction loan for the conversion of a former assisted living facility into a 246-unit
Marcus & Millichap closes multifamily asset sale in Brooklyn for $23.5 million

Marcus & Millichap closes multifamily asset sale in Brooklyn for $23.5 million

May 27, 2026
Brooklyn, NY Marcus & Millichap closed the sale of 1000 Ocean Pkwy., a 122-unit apartment building. The property sold for $23.5 million, or $192,623 per unit.
Avison Young arranges sale of vacant parking garage for $57 million

Avison Young arranges sale of vacant parking garage for $57 million

May 26, 2026
Manhattan, NY Avison Young arranged the sale of an 8,850 s/f site located at 60 North Moore St. in Tribeca for $57 million. The lot, which has over 100-ft.of frontage between Hudson and Greenwich Sts., hosts a vacant five-story car garage with city-approved plans for two additional floors totaling over 63,000 s/f of buildable interior space.
Houlihan-Parnes Properties sells 18-unit apartment building for $3.65 million

Houlihan-Parnes Properties sells 18-unit apartment building for $3.65 million

May 26, 2026
Irvington, NY Jeremiah Houlihan and James Coleman of Houlihan-Parnes Properties arranged the sale of three-story brick apartment building located at 111 North Bdwy.
Ariel Property Advisors secures three loans for condominium construction projects totaling more than $17 million

Ariel Property Advisors secures three loans for condominium construction projects totaling more than...

May 26, 2026
Brooklyn, NY The Capital Services Group of Ariel Property Advisors (Ariel) has closed three loans from private lenders totaling over $17 million to finance condominium
Cushman & Wakefield arranges $26.35 million refinance for 91-unit The Bridgeline, Bronx

Cushman & Wakefield arranges $26.35 million refinance for 91-unit The Bridgeline, Bronx

May 26, 2026
Bronx, NY Cushman & Wakefield has arranged a $26.35 million loan on behalf of the JCAL Development Group to refinance The Bridgeline, a 91-unit Class A multifamily
Marcus & Millichap arranges $3.375 million financing for two multifamily properties in Queens

Marcus & Millichap arranges $3.375 million financing for two multifamily properties in Queens

May 26, 2026
Long Island City, NY Marcus & Millichap Capital Corp. (MMCC) arranged $3.375 million in financing for the acquisition of two 16-unit multifamily properties located at
2026 Upstate New York apartment market- by Brian Heine

2026 Upstate New York apartment market- by Brian Heine

May 26, 2026
Housing affordability is the top issue across New York state and the country. Construction costs since the end of COVID have increased such that there is little new
50 apartment marketing ideas for websites, social and online listings - by Miguel Lopes

50 apartment marketing ideas for websites, social and online listings - by Miguel Lopes

May 26, 2026
You have a lot of tools at your disposal when it comes to apartment marketing. Of course there are the two main tools: your marketing websites and listings. But savvy marketers
Eastern Union secures $125.25 million to finance acquisition of 1,115-unit The Pavilion in Chicago

Eastern Union secures $125.25 million to finance acquisition of 1,115-unit The Pavilion in Chicago

May 21, 2026
Chicago, IL Eastern Union arranged a $125.25 million loan to finance the acquisition of The Pavilion, a 15-story, 1,115-unit multifamily high-rise located at 5441
City Council approves city’s first Expedited Land Use Procedure (ELURP) application

City Council approves city’s first Expedited Land Use Procedure (ELURP) application

May 20, 2026
Bronx, NY The New York City Council approved the city’s first Expedited Land Use Review Procedure (ELURP) application for 351 Powers Ave., a plot of city-owned
Hawkeye Partners expands senior housing leadership team with addition of Healey

Hawkeye Partners expands senior housing leadership team with addition of Healey

May 20, 2026
Austin, TX Brandi Healey has joined Hawkeye Partners as managing director of asset management for Hawkeye’s senior housing platform.