Category: Multifamily

Ariel Property Advisors closes $11.8 million condo inventory loan  for 20-unit new construction

Ariel Property Advisors closes $11.8 million condo inventory loan for 20-unit new construction

April 28, 2026
Manhattan, NY The Capital Services Group at Ariel Property Advisors (Ariel) has arranged an $11.8 million condominium inventory loan for a 20-unit newly constructed residential condo project.
BHI provides $167 million construction loan to Yellowstone to convert 221 West 41st St. into 176-unit multi-family

BHI provides $167 million construction loan to Yellowstone to convert 221 West 41st St. into 176-uni...

April 28, 2026
Manhattan, NY BHI, the U.S Branch of Bank Hapoalim, B.M. and a full-service commercial bank, has provided Yellowstone with $167 million to convert the Candler Building at 221 West 41st St,. a 25-story 221,357 s/f office building, into a 176-unit multifamily building along with an 18,174 s/f retail component.
Avison Young arranges $75m construction loan for Cord Meyer’s 145-unit apartment project

Avison Young arranges $75m construction loan for Cord Meyer’s 145-unit apartment project

April 28, 2026
Queens, NY Avison Young arranged a $75 million construction loan on behalf of Cord Meyer Development for the construction of two, five-story apartment buildings at the Bay Terrace Shopping
BRP Cos. sells The Arboretum at Farmingville to The Inland R.E. Group for $190 million

BRP Cos. sells The Arboretum at Farmingville to The Inland R.E. Group for $190 million

April 28, 2026
Brookhaven, NY BRP Companies, BlackRock, and Basis Investment Group have sold The Arboretum at Farmingville to The Inland Real Estate Group of Companies for $190 million. The Arboretum is a 491,000 s/f, 292-unit, garden-style
NewPoint Real Estate Capital provides $49 million bridge-to-agency loan for 288-unit Evolve at the Pines Apartment Homes

NewPoint Real Estate Capital provides $49 million bridge-to-agency loan for 288-unit Evolve at the P...

April 27, 2026
Greenville, NC NewPoint Real Estate Capital LLC (NewPoint) has provided a $49 million bridge-to-agency loan for the refinance of Evolve at the Pines Apartment Homes, a 288-unit multifamily
Ariel Property Advisors arranges $80 million sale of Prospect Park South affordable housing portfolio

Ariel Property Advisors arranges $80 million sale of Prospect Park South affordable housing portfoli...

April 14, 2026
Brooklyn, NY Ariel Property Advisors (Ariel) arranged the sale of a 411,892 s/f, eight-building, 387-unit affordable housing portfolio situated in the Prospect Park South neighborhood of the city for $79.85 million, or $193 per s/f. The eight properties in the Prospect Park South portfolio are located at 816 Ocean Ave., 682 Ocean Ave.
National Multifamily brokers  six-unit Rye multifamily for $2.675 million

National Multifamily brokers six-unit Rye multifamily for $2.675 million

April 14, 2026
Rye, NY Matt Cawley, Michael Hewes, and Olivia Friedberg of National Multifamily sold 99 Theodore Fremd Ave. in an off-market transaction for $2.675 million.
Affinius Capital originates $300 million loan to refinance 102 Fleet - 495 unit multifamily project

Affinius Capital originates $300 million loan to refinance 102 Fleet - 495 unit multifamily project

April 14, 2026
Brooklyn, NY Affinius Capital LLC closed a $300 million loan to refinance 102 Fleet, a Class A, 495-unit, 30-story multifamily project with 3,700 s/f of ground floor retail space. The loan was made to The Jay
Merchants Capital secures $26.3 million for rehabilitation/conversion of 62-unit Three Arts Club

Merchants Capital secures $26.3 million for rehabilitation/conversion of 62-unit Three Arts Club

April 14, 2026
Manhattan, NY Merchants Capital secured $26.3 million in total financing for the rehabilitation of Three Arts Club, a 62-unit historic multifamily development in New York City developed by West Side Federation
Bijou Equities arranges $13.1 million sale of 73 Starr St., a 24-unit new construction multifamily asset in Bushwick

Bijou Equities arranges $13.1 million sale of 73 Starr St., a 24-unit new construction multifamily a...

April 13, 2026
Brooklyn, NY Bijou Equities sold 73 Starr St., a 24-unit, new construction multifamily property located in North Bushwick. The asset traded for
OPEN Impact Real Estate represents Mercy Center in 6,252 s/f lease at La Central in the Bronx

OPEN Impact Real Estate represents Mercy Center in 6,252 s/f lease at La Central in the Bronx

March 31, 2026
Bronx, NY OPEN Impact Real Estate (OPEN), one of the largest woman-owned commercial real estate services companies specializing in nonprofit real estate, represented Mercy Center — a locally-based nonprofit providing
KL&A designs two mass timber structures for new, 55-acre development around Ball Arena

KL&A designs two mass timber structures for new, 55-acre development around Ball Arena

March 31, 2026
Denver, CO The award-winning generative system behind hundreds of mass timber building projects, GENERATE has formed a collaboration with leading structural engineer and at-risk construction firm KL&A to propel the design and