Category: Multifamily

Longacre acquires 541-unit Houston multifamily community, scaling joint venture’s 17-state turnaround platform

Longacre acquires 541-unit Houston multifamily community, scaling joint venture’s 17-state turnaro...

June 8, 2026
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
Lottery opens for attainable condominium homes Rose on Main in downtown New Rochelle

Lottery opens for attainable condominium homes Rose on Main in downtown New Rochelle

June 8, 2026
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.
Arrow Real Estate Advisors arranges $70.25 million financing for multifamily development The Press in Wilmington, DE

Arrow Real Estate Advisors arranges $70.25 million financing for multifamily development The Press i...

June 8, 2026
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
Newport Associates Development Co. receives 135 applications for 40th anniversary philanthropy initiative

Newport Associates Development Co. receives 135 applications for 40th anniversary philanthropy initi...

June 3, 2026
Jersey City, NJ When Newport Associates Development Company — a partnership of the LeFrak and Simon families — announced its 40th anniversary philanthropy initiative
Residential development, conversions and the future of housing - by Joseph Aquino

Residential development, conversions and the future of housing - by Joseph Aquino

June 1, 2026
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
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