Category: Multifamily

Brooklyn, NY Affinius Capital LLC (Affinius Capital) closed a $90 million loan to refinance One Nine Rockwell, a 27-story multifamily property in the Fort Greene neighborhood. The Class A building features 174 residential units and 1,200 s/f of ground floor retail space. The loan was made to a New York-based developer, Mordechai Piller, and the proceeds will be used to complete the lease-up and stabilization of the property.

South Orange, NJ The Mosaic, a new upscale boutique multifamily development, tapped Crystal Window & Door Systems’ products to bring elegance, style, and class to the project. The national award-winning manufacturer furnished the new development with 323 energy efficient large windows and doors.

Farmingville, NY JLL Capital Markets has secured the $190 million sale of The Arboretum, a 292-unit luxury multifamily development. JLL represented the seller, BRP Companies. The buyer was an affiliate of The Inland Real Estate Group of Companies, Inc. Matthew Tice, senior vice president of Inland Real Estate Acquisitions, LLC, facilitated the purchase on behalf of the Inland affiliate.

Midtown South Mixed-Use Plan (MSMX) does NOT give a condo exemption. It triggers Mandatory Inclusionary Housing (MIH) exactly the same as rental unless you intentionally choose the

Manhattan, NY Slate Property Group (Slate) in partnership with Avenue Realty Capital (ARC), has acquired 45 White St., a seven-story multifamily rental building in the Tribeca

Queens, NY Josh Goldflam, co-founder and principal of Highcap Group, has arranged the sale of the 5-42 51st Ave., Long Island City for an all cash transaction valued at $3.6

Manhattan, NY Construction Management and Builders, Inc. (CM&B), the family-owned construction firm founded in 1992 by Kevin Puopolo, has appointed Tim Puopolo as president, marking

Manhattan, NY North Bridge ESG LLC has closed $8.5 million in C-PACE financing to support infrastructure upgrades at Herald Towers, a three-tower apartment complex located at 50 West

Great Neck, NY East Shore Road Multi-Family is a four-story residential community nestled into a hillside site overlooking Manhasset Bay on Long Island’s North Shore. The development capitalizes on its semi-waterfront setting, with the building’s massing thoughtfully terraced

St. Augustine, FL A partnership consisting of Stiles, Cantrell & Morgan and FCA Partners has acquired 93.1 net developable acres across six parcels at World Commerce Center in St.

Manhattan, NY Marcus & Millichap brokered the sale of 443 East 88th St., a 25-unit apartment building in Yorkville. The property sold for $16.5 million, which equates to

Shelton, CT Continental Properties, one of Connecticut’s most successful developers of luxury multi-family communities, began construction of its newest community, located in Fairfield County at 453 River Rd