Category: Multifamily

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

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

Brooklyn, NY Bijou Equities sold 73 Starr St., a 24-unit, new construction multifamily property located in North Bushwick. The asset traded for

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

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

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