40,026-SF Mixed-Use Building in Manhattan Heads to Auction Block

REBusiness Online Beachwold Residential LLC has bought The Norwalk Collection, a 662-unit multifamily portfolio in Norwalk, Conn, for $2935 million, or $443,353/unit The New York developer bought the portfolio from a venture of Invictus Real Estate...

Orlando Business Journal An affiliate of LCA Development is offering for sale the Vineyards at Hammock Ridge, a 280-unit apartment property in Clermont, Fla The Orlando, Fla, company has tapped JBM Institutional Multifamily Advisors to market the...

Multi-Housing News Invesco Real Estate Income Trust Inc has acquired a majority interest in the Everly Roseland apartment property in Roseland, NJ, in a deal valuing the 360-unit property at $1605 million, or $445,833/unit Novel Property Ventures of...

Commercial Observer Innovo Property Group’s proposed purchase of the HSBC Tower in Manhattan for $855 million is on hold and could fall apart The New York company so far has failed to secure financing for the deal, which was expected to close...

Multi-Housing News Rockrose Development has lined up a $210 million loan from Metropolitan Life Insurance Co against 47-05 Center Blvd, a 396-unit apartment property in Queens, NY Avison Young arranged the 15-year loan, which allowed Rockrose to...

Multi-Housing News Avanath Capital Management has paid $315 million, or $524,126/unit, for two apartment properties with 601 units in downtown Brooklyn, NY The Irvine, Calif, investment manager bought the two buildings from Greenland USA, an...

Dallas Morning News StreetLights Residential is offering for sale the Jordan Apartments, a 212-unit luxury building in Dallas’ Uptown area Marcus & Millichap’s Institutional Property Advisors unit has been tapped to market the...

Commercial Observer Fora Financial has inked a nine-year lease for 23,500 square feet, encompassing the 15th floor at 1385 Broadway in Manhattan The lender of small business loans will move from 519 Eight Ave, also in Manhattan, where it’s...

Piermont Properties is offering for sale Q-East, a 131-unit apartment building in the Jamaica Hills section of Queens, NY The New York developer has hired RIPCO Real Estate, also of New York, to market the property, at 178-02 Hillside Ave It’s...

Meridian Pacific Ltd is offering for sale the 113,425-square-foot Puna Kai Shopping Center in Pahoa, Hawaii The Waipahu, Hawaii, developer has hired Marcus & Millichap to market the retail property for sale It’s expected to sell for $75...