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Commercial Observer Valley National Bank has provided $105 million of financing for the development of a 296-unit apartment property at 2201 Beverly Road in the Flatbush section of Brooklyn, N.Y. Landstone Capital Group arranged the loan on behalf of the...
Commercial Observer Goose Property Management has paid $40 million for a development site at 286 Bergen St. in the Boerum Hill section of Brooklyn, N.Y., on which it plans to construct a 600-unit apartment property. The Brooklyn investor bought the...
REBusiness Online A venture of Foxy Management, HANAC Inc. and JLD Advisory LLC has completed construction on the 149-unit Garden Towers affordable seniors-housing project in the Bronx, N.Y. The property, at 1323 Boston Road, consists of two building with studio...
ConnectCRE Comar Real Estate Trust has paid $25 million, or $416,667/unit, for Hillside Residences, a 60-unit apartment property at 23 Bridge St. in Quincy, Mass. The Brookline, Mass., investor bought the property from Boston Property Development of Quincy in a...
REBusiness Online The Dolben Co. has completed construction work on the 260-unit Caro Tuscan Village apartment property in Salem, N.H. The property is on 7.7 acres at 4 Tuscan Blvd. within the Tuscan Village mixed-use complex that includes a 165-room Marriott-branded...
BisNow Kriss Capital has provided a $185 million loan for the development of Monogram New York, a 191-unit condominium project at 131-141 East 47th St. in midtown Manhattan. The property is being developed by Hopson Development Holdings of Hong Kong....
REBusiness Online Construction has started on the 330-unit Ellery apartment building at 312 West 43rd St. in Manhattan's Hell's Kitchen area. The 33-story building, which will include 82 units set aside for tenants earning up to 120 percent of the...
The Real Deal The 161,613-square-foot office building at 252 West 37th St. in Manhattan's Garment District is facing foreclosure. The property, owned by Eretz Group, is encumbered by a $34.53 million mortgage that's securitized through COMM, 2014-CCRE16, and had matured...
REBusiness Online JCS Realty has started construction on the 365-unit Bruckner House apartment property at 40 Bruckner Blvd. in the Mott Haven section of the Bronx, N.Y. The property will have units with up to two bedrooms each. It will...
ConnectCRE A venture of Winstanley Enterprises LLC and NorthPoint Development will construct a 524,000-square-foot industrial property on a 126-acre parcel next to the Westfield-Barnes Regional Airport in the western Massachusetts city of Westfield. The venture got the go-ahead from the...
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