Tuesday, May 26, 2026
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Northeast

Millyard-at-Meadow-Commons-Newinngton-Connecticut
AcquisitionsConnecticutMultifamilyNortheast

IPA Brokers Sale of 269-Unit Apartment Complex in Newington, Connecticut

by Taylor Williams

NEWINGTON, CONN. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has brokered the sale of Millyard at Meadow Commons, a 269-unit apartment complex in Newington, a southern suburb of Hartford. Built in 2025, the property features studio, one-, two- and three-bedroom units and amenities such as a pool, outdoor grilling and dining stations, resident lounge and a game room. Victor Nolletti, Eric Pentore and Wes Klockner of IPA represented the seller and procured the buyer, both of which requested anonymity, in the transaction.

Continue Reading
FacebookTwitterLinkedinEmail
LoansMultifamilyNew YorkNortheast

Black Bear Capital Arranges $39M Loan for Refinancing of Long Island Apartment Complex

by Taylor Williams

CENTRAL ISLIP, N.Y. — Black Bear Capital Partners (BBCP) has arranged a $39 million loan for the refinancing of Villas at Eastview, a 100-unit apartment complex located in the Long Island community of Central Islip. The property consists of 11 buildings on an 8.6-acre site. Units exclusively come in two-bedroom floor plans and have an average size of 1,295 square feet. Emil DePasquale and Robert Serra of BBCP arranged the loan, which carries a seven-year term, fixed interest rate and a 60 percent loan-to-value ratio, through New York Life Insurance on behalf of the owner, The Crest Group.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsMultifamilyNew JerseyNortheast

ICON Real Estate Negotiates $7.9M Sale of Northern New Jersey Apartment Building

by Taylor Williams

EAST ORANGE, N.J. — Local brokerage firm ICON Real Estate Advisors has negotiated the $7.9 million sale of a 58-unit apartment building in the Northern New Jersey community of East Orange. The two-story building at 223 Prospect St. was constructed in 1947 and exclusively offers two-bedroom units, according to Apartments.com. David Jarvis and David Oropeza of ICON brokered the deal on behalf of the buyer and seller, both of which were limited liability companies.

Continue Reading
FacebookTwitterLinkedinEmail
IndustrialLeasing ActivityNew YorkNortheast

ASAK Solutions Signs 16,515 SF Industrial Lease in Queens

by Taylor Williams

NEW YORK CITY — ASAK Solutions Inc., a provider of ground-handling services for the aviation industry, has signed a 16,515-square-foot industrial lease in the Jamaica area of Queens. The facility at 152-15 Rockaway Blvd. will support the company’s ramp and cargo handling business as JFK International Airport. Joseph Hentze Jr. of Cushman & Wakefield represented the tenant in the lease negotiations. Joseph Lagano and Reid Berch of Avison Young represented the landlord, Boston-based Longpoint Partners.

Continue Reading
FacebookTwitterLinkedinEmail
LoansNew YorkNortheastRetail

Cronheim Arranges $75M in Financing for Retail Power Center in Middletown, New York

by Taylor Williams

MIDDLETOWN, N.Y. — New Jersey-based financial intermediary Cronheim Mortgage has arranged $75 million in financing for Orange Plaza, an 811,272-square-foot retail power center in Middletown, about 70 miles northwest of New York City. Orange Plaza was 94 percent leased at the time of sale to tenants such as Walmart, Home Depot, Kohl’s, Burlington, Ross Dress for Less, Marshalls, Staples and Old Navy. Brandon Szwalbenest, Andrew Stewart and Dev Morris of Cronheim arranged the financing through an undisclosed life insurance company on behalf of the borrower, National Realty & Development. The seven-year loan features a 30-year amortization schedule.

Continue Reading
FacebookTwitterLinkedinEmail
The-Amara-Queens
LoansMultifamilyNew YorkNortheast

Dwight Capital Provides $54M HUD-Insured Loan for Refinancing of Queens Apartment Building

by Taylor Williams

NEW YORK CITY — New York City-based Dwight Capital has provided a $54 million HUD-insured loan for the refinancing of The Amara, a 92-unit apartment building located in the Astoria neighborhood of Queens. Completed in 2024, the six-story building houses studio, one-, and two-bedroom units in addition to 13,790 square feet of ground-floor retail space that is leased to Spear Physical Therapy, restaurant The French Workshop, pizzeria Freddy’s Since 1961 and food hall Wonder Astoria. Keith Hoffman and Jack Tawil of Dwight originated the loan through HUD’s 223(f) program on behalf of the locally based borrower, Tsilo Group.

Continue Reading
FacebookTwitterLinkedinEmail
485-Arsenal-Street-Watertown-Massachusetts
AcquisitionsHealthcareMassachusettsNortheast

Newmark Brokers $32.1M Sale of Metro Boston Healthcare Property

by Taylor Williams

WATERTOWN, MASS. — Newmark has brokered the $32.1 million sale of a 52,847-square-foot healthcare property located at 485 Arsenal St. in the western Boston suburb of Watertown. The property consists of two interconnected, low-rise buildings that were fully leased at the time of sale to Atrius Health, a subsidiary of Optum and United Healthcare Services Inc. A partnership between Boylston Properties and institutional investors advised by J.P. Morgan Asset Management sold the asset to JLL Income Property Trust. Robert Griffin, Michael Greeley, Frank Nelson, Blake McLaughlin, Ben Appel, Jay Miele, John Nero and Justin Shepherd of Newmark brokered the deal.

Continue Reading
FacebookTwitterLinkedinEmail
IndustrialLeasing ActivityNew YorkNortheast

Capstone Logistics Signs 37,000 SF Industrial Lease in Elmsford, New York

by Taylor Williams

ELMSFORD, N.Y. — Capstone Logistics has signed a 37,000-square-foot industrial lease in Elmsford, located north of New York City in Westchester County. The space is located within the newly renovated building at 700 Executive Blvd. Michael Rao of New York Commercial Realty Group represented the tenant in the lease negotiations. Brendan Hickey internally represented the landlord, GHP Office Realty.

Continue Reading
FacebookTwitterLinkedinEmail
Lincoln-Correctional-Facility-Harlem
Affordable HousingDevelopmentMultifamilyNew YorkNortheast

Partnership Receives $97M in Financing for Multifamily Adaptive Reuse Project in Harlem

by Taylor Williams

NEW YORK CITY — A partnership between LDG Group LLC, Infinite Horizons, L+M Development Partners and Urbane Development Group has received $97 million in financing for a multifamily adaptive reuse project in Harlem. Designed by Curtis & Ginsberg Architects, the project involves the conversion of the former Lincoln Correctional Facility into a 105-unit affordable housing complex with units that will be reserved for households earning between 40 and 100 percent of the area median income. The new housing complex will feature amenities such as a community room, children’s playroom, coworking lounge and multiple terraces, as well as 6,000 square feet of retail space. The financing includes a construction loan from M&T Bank and a variety of public-sector subsidies. Demolitions and abatements of existing structures are set to begin in June and to last about 12 months. Full completion is expected in mid-to-late 2029.

Continue Reading
FacebookTwitterLinkedinEmail
Juliette-White-Plains
DevelopmentMultifamilyNew YorkNortheast

Southern Land Begins Leasing 177-Unit Multifamily Project in White Plains, New York

by Taylor Williams

WHITE PLAINS, N.Y. — Nashville-based developer Southern Land Co. has begun leasing Juliette, a 177-unit multifamily project located north of New York City in White Plains. Juliette offers studio, one-, two- and three-bedroom units that range in size from 626 to 1,868 square feet. Amenities include a pool, fitness center, clubroom with a demonstration kitchen, coworking lounge, lawn gaming area and outdoor grilling and dining stations. Rents start at $2,640 per month for a studio apartment.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts