Northeast

JLL Provides $13.5M Agency Refinancing of Apartment Complex in Scarborough, Maine

by Taylor Williams July 6, 2026

SCARBOROUGH, MAINE — JLL has provided a $13.5 million Fannie Mae loan for the refinancing of Carrier Woods, an 84-unit apartment complex in Scarborough, located just south of Portland. Built in 2018, Carrier Woods comprises seven buildings that house 80 market-rate units and four affordable units in one- and two-bedroom floor plans. Amenities include garden plots and a dog park. Henry Schaffer, Mike Shepard, Madeline Joyce and Hunter Cuthbertson of JLL originated the seven-year, fixed-rate loan on behalf of the borrower, Chestnut Realty Management.

July 6, 2026

Acquisitions Massachusetts Northeast Retail

Atlantic Capital Partners Arranges Sale of 80,000 SF Retail Building in Danvers, Massachusetts

by Taylor Williams July 6, 2026

DANVERS, MASS. — Local brokerage firm Atlantic Capital Partners (ACP) has arranged the sale of an 80,000-square-foot retail building in Danvers, located about 20 miles northeast of Boston. The building sits on a 3.9-acre site along State Route 128 and was fully leased at the time of sale to Dick’s Sporting Goods. Eric Suffoletto, Joey Tagliente and Danny Griffin of ACP represented the undisclosed seller in the transaction. The buyer and sales price were also not disclosed.

July 6, 2026

Acquisitions Multifamily New York Northeast

Marcus & Millichap Brokers $3.8M Sale of Brooklyn Apartment Building

by Taylor Williams July 6, 2026

NEW YORK CITY — Marcus & Millichap has brokered the $3.8 million sale of a 21-unit apartment building in the Crown Heights neighborhood Brooklyn. Constructed in 1900, the five-story building at 665 St. Marks Ave. offers one- and two-bedroom units, 13 of which are subject to rent restrictions. Matt Fotis of Marcus & Millichap represented the seller, a private investor, in the transaction and procured the buyer, an international partnership. Both parties requested anonymity.

July 6, 2026

Leasing Activity New York Northeast Office

Adaptive Security Signs 51,220 SF Office Sublease in Manhattan’s Financial District

by Taylor Williams July 6, 2026

NEW YORK CITY — Adaptive Security has signed a 51,220-square-foot office sublease in the Financial District of Lower Manhattan. The AI-powered cybersecurity company is taking space formerly leased to BarkBox, an e-commerce firm for the pet products industry, at 120 Broadway. Zev Holzman, Christopher Foerch, Will Demuth and Riley Scanlon of Savills represented the subtenant in the lease negotiations. Ross Zimbalest of CBRE represented the sublandlord. The owner of the building was not disclosed.

July 6, 2026

Acquisitions Multifamily New York Northeast Top Stories

Kennedy Wilson Buys Apartment Community in New York’s Westchester County for $237M

by Taylor Williams July 6, 2026

WEST HARRISON, N.Y. — Kennedy Wilson (NYSE: KW) has purchased Carraway, a 421-unit apartment community in West Harrison, located north of New York City in Westchester County, for $237 million. Kennedy Wilson partnered with Kenedix Inc. and Hulic Co. Ltd. on the acquisition. The seller was not disclosed. Completed in 2021, Carraway houses studio, one- and two-bedroom units, as well as onsite parking. Residences are furnished with stainless steel appliances, marble-style kitchen backsplashes, quartz bathroom and kitchen countertops and in-unit washers and dryers. Select residences offer private balconies. Amenities include a pool, fitness center, resident clubroom, private offices and coworking space, a sports simulator, private dining room, chef’s kitchen, pet spa and a children’s playroom. Carraway also features approximately 6,400 square feet of ground-floor retail space. “Carraway represents a rare opportunity to acquire a high-quality, recently constructed multifamily community in one of the most desirable suburban markets in the New York metropolitan area,” says William McMorrow, chairman and CEO of Kennedy Wilson, which is based in Beverly Hills and maintains about $37 billion in assets under management. — Taylor Williams

July 6, 2026

Development Northeast Pennsylvania Restaurant Retail

Comcast Spectator, Cordish Cos. Complete Redevelopment of South Philadelphia Sports Complex

by Taylor Williams July 2, 2026

PHILADELPHIA — Philadelphia-based Comcast Spectator and The Cordish Cos., a Baltimore-based developer specializing in sports-anchored entertainment districts, have completed the redevelopment of the Stateside Live! sports complex in South Philadelphia. The redevelopment features the addition of a two-story building with a rooftop space known as AVA Rooftop Bar, a performance stage with 1,000 premium seats and a 5,000-person capacity, an expansion of PBR Philly via a dedicated outdoor stage and dance floor and an open-air beer garden. Ownership also introduced new dining options, including local restaurants such as Chickie’s & Pete’s, Lorenzo’s Pizza and Geno’s Steaks. The project was first announced in late 2024.

July 2, 2026

Acquisitions Industrial New York Northeast

Marcus & Millichap Brokers $54.2M Sale of Long Island Industrial Portfolio

by Taylor Williams July 2, 2026

LONG ISLAND, N.Y. — Marcus & Millichap has brokered the $54.2 million sale of a portfolio of five industrial properties totaling 275,938 square feet on Long Island. Located in Farmingdale, Hicksville and Oceanside, the properties range in size from 28,000 to 100,000 square feet. All were constructed between 1975 and 1985 and include office space. Michael Tuccillo and Anthony Cerrone of Marcus & Millichap represented the seller, Howard Katz Realty & Construction, in the transaction and procured the buyer, Spiegel Associates.

July 2, 2026

Leasing Activity New Jersey Northeast Office

Kislak Negotiates 26,653 SF Office Headquarters Lease in New Providence, New Jersey

by Taylor Williams July 2, 2026

NEW PROVIDENCE, N.J. — Locally based brokerage firm The Kislak Co. Inc. has negotiated a 26,653-square-foot office headquarters lease in New Providence, about 30 miles west of New York City. The tenant is nonprofit organization Our House, and the space is located within the 171,216-square-foot building at 41 Spring St. Matthew LoBocchiaro of Kislak represented the tenant in the lease negotiations. Doug Rowe and Geoffrey Schubert of Lee & Associates represented the landlord.

July 2, 2026

Leasing Activity New York Northeast Office

Argentic Investment Management Signs 13,000 SF Office Lease in Manhattan’s Flatiron District

by Taylor Williams July 2, 2026

NEW YORK CITY — Argentic Investment Management has signed a 13,000-square-foot office lease in Manhattan’s Flatiron District. The financial services firm will occupy the entire 20th floor the Gramercy Park Building, a 238,000-square-foot structure at 257 Park Ave. S that is now 97 percent leased. Neil Goldmacher, Eric Zemachson and Scott Gutnick of Newmark represented the tenant in the lease negotiations. Andrew Wiener and Robert Fisher represented the landlord, The Feil Organization, on an internal basis.

July 2, 2026

Loans Multifamily New Jersey Northeast

Madison Realty Capital Provides $61M Bridge Loan for Northern New Jersey Apartment Complex

by Taylor Williams July 1, 2026

NORTH BERGEN, N.J. — Madison Realty Capital has provided a $61 million bridge loan for Braddock Park West, a 10-story apartment building located outside of New York City in North Bergen. Completed earlier this year, Braddock Park West features 135 units in studio, one- and two-bedroom floor plans with an average size of 801 square feet. Amenities include a fitness center, coworking lounge and a rooftop terrace. Jordan Casella, Aaron Appel, Keith Kurland, Jonathan Schwartz, Adam Schwartz and Cole Grims of Walker & Dunlop arranged the floating-rate loan on behalf of the owner, Sanz Property Management.

July 1, 2026

Newer Posts

Older Posts