Northeast

Cushman & Wakefield Arranges $136M Loan for Refinancing of Jersey City Apartment Building

by Taylor Williams March 23, 2026

JERSEY CITY, N.J. — Cushman & Wakefield has arranged a $136 million loan for the refinancing of Modera Lofts, a 366-unit apartment building located in the Powerhouse Arts District in Jersey City. Completed in 2016, Modera Lofts offers studio, one- and two-bedroom floor plans. Amenities include a fitness center, a rooftop deck, indoor lounge, 24-hour concierge services and a pet spa, and the building also houses about 13,000 square feet of retail space and unique rentable artist studios. John Alascio, Alex Hernandez, Chris Moyer, Chuck Kohaut, Alex Lapidus and Meredith Donovan of Cushman & Wakefield arranged the loan through J.P. Morgan on behalf of the borrower, Harrison Street Asset Management.

March 23, 2026

Acquisitions Multifamily Northeast Rhode Island

Audubon Capital Buys 151-Unit Multifamily Portfolio in Providence

by Taylor Williams March 23, 2026

PROVIDENCE, R.I. — Audubon Capital Partners, a real estate private equity firm, has purchased a portfolio of two multifamily properties totaling 151 units in Providence. Both Chestnut Commons (92 units) and 95 Lofts (59 units) are located in the downtown area on adjacent sites. Chestnut Commons was built in 2020 and offers one-, two- and three-bedroom units with an average size of 774 square feet, while 95 Lofts was completed in 2017 and features studio, one- and two-bedroom floor plans with an average size of 550 square feet. Simon Butler, Biria St. John, John McLaughlin and Brian Bowler of CBRE represented the sellers, represented the sellers, two partnerships led by Waldorf Capital Management, in the transaction.

March 23, 2026

Acquisitions Multifamily New Jersey Northeast

Kislak Negotiates $20M Sale of Apartment Complex in Neptune City, New Jersey

by Taylor Williams March 23, 2026

NEPTUNE CITY, N.J. — Locally based brokerage firm The Kislak Co. Inc. has negotiated the $20 million sale of Hampshire Terrace, an 80-unit apartment complex located in the coastal New Jersey community of Neptune City. The garden-style, freshly renovated complex offers 56 one-bedroom units and 24 two-bedroom units. Robert Holland of Kislak represented the seller, Hampshire Associates, in the transaction. Daniel Lanni, also with Kislak, represented the undisclosed buyer.

March 23, 2026

Acquisitions Mixed-Use Northeast Pennsylvania

JLL Brokers Sale of 34,795 SF Mixed-Use Building in Philadelphia

by Taylor Williams March 23, 2026

PHILADELPHIA — JLL has brokered the sale of a 34,795-square-foot mixed-use building in Philadelphia’s Rittenhouse Square neighborhood. Originally constructed in 1937 and last renovated in 2009, the five-story building at 1619-1621 Walnut St. was 11 percent leased at the time of sale. Jim Galbally, Fran Coyne, Carl Fiebig, JP Colussi and Patrick Higgins of JLL represented the seller, Nuveen Real Estate, in the transaction. The buyer was MZP AG, a private investment group based in Switzerland.

March 23, 2026

Acquisitions Industrial New Jersey Northeast Top Stories

EQT Real Estate Buys 2 MSF Industrial Portfolio in Southern New Jersey

by Taylor Williams March 23, 2026

RADNOR, PA. — Pennsylvania-based owner-operator EQT Real Estate has purchased a portfolio of nine industrial buildings totaling approximately 2 million square feet in Southern New Jersey. The sales price was not disclosed. The buildings are part of a master-planned park that is located along the I-95/295 corridor and house a mix of light industrial and bulk warehousing uses. Buildings feature clear heights that range from 24 to 33 feet, as well as flexible suite sizes and a total of 134 dock doors across the portfolio. The names of the tenants were not disclosed, but the buildings are leased to “blue chip [operators] in manufacturing, distribution and logistics, including national and global occupiers,” according to EQT. The new ownership also plans to explore selective redevelopment and leasing initiatives, including targeted capital improvements and enhancements to building exteriors. Brian Fiurama, Brad Ruppel, Mike Hines and Joe Hill of CBRE represented the seller, an affiliate of insurance giant New York Life, in the transaction. “This portfolio offers scale, location and flexibility in one of the most resilient industrial corridors in the United States,” said Matthew Brodnik, global chief investment officer at EQT. “With strong structural demand for modern infill logistics space, we believe …

March 23, 2026

Connecticut Development Northeast Office

RFR Unveils Plans for Repositioning of Stamford Office Building

by Taylor Williams March 20, 2026

STAMFORD, CONN. — New York City-based owner-operator RFR has unveiled plans for the repositioning of 300 Atlantic Street, a 300,000-square-foot office building in Stamford. Plans call for 10,000 square feet of additional amenity space, including a new tenant lounge, as well as a new offering of prebuilt suites. RFR also plans to elevate the building’s food-and-beverage offerings and enhance other amenity spaces, including fitness and conferencing facilities, as well as to update building exteriors and streetscape design. Ownership has tapped Newmark to lease the building.

March 20, 2026

Acquisitions Multifamily New Jersey Northeast

Pentaurus Properties Buys 124-Unit Apartment Complex in Matawan, New Jersey

by Taylor Williams March 20, 2026

MATAWAN, N.J. — Pentaurus Properties, a New Jersey-based family office, has purchased a 124-unit apartment complex in Matawan, located in Central New Jersey. Marc Hampton Apartments is a garden-style complex that was built in the 1960s and offers one- and two-bedroom units across 11 buildings. Nat Gambuzza and Trevor Fiebel of Berkadia represented Pentaurus, which plans to implement a value-add program, in the transaction. Joseph Garibaldi, Thomas Walsh and Nick Vanderslice of Colliers represented the undisclosed seller.

March 20, 2026

Loans New York Northeast Retail

Largo Capital Arranges $26M Loan for Refinancing of Staten Island Shopping Center

by Taylor Williams March 20, 2026

NEW YORK CITY — Largo Capital, a financial intermediary based in upstate New York, has arranged a $26 million loan for the refinancing of a 99,897-square-foot shopping center in the Great Kills neighborhood of Staten Island. Regional grocer ShopRite anchors the center under a long-term lease. Kevin Coscia of Largo Capital arranged the financing through an undisclosed life insurance company. The borrower was also not disclosed.

March 20, 2026

Acquisitions Connecticut Multifamily Northeast

Chozick Realty Negotiates $4.6M Sale of Apartment Complex in New London, Connecticut

by Taylor Williams March 20, 2026

NEW LONDON, CONN. — Locally based brokerage firm Chozick Realty has negotiated the $4.6 million sale of a 38-unit apartment complex in the coastal Connecticut city of New London. Garfield Avenue Apartments consists of two three-story buildings that exclusively house one-bedroom units. Jordan Pinto led the Chozick team that brokered the deal. The buyer and seller were not disclosed.

March 20, 2026

Shops-at-Evergreen-Walk-South-Windsor-Connecticut

Acquisitions Connecticut Northeast Retail

CBRE Arranges $98.2M Sale of Retail Power Center in South Windsor, Connecticut

by Taylor Williams March 19, 2026

SOUTH WINDSOR, CONN. — CBRE has arranged the $98.2 million sale of The Shops at Evergreen Walk, a 357,742-square-foot retail power center in South Windsor, located just outside of Hartford. Whole Foods Market anchors the center, which is also home to tenants such as lululemon, Golf Lounge 18, J.Crew Factory, Gap Factory, Nike, Bluemercury, L.L. Bean, Apple, Anthropologie, Pottery Barn and Williams-Sonoma. Nat Heald led the CBRE team that represented the seller, PGIM, in the transaction. The buyer was a joint venture between Brand Street Properties and Barings. JLL structured the joint venture and also arranged $76.9 million in acquisition financing through an unnamed international bank for the deal.

March 19, 2026

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