Northeast

How Distress, Debt Assumptions Are Rewriting Multifamily Pricing in Metro Atlanta

by Sarah Daniels April 14, 2026

— By Matt White, managing director, Berkadia Across Metro Atlanta, distress and loan assumptions are no longer edge cases — they’re driving a meaningful share of multifamily transaction activity and quietly resetting the market’s pricing benchmarks. Deals that can successfully navigate legacy debt structures, rising operating costs and shifting return expectations are revealing where true clearing values lie and which capital stacks still work in today’s environment. The same forces driving distress in Dallas, Phoenix and Austin — floating-rate and bridge debt maturities, late-cycle construction and operating cost inflation — are …

April 14, 2026

Affordable Housing Development Features Finance Maryland Northeast

How a Maryland Housing Authority is Using Transparency to Expand Affordable Housing and Resident Services

by Lynn Peisner April 13, 2026

By Chelsea Andrews Across the country, demand for affordable housing continues to rise, placing increased pressure on housing authorities to provide shelter and resources for our most vulnerable neighbors. Taxpayers want transparency when it comes to how their dollars are being used in the community. Private partners seek evidence of momentum, clear direction and follow-through. Government stakeholders require clarity and accountability when allocating local, county and federal funds leveraged for housing. Across all audiences, there is a shared need for a clear understanding of what’s working and where gaps remain. …

April 13, 2026

Build-to-Rent Company News Leasing & Marketing Maryland News Northeast Operations

JAG Tapped to Manage The Foundry at Renn Quarter in Frederick, Maryland

by Lynn Peisner April 13, 2026

FREDERICK, MD. — JAG Management Co. has been selected by Couloir Ventures to manage the build-to-rent (BTR) townhome community The Foundry at Renn Quarter in Frederick. Couloir is a Bethesda, Maryland-based developer focused on building BTR projects in the metro Washington, D.C., area. JAG Management provides property management services for both Jefferson Apartment Group (JAG)-owned assets as well as third-party-owned communities on the East Coast. JAG is headquartered in McLean, Virginia. A portion of the residences at The Foundry at Renn Quarter are now complete, and residents have begun moving …

April 13, 2026

Affordable Housing Company News Investment Sales New York News Northeast

Drew McWilliams Tapped to Lead New York Affordable Housing Advisory for Greysteel

by Lynn Peisner April 10, 2026

NEW YORK CITY — Greysteel has hired Drew McWilliams to lead affordable housing advisory and transaction efforts in New York and other regional markets. He will provide investment sales, debt and structured finance services as well as preservation and tax-credit syndication counsel to owners, developers and institutional investors. McWilliams joins Greysteel from New York City-based Ariel Property Advisors where he served as associate director.

April 10, 2026

Development Finance New York News Northeast

JLL Arranges $26M in Construction Financing for Buffalo Mixed-Use Project

by Lynn Peisner April 9, 2026

BUFFALO, N.Y. — JLL has arranged approximately $26 million in construction financing for Heritage Point, a mixed-use development in Buffalo that includes 61 apartments. The capital stack consists of a $14.8 million construction loan from lender X-Caliber and $11.2 million in Commercial Property Assessed Clean Energy (C-PACE) financing from CastleGreen Finance. Locally based Sinatra & Co. is the developer and will pursue LEED certification. Located at 120 Main St., Heritage Point will include two six-story properties. Completion is slated for the third quarter of 2027. The JLL Capital Markets team …

April 9, 2026

Development Leasing & Marketing New York News Northeast Operations

The Moinian Group Begins Leasing at Manhattan’s ARIA 7 Platt

by Lynn Peisner April 9, 2026

NEW YORK CITY — The Moinian Group has begun leasing at ARIA 7 Platt, a 38-story luxury apartment tower in Manhattan’s Financial District. Construction was led by AECOM Tishman, Hill West was the architect, and Rockwell Group provided interior design services. The 250,000-square-foot, 38-story glass-clad tower features 250 units in a mix of studio, one- and two-bedroom layouts and penthouse residences with a dedicated lounge area. Amenities include a fitness center, library, work areas, lounges, private dining spaces with outdoor terrace access, a gaming area, laundry facilities and a communal …

April 9, 2026

Affordable Housing Development News Northeast Washington, D.C.

The NRP Group Begins Construction of Mixed-Income Development in Washington, D.C.

by Lynn Peisner April 8, 2026

WASHINGTON, D.C. — The NRP Group has begun construction of The Waymark in Washington, D.C.’s Ward 7 neighborhood, located on the east side of the District. The 109 one-, two- and three-bedroom apartments are income restricted at 30, 50 and 80 percent of area median income and include 22 units set aside as permanent supportive housing for individuals at risk of homelessness or who were previously unhoused. The property will include a fitness center and multi-purpose spaces. Development partner Marshall Heights Community Development Organization (MHCDO) will provide financial-literacy, career and …

April 8, 2026

Delaware Investment Sales News Northeast

Olympus Property Acquires Asset on Delaware Coast

by Lynn Peisner April 7, 2026

MILLVILLE, DEL. — Olympus Property, a Fort Worth, Texas-based multifamily owner and operator, has acquired Ascend by the Sea in Millville. The 216-unit property opened in 2024. The seller’s identity was not disclosed, but the project was originally brought forward as Tupelo Sands, with town plan documents identifying DHI Communities as the developer. This sale marks Olympus’ first owned property in the mid-Atlantic region. According to the community website, the asset’s name has been changed to Olympus by the Sea. Amenities include a resort-style pool, fitness center, coffee bar, coworking …

April 7, 2026

Affordable Housing Development Leasing & Marketing News Northeast Washington, D.C.

Gilbane Begins Leasing $135M Second Phase of D.C. Affordable Housing Redevelopment

by Lynn Peisner April 3, 2026

WASHINGTON, D.C. — Gilbane Development has begun leasing the second of its three-phase redevelopment at 7th Street and Barnaby Road in Southeast Washington, D.C. Phase II of Barnaby & 7th includes 229 units within four new residential buildings: The Stoneview, The Solomon, The Marte and The Lewis. Construction of these buildings is slated for completion by summer 2026. The four communities feature a mix of studio to three-bedroom units serving households earning 50 and 80 percent of the area median income (AMI). Twenty percent of the apartments will be set …

April 3, 2026

Investment Sales Maryland News Northeast

Rose Valley Capital Acquires The Crossings at White Marsh in Metro Baltimore

by Lynn Peisner March 30, 2026

PERRY HALL, MD. — Rose Valley Capital has acquired The Crossings at White Marsh Apartments in Perry Hall, 12 miles northeast of Baltimore. The Brooklyn-based owner-operator’s in-house management firm, Rose Valley Management, will be the property manager. The seller and sales price were not disclosed. The Crossing at White Marsh is comprised of 396 one- and two-bedroom units and amenities such as two resort-style pools, a cyber lounge and electric vehicle charging stations.

March 30, 2026

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