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Walker & Dunlop Arranges $53.6 Million Sale of Mixed-Use Asset in Cambridge, Massachusetts

by Lynn Peisner January 16, 2026

CAMBRIDGE, MASS. — Walker & Dunlop has arranged the $53.6 million sale of 929 MASS, a mixed-use, two-building property in the Central Square area of Cambridge. Walker & Dunlop represented the unnamed institutional seller in the deal with a team led by Travis D’Amato, Michael Coyne, Brendan Shields, Kevin Gleason and Maggie McFarland. Concurrently, Andrew Gnazzo and Mike Darling secured acquisition financing for buyer John M Corcoran & Co. (JMC), arranging a $37.1 million fixed-rate, interest-only Fannie Mae loan. JMC has partnered with Stars REI, a global, privately held company …

January 16, 2026

Finance New York News Northeast

Walker & Dunlop Arranges $116 ReFi for Yonkers Property

by Lynn Peisner January 15, 2026

YONKERS, N.Y. — Walker & Dunlop has arranged a $116 million Fannie Mae loan to refinance Alexander Crossing in Yonkers. Aaron Appel, Jonathan Schwartz, Keith Kurland, Adam Schwartz, Dustin Stolly, Sean Reimer, Michael Ianno, Sean Bastian and Jack Krentzman arranged the five-year, fixed-rate loan for New York City-based Rose Associates and joint venture partner Battery Global Advisors, an asset manager headquartered in Boston. Alexander Crossing is a seven-story, 440-unit building comprised of studio through three-bedroom layouts, including 44 apartments designated affordable. Rent restrictions were not publicly available. The community is …

January 15, 2026

Investment Sales New Jersey News Northeast

Klein Enterprises Sells Belleville, New Jersey, Asset for $80 Million

by Lynn Peisner January 14, 2026

BELLEVILLE, N.J. — JLL has arranged the sale of and financing for SilverLake Apartments, a 232-unit community in Belleville, 15 miles northwest of Manhattan. The seller was Klein Enterprises, and the buyer was Sym Investments. The asset, built in 2021, traded for $80 million. JLL arranged a $56 million Freddie Mac acquisition loan for Sym. SilverLake comprises two five-story buildings with a mix of studios, one- and two-bedroom units and 17,024 square feet of commercial space that is 100 percent leased. Seventy-one percent of the retail space is occupied by …

January 14, 2026

Affordable Housing Development Finance News South Carolina Southeast

Woodfield, FRP Secure Financing, Launch Construction of Mixed-Use Project in West Greenville

by Lynn Peisner January 13, 2026

GREENVILLE, S.C. — FRP Development Corp. and Woodfield Development are underway with construction of Woven, a mixed-use project in the Village of West Greenville. Known locally as simply The Village, this neighborhood is home to some of the city’s historic mills and has been redeveloping since the early 2000s into an arts, small-business and entertainment area. Woven, located at 1279 Pendleton St., will anchor the western edge of the neighborhood and will include 214 one-, two- and three-bedroom units offered at market and affordable rates. Specific affordable restrictions were not …

January 13, 2026

California Investment Sales New Jersey News Northeast Pennsylvania Washington Western

JRK Buys Three-Property Portfolio From Equity Residential for $400 Million

by Lynn Peisner January 12, 2026

LOS ANGELES — JRK, a Los Angeles-based real estate investment firm, has acquired a three-property, $400 million portfolio from Equity Residential (NYSE: EQR). The properties are Centennial (408 units) in Seattle, 77 Park Avenue (301 units) in Hoboken, New Jersey, and C on Pico (94 units) in Los Angeles. Including this purchase, JRK acquired $1.3 billion in multifamily assets, encompassing 3,400 units, in the United States in 2025, including Edge 1909, a 364-unit property in the Strip District of Pittsburgh acquired in December.

January 12, 2026

Development Finance New York News Northeast

Walker & Dunlop Arranges $867 Million for Office-to-Residential Conversion in Manhattan’s Financial District

by Lynn Peisner January 9, 2026

NEW YORK CITY — Walker & Dunlop has arranged $867 million in financing for an office-to-residential conversion project at 111 Wall Street in Lower Manhattan’s Financial District. The package consists of a $778.6 million construction loan with Apollo Global Management, J.P. Morgan Chase & Co. and TYKO Capital serving as lenders. Walker & Dunlop also advised on the extension of an existing $88.4 million C-PACE loan from Petros that remained in the capitalization. Walker & Dunlop’s team was led by Dustin Stolly, Aaron Appel, Adam Schwartz, Keith Kurland, Jonathan Schwartz, …

January 9, 2026

Affordable Housing Investment Sales New York News Northeast

HVPG Acquires Long Island Affordable Housing Property for $145 Million

by Lynn Peisner January 8, 2026

HEMPSTEAD, N.Y. — Hudson Valley Property Group (HVPG) has acquired 100 Terrace Apartments, a 430-unit affordable housing community located at 100 Terrace Ave. in Hempstead, a city in Nassau County. Total acquisition costs were approximately $145 million. HVPG is planning to invest roughly $23 million in renovations to the property, which was originally constructed in 1972. To ensure long-term affordability for residents, HVPG has secured a renewed HUD Project-Based Section 8 Housing Assistance Payment (HAP) contract covering 99 percent of the property’s units. Under this agreement, income-qualified residents will pay …

January 8, 2026

Development Midwest Missouri News

Mia Rose Holdings and Its Partners Break Ground on $57.5 Million Mixed-Use Project in St. Louis Metro

by Lynn Peisner January 7, 2026

WILDWOOD, MO. — Locally based Mia Rose Holdings, along with Ed Kohn and Greenberg Development Co., has begun construction of Wildwood Luxury Living, a 188-unit community in Wildwood, 30 miles west of St. Louis. The developers are planning to deliver 188 luxury apartments with approximately 7,000 square feet of ground-floor commercial and restaurant space. First move-ins are predicted to occur in summer 2027. The project, which includes 7,000 square feet of commercial and retail space, is designed to complement the existing Wildwood Town Center, a mixed-use district. Wildwood Luxury Living …

January 7, 2026

Affordable Housing Development News Texas

High Street Residential Breaks Ground on Dallas Transit-Oriented Development

by Lynn Peisner January 6, 2026

DALLAS — High Street Residential (HSR), a subsidiary of Trammell Crow Co., has broken ground on a 394-unit transit-oriented development in Dallas. The project, which has yet to be formally named, is part of a multi-phase conversion of approximately 16 acres of under-utilized surface parking owned by the Dallas Area Rapid Transit (DART) agency. The project is located at the SMU/Mockingbird station. At full buildout, the area will be a pedestrian-friendly, mixed-use neighborhood surrounding the DART station. HSR’s apartment project is expected to be complete by the end of 2027. …

January 6, 2026

Affordable Housing Development Finance New York News Northeast

Gilbane Secures Financing for $193 Million Bronx Affordable Housing Development

by Lynn Peisner January 5, 2026

NEW YORK CITY — Gilbane Development and several project partners have closed on financing for Renova West at 860 Concourse Village East in the Morrisania neighborhood in the Bronx. The $193 million project encompasses a 19-story mixed-use affordable housing development along with a new 7,000-square-foot ICL Bronx Health Hub, which provides physical and behavioral health care. Development partners include the Institute for Community Living (ICL), Tredway, New York City’s Department of Housing Preservation and Development (HPD) and Housing Development Corp. (HDC). The capital stack is comprised of debt and equity …

January 5, 2026

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