New York

The developers obtained $51 million in financing to acquire properties in the Bronx and Brooklyn.

The New York City office of real estate lending and investment firm Greystone provided a $68.77 million Fannie Mae DUS loan to Quantum Equities for the property purchase.

The companies value the US multifamily sector at more than $3 trillion and say that it has delivered higher and less volatile returns than most major US real estate sectors during the past 25 years.

APARTMENTSTech will focus on multifamily landlords that are using emerging tech in VR/AR, data and analytics, IOT/Smart Homes, and deal management platforms.

After stepping down from the Landmarks Preservation Commission on June 1, Meenakshi Srinivasan starts next week at the powerhouse law firm.

There is a willingness on the part of the investor to accept less returns because the asset class is so steady.

While mid-market projects are increasing, that does not minimize the tremendous impact and market share large-scale projects maintain in New York City.

The software startup is now leasing two floors in the area of Chelsea that's close to the Garment District and Koreatown.