Original Northeast commercial real estate news & events for New York, New Jersey, Boston, Philadelphia, and other northeastern US states, plus expert insights, commentary and analysis into secondary and tertiary regional and local markets.
In a statement released to Globest.com on the deal, GDC stated the company determined “the Bridgeport properties do not align with GDC's strategic focus on development in its primary market, which is Westchester County and the Hudson Valley.”
Hunt's managing director, Harris Heller, says the transaction demonstrates strong leasing velocity that was fueled by the quality of the construction and strength of the submarket.
SVN Affordable says it targeted "a specific type of buyer" and structured the transaction with a creative capital stack at market pricing that was compelling for the seller.
Cassetti will focus on growing Colliers' operations and business throughout the region, while recruiting top talent and providing clients with the highest level of service.
The US multifamily real estate value creation fund had its first close in August 2018, exceeded its target size in October, achieved its hard cap and was oversubscribed with the final close in December 2018.
“After numerous condemnations of multi-family homes in Yonkers due to landlords not providing safe and secure buildings to their tenants, it became very evident that the city needs to hold these landlords more accountable for their negligence,” says Yonkers Mayor Mike Spano.