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.
Lee & Associates New York City senior managing director Ben Tapper in an EXCLUSIVE GlobeSt.com article opines that the new state legislators will create challenges for property owners.
Apart from a select few institutional investors that have access to the capital markets, there are limited secondary market opportunities for SFR loans with middle-tier investors, according to a white paper by Freddie Mac.
The deal for the portfolio secures the Boston-based firm gross proceeds of approximately $113.5 million. The properties are 100% leased to seven tenants. The portfolio was acquired by Exeter Property Group of Conshohocken, PA.