Greystar, Haseko Break Ground on Mixed-Income Needham Apartments
Greystar and Haseko North America, the U.S. subsidiary of Japan’s largest condominium construction firm, have broken ground on a 189-unit multifamily development at 100 West St. in Needham, MA. 100 West, which adds a mix of apartment sizes and 24 units of affordable housing to the community, is amongthe largest projects to advance through zoning established under Section 3A of the Massachusetts Zoning Act, otherwise known as the MBTA Communities Act.
“This project exemplifies the spirit of the MBTA Communities law,” said Undersecretary Chris Kluchman of the Executive Office of Housing and Livable Communities. “It’s close to transit, it transforms previously vacant, unproductive space into a combination of market-rate and affordable homes, and it creates an enhanced local revenue stream to help fund schools and other local services long into the future.”
Greystar has developed more than 2,000 units of housing in Massachusetts to date, including 1,905 units across five buildings in the Commercial Triangle of Everett. 100 West is Haseko North America’s initial foray into East Coast markets.
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Fourth Sale Closes in Anaheim Multifamily Portfolio
Marcus & Millichap arranged the sale of Knott-Orange Apartments, a 35-unit multifamily property located at 515 S. Knott Ave. in Anaheim. The property sold for $9.65 million, or $275,714 per unit. “This transaction marked the fourth closing from a larger Anaheim-area multifamily portfolio as the seller continues to reposition its holdings through a 1031 exchange...
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JLL Arranges $135M Financing for Luxury Multifamily in Yonkers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout