Roseland, NJ RHO Residential LLC has been selected by the new ownership group of the former Veris Residential portfolio to manage 15 multifamily properties totaling 6,000 apartments across the Northeast, marking a significant expansion of its third-party management platform.
Woburn, MA JLL Capital Markets completed the sale and financing of 215 Salem St., a 62,155 s/f shallow bay industrial facility. JLL represented the seller in the sale to Kadima Industrial Partners. Working on behalf of the new owner, JLL also arranged the acquisition financing with Webster 5 Cent Savings Bank.
Boston, MA Heading Home, Inc., a leading nonprofit provider of shelter, housing, and support services for families and individuals that is committed to ending homelessness in Eastern Massachusetts, is actively seeking to acquire a property to test an innovative, scalable affordable housing solution for working-class families across Massachusetts.
Boston, MA Hudson Assembly, a joint venture between Evan Papanastasiou of Assembly Investments and Noam Ron of Hudson Group, with capital partner Time Equities, Inc., have completed the acquisition of 230 Congress St., a 151,163 s/f office, retail, and telecommunications building in the city’s Financial District.
Lawrence, MA Northmarq’s Boston Debt + Equity team led by Kevin Sykes, Ed Riekstins and Jeffrey Munoz arranged $22.855 million in acquisition financing for Elora Flats & Townhomes, a 104-unit mid-rise multifamily community located at 112-114 Marston St.
Norwood, MA Colliers completed the arrangement of $44.5 million in construction financing for 259 Lenox St., a 145-unit multifamily development. Colliers arranged the construction loan with Beacon Bank on behalf of the developer Tremont Asset Management LLC.
Worcester, MA JLL Capital Markets has arranged $39 million in financing for The Arbella at Bramble Hill, a recently completed, 123-unit, Class A active adult community. JLL worked on behalf of the developer, The United Group of Companies, Inc. (United Group) to secure the bridge loan through Eastern Bank for UW Senior, LLC (borrower).
Kingston, MA Rockland Trust has approved a $11 million financing package to support the development of Longview Behavioral Health, a new inpatient and outpatient behavioral health campus.
Boston, MA Elaine Construction has completed a new 12,500 s/f rooftop amenity at One Financial Center, the iconic tower located near South Station in downtown. In partnership with architects Visnick & Caulfield and landscape architects MDLA Landscape Architects,
North Reading, MA Columbia has promoted Sharon Jozokos and Matt Arsenault to senior vice president positions. Over the last decade, Jozokos has grown Columbia’s Healthcare team into one of the premier healthcare construction teams in the region
Westminster, MA Integrated Builders has completed construction of The Home Depot bulk distribution center, a large-scale industrial logistics facility designed to support high-volume distribution operations, efficient product movement, and long-term supply chain performance.
Danvers, MA St. John’s Prep broke ground on the Memorial Student Commons, marking a major milestone in the school’s Vision 2032 strategic plan and launching a transformative renovation and expansion project that will reimagine one of the school’s most historic buildings.