The Capital Services Group of Ariel Property Advisors recently closed three loans from private lenders totaling more than $17 million to finance condominium construction projects in Brooklyn and Queens. An Ariel team led by... Read more »
REALM, in partnership with Delshah Capital and A.M. Properties, has acquired CitySpire, a 377,000-square-foot office condominium comprising 24 floors within the 70-story tower at 156 W 56th St. in Midtown Manhattan. Purchased at an 8.5% cap rate,... Read more »
Aaron Kirman’s Christie’s International Real Estate Southern California is testing the breadth of demand for coastal condo living, with the brokerage zeroing in on locals previously priced out of the market and... Read more »
In a city where new construction could come with a hefty 400% markup compared with existing homes, one developer is betting on “attainable luxury” with a musical twist. The Rider is bringing... Read more »
Condominiums in Southern California, long regarded as an entry-level housing play, are becoming within reach for more residents. Condo prices across the region fell 6 percent year-over-year in February to a median... Read more »
Perched on the 5th floor of Seamark in North Palm Beach, 507 Golfview Road #503 offers a rare opportunity to own a furnished waterfront residence with some of the most compelling intracoastal... Read more »
Boston homebuyers looking to make a real lifestyle upgrade will want to check out this residence at 25 Beacon St.—right next to the Massachusetts Statehouse. One of the building’s residences is on... Read more »
California lawmakers are weighing bills that would reduce regulatory barriers to revive condominium construction, which has dropped significantly from its peak in the years before the Great Recession. Assembly Bill 1406 would... Read more »
At the same time, the government-sponsored enterprises (GSEs) will eliminate limited and streamlined review options for condo loans starting Aug. 3, requiring full project reviews in all cases. The shift is expected... Read more »
On Wednesday, Fannie Mae and Freddie Mac adopted extensive changes to their requirements for approvals of condominium projects that are eligible for their loan purchase. The changes created more flexibility and affordability... Read more »