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This Week's Philadelphia Deal Sheet (April 4, 2022)

Published: April 13, 2022

Transactions and announcements of note from the past week in the Philadelphia region.

Source: bisnow.com

$146M sale of Long Island multi-housing community

Published: April 10, 2022

JLL Capital Markets announced today that it has closed the $146 million sale of The Wel, a 260-unit, newly constructed, mid-rise, luxury multi-housing community located in Lindenhurst, New York, along the South Shore of Long Island. The $146 million sale price was for both the real estate as well as the significant...

Source: rew-online.com

KABR continues strategy in Connecticut with $41.3M multi-housing buy

Published: April 5, 2022

KABR Group expanded its portfolio in Connecticut, with the acquisition of two boutique multi-housing communities in Stamford for $41.3 million

Source: njbiz.com

KABR Group purchases luxury Connecticut communities for $41.3M

Published: April 5, 2022

JLL Capital Markets, on behalf of KABR Group, announced the purchase of 750 Summer St. and 163 Franklin St., two boutique, mid-rise, luxury multi-housing communities in Stamford, Connecticut, totaling 116 units for $41.3 million. Formerly known as The Verano and The Moderne, respectively, both are expected to receive significant upgrades to the...

Source: rew-online.com