Financing Secured for Residential High-Rise in Philadelphia

Radnor Property Group has landed US$142.6 million in financing for The Hamilton, a new high-rise apartment community in Philadelphia’s Center City neighborhood. The core, Class A, two-phase building will feature 576 units. Phase I of The Hamilton, featuring a 10-story, 279-unit building with a 138-space structured parking garage, was completed in 2019. Scheduled to be completed

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Apartment Profile: The Hamilton

The Community College of Philadelphia gets its first “dormitory.” That word, however, doesn’t do this building justice. The Hamilton Apartments, 1520 Hamilton St., Philadelphia, Pa. 19130 | Model apartment photos: Ray Cavicchio Photography; all others: HomeJab; photos via Radnor Property Group The Community College of Philadelphia gets its first “dormitory.” That word, however, doesn’t do this building

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Redevelopments Are Better Suited To Thrive Through A Downturn Than New Construction

Philly is riding a development wave in multifamily, but the market’s best bet going forward might the same thing that kicked off its 21st century revival. Bisnow/Matthew Rothstein First American Vice President Annemarie Caruso, Hunt Real Estate Capital Managing Director Harris Heller and Red Rocks Group Managing Director Ethan Fellheimer Philadelphia continues to deliver apartments at an

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After A Decade Of Failures, Newark’s New Construction Boom Finally Takes Off

Until 2017, residential development in downtown Newark was largely a figment of developers’ imaginations. Over the decade prior, proposals were ambitious but financing was scarce. The one project that had gained financing, Eleven80, a rehabilitation-and-reuse of a long dormant former office building, had gone into foreclosure in 2009, reemerging several years later as a diamond

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Carl Dranoff: Timing For Newark Projects Couldn’t Be Better

NEWARK, NJ – Newark has a lot of up-side. But it’s come a long way to achieve that, especially on the multi-family side of the game. So CapRE’s Newark CRE Summit included a panel titled The Newark Multifamily Surge: Analysis of Tenant Dynamics and the City Infrastructure to Support this Growth, moderated by Frank E.

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