Northeast

In the latest trade, HFF marketed the property exclusively on behalf of the seller and also worked on behalf of Relative Properties to place the fixed-rate acquisition loan through Freddie Mac.

Deal flow has picked up since the first quarter, Yardi Matrix says, and points out that the drop in the 10-year U.S. Treasury rate to just over 2% could boost sales.

The group is now led by four senior female leaders.

Blackstone Group is close to agreeing on a deal valued at $1.1 billion to sell a portfolio of Spanish mortgages to CarVal Investors, sources say.

Still pending is the approval by HFF stockholders at the company's annual meeting earlier in the day on July 1.

The development team of Hornrock Properties of Park Ridge, NJ and Livingston, NJ-based BNE Real Estate Group recently held a ribbon cutting for the five-story development located at 1 Harrison Ave.

Marketing of the 236-unit development began just four months ago. The 60% leased milestone came last week as construction on the Harbor 1500's 42,000 square feet of amenities came to a close.

With the sale of Highbridge House at 1133 Odgen Ave. which closed on Friday, all 400 units will be affordable housing.