Northeast CRE News

Commercial Real Estate News

135 East 12th Street in Manhattan's East Village, the former Loeb Hall student housing property acquired by Hawkins Way Capital and Varde Partners for repositioning under the FOUND Study brand.
Property TransactionsStudent Housing

Hawkins Way Capital and Varde Partners Acquire East Village Student Housing Property at 135 E. 12th St.

Hawkins Way Capital and joint venture partner Varde Partners have acquired 135 East 12th Street, a purpose-built student housing property in Manhattan's East Village formerly operated as Loeb Hall by The New School. The deal marks Hawkins Way Capital's third consecutive Manhattan acquisition this year under its FOUND Study student housing platform.

Hawkins Way Capital
Capital Interstate Logistics Center in Forestville, Maryland, where C3M Power Systems has signed a lease for more than 141,000 square feet as Silver Line Development repositions the former furniture showroom into a regional logistics hub.
Leasing

C3M Power Systems Signs 141,000-Square-Foot Lease at Silverman Group's Capital Interstate Logistics Center in Forestville

C3M Power Systems, a subsidiary of Clark Construction Group, has signed a lease for more than 141,000 square feet at The Silverman Group's Capital Interstate Logistics Center in Forestville, Maryland. The deal consolidates C3M's two existing Maryland operations into a single facility at 3300 Marlo Lane, which Silverman Group acquired in May 2026 for $25 million and is repositioning as a regional distribution hub.

Warehouse & Distribution

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An architectural rendering of 1 Fremont in Seattle’s Fremont Village neighborhood, the 105-unit mixed-use project financed through Strathcona Capital and Belay Investment Group’s $32.7 million senior construction loan.
FinancingMultifamilyMixed Use+1

Strathcona Capital and Belay Investment Group Close $32.7 Million Construction Loan for 105-Unit Seattle Multifamily Project

Strathcona Capital and Belay Investment Group have closed a $32.7 million senior construction loan for 1 Fremont, a 105-unit mixed-use multifamily project in Seattle's Fremont Village neighborhood. The deal also marks the launch of a programmatic joint venture between the two firms targeting construction and bridge financing opportunities across the United States.

Belay Investment Group
The Monticello apartment building at 415 Boren Avenue in Seattle's First Hill neighborhood, acquired by Nordic Partners Investments in its $14.4 million purchase of the 107-unit property.
Property TransactionsMultifamily

Nordic Partners Investments Acquires 107-Unit Seattle Apartment Building for $14.4 Million

Bellevue-based Nordic Partners Investments has acquired a 107-unit apartment building in Seattle's First Hill neighborhood for $14.4 million, marking the five-year-old firm's largest transaction to date. The property at 415 Boren Avenue traded at approximately $134,579 per unit, roughly 55% below the average per-unit price for comparable Seattle multifamily assets.

Kidder Mathews
The U.S. Treasury 10-Year yield chart provides interest-rate context for Greystone's $30.3 million HUD refinance of a four-property Rhode Island skilled nursing portfolio.
FinancingHealthcare

Greystone Closes $30.3M HUD Refinance for Rhode Island Skilled Nursing Portfolio Led by Christopher Clare and Ryan C. Harkins

Greystone has closed a $30,260,600 FHA/HUD-insured refinance for a four-property skilled nursing portfolio in Rhode Island, replacing prior bridge financing with long-term permanent debt. The transaction was originated by Christopher Clare and Ryan C. Harkins, with additional team support from David Young, Parker Nielsen, Liam Gallagher, and Ben Rubin.

Greystone Real Estate Capital