News

Commercial Property Executive – An Unexpected Boost for Market-Rate Housing Development

For years, it seemed the vast majority of housing subsidies—federal, state and city—went to affordable projects at the edges of our cities. At the same time, soaring…

Real Estate Weekly – Firms Partner to Buy, Rehab Mitchell – Lama Housing

Hudson Valley Property Group and Phoenix Realty Group (PRG) have partnered to acquire, renovate and preserve 612 units of formerly at-risk Mitchell-Lama workforce housing apartments in the…

Inman SF Bay Area News – Multifamily Operators Highly Active in Two Bay Area Counties

During the fourth quarter of last year, Santa Clara County accounted for nearly $800 million in multifamily transactions closed, including 83 multifamily transactions, totaling $371 million. Contributing…

GlobeSt.com – Two Bx Mitchell-Lama Towers Traded

New York City-based Hudson Valley Property Group and Phoenix Realty Group have partnered to acquire the 311-unit, 30-story Keith Plaza at 2475 Southern Blvd. and the 301-unit,…

GlobeSt.com – Multifamily Property Hits On All Cylinders For JV Buyers

Phoenix Realty Group and Intercontinental Real Estate Corporation recently acquired The Bridge, a 544-unit multifamily property in Hayward, California. “The Bridge hits on all cylinders with everything…