Newark, Irvington apartment owner refis for $39 million, Greystone says

The owner of a 287-unit apartment portfolio in Essex County has refinanced for more than $39 million, Greystone said, securing the debt under Freddie Mac’s Small Balance Loans program.

Brooklyn landlord sells 255-unit Newark portfolio for $22 million

An eight-building, 255-unit apartment portfolio in Newark has changed hands for more than $22 million, following an off-market transaction arranged by Alpha Realty.