HAP Investments Unveils New Plans for Jersey City High-Rise
A new high-rise and a public park could soon be coming to Jersey City.New York-based HAP Investments unveiled new plans for a 42-story apartment building at 500 Summit Avenue in Journal Square. Its 902 rental units will range from studios to three bedrooms, with...
HAP Investments pitching East Harlem rental portfolio as $130M upside play
With the new rent regulations having taking effect, Eran Polack sees an opportunity to sell a mostly market-rate portfolio at a premium.His company, HAP Investments, is looking to sell four multifamily rental buildings in East Harlem for a combined price of just over...
HAP Investments lands $55M loan for East Harlem building with rent-stabilized units
UPDATE Monday, June 24, 2019, 7:25 p.m.: Eran Polack’s HAP Investments closed on a $55 million refinancing of a rental building in East Harlem less than a week after sweeping rent regulation reform was passed by the state legislature.Asia Capital Real Estate, a...
HAP Investments secures $94M construction loan for Tribeca condo project
HAP Investments’ first project in Tribeca is moving forward with more than $107 million in financing.The $94 million construction loan for the 41-unit condominium was provided by G4 Capital Partners, the same private lender that provided HAP with a $32 million loan...