Stevenson Commons

755 White Plains Road
Bronx, NY

Submarket: Soundview
Square Footage: 1,021,752
Total Units: 948
Total Capitalization: $128.5 million
Development Type: Affordable Rehabilitation
Purchase Date: June 2017
Status: Under Construction

CPG Role: Developer

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    Stevenson Commons - Plaza/Entrance

NEWS


[Stevenson Commons]
948 Affordable Units Preserved in the Bronx

By Jeffrey Steele, Multi-Housing News
August 14, 2017

LIHC Investment Group, Belveron Partners and Camber Property Group will rehabilitate Stevenson Commons in the New York City borough. The initiative is moving forward through an agreement with the New York City Housing Development Corp…
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[Stevenson Commons]

These were the 10 biggest Bronx deals in Q2

By Eddie Small, The Real Deal
August 3, 2017

Apartment buildings dominated the Bronx investment-sales market during the second quarter, comprising six of the borough’s top 10 deals, including all top four spots. The $70.9 million sale of Section-8 housing complex Stevenson Commons in Clason Point took the top spot on the list…
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[Stevenson Commons]

LIHC, Belveron, Camber JV close $127M housing preservation deal in the Bronx

By REW, Real Estate Weekly
July 18, 2017

LIHC Investment Group, Belveron Partners, and Camber Property Group have announced plans to rehabilitate and preserve 948 units of affordable housing at Stevenson Commons in the Bronx…
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[Stevenson Commons]

Camber Property and nonprofit buy Bronx housing complex for $71M

By Eddie Small, The Real Deal
July 14, 2017

Camber Property Group has teamed up with nonprofit Settlement Housing Fund to purchase a package of 11 residential buildings in the South Bronx for $70.9 million, property records show…
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