Press Releases

Posted On August 7, 2024

Rose Associates Names two new Managing Directors

Rose Associates, Inc., the New York-based multifamily real estate developer and manager, has recently appointed two individuals to the role of managing director. Alex Chin has been named managing director of finance and accounting, and John Nowak has been named managing director of construction.
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Posted On July 16, 2024

Rose Associates JV Obtains $113M in refinancing of Alexander Crossing

A joint venture between Rose Associates and Battery Global Advisors has obtained $112.7 million for the refinancing of Alexander Crossing, a recently completed 440-unit community in Yonkers, N.Y. Walker & Dunlop secured the note through Affinius Capital. Previous financing includes a $107.4 million construction loan originated in May 2021 from Bank of America, according to Yardi Matrix information. Two months later, Yonkers Industrial Development Agency also provided $3 million for the development. The Class A community broke ground in November 2021 and was topped out in 2022. Partners on the project included general contractor Callahan Construction Managers and architecture firm Perkins Eastman.
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