Multifamily news in Affordable Housing - Houston
-
Claridge Properties Acquires 291-Unit Houston Community
The buyer assumed the existing HUD loan of $9.6 million, originated by Prudential Financial in 2007.
-
Herman & Kittle Opens 264-Unit Houston Community
The $38.5 million affordable property offers a mix of one- to three-bedroom units off Texas State Route 8.
-
Top Texas Metros for Multifamily Development in 2020
By August, developers had delivered 26,300 units in Austin, Dallas and Houston combined, placing the three areas among those with the highest multifamily completions in the country.
-
Berkadia Arranges Southern Houston Apartment Sale
Scott Bray, Ryan Epstein and Jennifer Ray represented the seller in the disposition of the partially affordable, 150-unit community.
-
Greystone Arranges Financing for Affordable Houston Project
Managing Director Shana Daby secured a $49 million, HUD-insured loan for the 324-unit development.
-
Gardner Capital Completes Construction on Houston Mixed-Income Community
The firm financed the 144-unit development with a $16.6 million loan from Zions Bank.
-
Bolour Begins Redevelopment of 2 Houston Communities
The renovations of the 780-unit multifamily portfolio were financed with a $29 million loan.
-
Starwood Buys 21 Affordable Housing Communities
The 4,448-unit portfolio is spread across Dallas-Fort Worth, Houston and Florida and is 96 percent occupied.
-
Hunt Arranges Refi for 940-Unit Houston Affordable Property
The $28.3 million Freddie Mac financing will be used to upgrade interiors of vacant units and add a leasing office and fitness center to The Heights at Post Oak.
-
Affordable Houston Community Reopens Following Rehab
Dominium completed a $7 million interior and exterior overhaul at Quail Chase, a 248-unit development in the northern part of the metro.
-
A Closer Look at Affordable Development in Houston
Rick Guttman, founder of local firm Dakota Enterprises, talks about what is driving the metro’s multifamily market as well as its most stringent issues.
-
Freddie Mac, NEF Launch New LIHTC Fund
The fund’s first three investments in Houston and Los Angeles total more than $60 million and come several months after Freddie Mac re-entered the LIHTC market.
-
NXT Capital Provides $18 Million Financing for TX Acquisition
The Class B+ community is located in Houston, roughly 11 miles west of George Bush Intercontinental Airport and 1 mile west of Interstate 45.
-
Dalcor Holdings Secures $52M for Houston Affordable Housing
The company's plan to acquire and restore the 805-unit Vista on Gessner is significant to the area because Hurricane Harvey caused damage to the housing stock.
-
Allied Orion Group to Manage Houston Affordable Housing
The community, located in Crosby, Texas, and currently undergoing renovations, contains 86 units and five buildings.