Multifamily news in Affordable Housing - Los Angeles
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Ravello Holdings Lands $55M Loan for Los Angeles Affordable Project
Merchants Capital provided the financing for the development of the 118-unit property in Palmdale, Calif.
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Meet The Beacon: 2020 MHN Excellence Gold Winner, ‘Affordable Development & Design’
A slideshow of the award-winning entry by The Architects Collective and developer Century Affordable Development Inc.
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Positive Investments Buys Los Angeles Affordable Housing
The 200-unit community in Sylmar last changed hands in late 2018 for $13.5 million.
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Standard Cos. Pays $31M for Affordable Pasadena Community
The transaction preserves affordability for all 61 units for the next 55 years.
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Housing Diversity Corp. Brings Micro-Housing to Hollywood
The developer has broken ground on an affordable housing project located within an Opportunity Zone.
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1st Phase of $1B Los Angeles Redevelopment Completed
BRIDGE Housing started construction on the project’s first 115 affordable units in 2017.
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3650 REIT Arranges Loan for Los Angeles OZ Project
Hollywood Backlot Homes is a 10-acre manufactured home community in North Hollywood.
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LINC Breaks Ground on Los Angeles Affordable Project
The 64-unit development, catering to former homeless families and individuals, is slated for a late 2021 completion.
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JV Lands $37M Loan for Affordable Los Angeles Redevelopment
The 92-unit structure is the third phase of a $1 billion project that brings new life to a 700-unit public housing community dating from 1955.
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Greystone Provides $116M in Freddie Mac Loans
The refinancing covers three separate portfolios with a total of 34 multifamily properties in Los Angeles.
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WNC Raises $129M for Institutional LIHTC Fund
The latest LIHTC fund from the Irvine, Calif.-based firm will develop and renovate more than 1,600 affordable housing units in nine states.
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Meta Housing Completes Affordable Los Angeles Project
The transit-oriented Metro @ Western will provide housing for homeless veterans and their families.
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How to Prevent Cost Overruns in Multifamily Construction
Richard Lara, president & CEO of California-based RAAM Construction, explains how developers can save money and avoid delays in project deliveries.
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Afton Properties Buys Los Angeles-Area Property for $132M
Berkadia secured $108.7 million in Freddie Mac financing for the acquisition in Lancaster, Calif.
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Airbnb Pledges $25M to Affordable Housing Efforts
The short-term home lodging website will invest in projects supporting, building and preserving affordable housing in California.