Affordable Housing - Los Angeles
-
WNC Earmarks $94M for CA Affordable Portfolio
A recently closed LIHTC fund is providing capital to acquire and renovate 972 units in Los Angeles, Sacramento and other California cities.
01 March 2018 14:44 -
Hunt Mortgage Provides Refi for LA-Area Community
The company worked on behalf of The Highlander Group to secure a $5.2 million Freddie Mac loan for Candlewood Apartments, a 43-unit affordable property in Whittier.
09 February 2018 13:50 -
CGI Kicks Off Construction at Koreatown Project
The Mariposa will feature a total of 121 units, out of which 17 will be dedicated to low-income earners. Completion of the development is scheduled for the spring of 2019.
12 January 2018 18:24 -
Integrity Working on Affordable Housing in Ventura
Riverside Apartments will feature 23 units and will incorporate sustainable construction best practices. The project is being developed in partnership with MW Development.
09 January 2018 15:25 -
Burbank Gets First Industrial Area TOD
Newman Garrison + Partners will design the high-profile project in Burbank, Calif. The apartment community targeted towards Millennials will feature market-rate and affordable units.
11 October 2017 11:47 -
Berkadia Completes $35M Sale in SoCal
Metro 102 Apartments, an affordable apartment community in Ontario recently changed hands for $35 million. The purchase was capitalized primarily with foreign investment money.
10 October 2017 14:39 -
KTGY Designs LA Container-Based Homeless Housing
Aedis Real Estate Group's Hope on Alvarado is the first in a series of area developments using shipping containers as a primary building material. The community will provide support services for people transitioning from homelessness.
02 October 2017 15:55 -
Integrity Opens CA Senior Housing
In partnership with Mayans Housing Corp., the firm has debuted an 84-unit community in Pomona. Of the units, five will be reserved for veterans.
29 August 2017 14:06 -
LA Senior Communities Receive $19M Mortgage Financing
The funding, obtained through the company's bond purchase program, will be used for the acquisition, rehabilitation and permanent financing of three affordable developments.
17 August 2017 16:24 -
Walker & Dunlop Closes $289M Financing for CA Portfolio
The properties comprise nearly 2,200 units in four major markets. Of the 21 properties, 11 have Section 8 HAP contracts to provide affordable housing, and 10 qualify for Fannie Mae's Green Rewards Program.
02 August 2017 15:44 -
BRIDGE Housing Breaks Ground on $1B Revitalization
The firm and Los Angeles' Housing Authority started work on a community that will transform the Jordan Downs housing project in Los Angeles. Phase I will add 115 affordable units.
08 June 2017 14:31 -
Sares Regis Breaks Ground on Downtown Long Beach Communities
The three communities totaling 348 units were designed by Studio One Eleven and are adjacent to retail amenities. The properties are slated for completion in 2019.
07 June 2017 15:45 -
Affordable Housing Finance Veteran Joins Jonathan Rose
As West Coast director, Kelly Boyer will work with the company’s New York-based acquisitions team, sourcing new investment opportunities on the West Coast, including direct investments and joint ventures, as well as managing operating partner relationships.
05 June 2017 14:01 -
Carrier Johnson + CULTURE LA Project Begins Construction
The 161-unit apartment community will replace an empty 81-year-old two-story building with a modern design that utilizes metal panels and ceramic tile.
23 May 2017 16:32 -
LINC Opens LA-Area Affordable Community
Mosaic Gardens at Willowbrook is a $20 million development built for low-income families and homeless households, with support from several public and private entities. The latest homeless count shows there are nearly 47,000 homeless in Los Angeles County.
26 April 2017 18:17