Affordable Housing - Northeast

  • Luxury Boutique Community in Brooklyn Hits the Market

    Meridian Capital Group will handle the sale of the recently completed Brooklyn Grand, a two-building residential and retail development in Williamsburg.

    05 December 2017 21:13
  • NCC Acquires Newark Section 8 Housing for $160M

    NCC and Greystone Affordable Development have facilitated the acquisition of four New Jersey properties totaling 842 units. The deal includes funding for the rehabilitation and the long-term preservation of the properties as subsidized rental housing.

    01 December 2017 17:11
  • BPDA Approves 660-Unit Brighton Development

    The approximately 600,000-square-foot project, developed by Cabot, Cabot & Forbes, will include 98 affordable units and 510 parking spaces.

    27 November 2017 07:19
  • Former Maine Church Becomes Senior Housing Community

    The construction of St. Ignatius, a 66-unit senior housing community in Sanford is now complete. WNC provided $8.6 million in LIHTC equity to help fund the project.

    23 November 2017 10:17
  • JV Closes Refi of Affordable NJ Property

    The Diocesan Housing Services Corp., MDG Design + Construction and Hudson Valley Property Group will help maintain the affordability of 205 units in Cape May for the next two decades.

    22 November 2017 14:57
  • Mixed-Income Community Breaks Ground in MA

    A joint venture is developing Mass+Main, a $190 million project that will feature 248 market-rate and 60 affordable units. The property is slated for a mid-2020 completion.

    17 November 2017 16:11
  • Brooklyn Residential Tower Lands $218M Refi

    Located in Brooklyn Cultural District Fort Greene, the Gotham Organization's 586-unit Ashland offers residents a wide range of amenities, including a 17,000-square-foot Gotham Market.

    09 November 2017 15:34
  • Royal Capital Group Breaks Ground on Affordable WI Community

    The $20.3 million development will feature 94 units. UnitedHealthcare is the largest private investor, providing $5.4 million in equity funding.

    08 November 2017 16:51
  • JV to Build 274 Affordable Units in Brooklyn

    HPD and HDC designated the joint venture between MHANY Management, Urban Builders Collaborative and Cypress Hills Local Development Corp. to develop Chestnut Commons, which will be East New York’s largest affordable community.

    31 October 2017 13:49
  • WinnCompanies Completes MA Adaptive Reuse

    Residences at Mill 10 includes 75 units of mixed-income housing in a 110-year-old former mill building in the western Massachusetts community of Ludlow.

    30 October 2017 13:47
  • TD Bank Invests in Affordable Philly Community

    The bank provided a $9.1 million construction loan and purchased $12.0 million in federal tax credits. The money will be used to redevelop a nursing home into a 60-unit affordable housing project for seniors.

    18 October 2017 20:34
  • Breaking Ground Opens 1st Affordable Community

    Designed by COOKFOX Architects, Park House is an $86 million, 248-unit project in the Bronx, built to accommodate low- and very low-income families.

    06 October 2017 15:07
  • SG Blocks to Develop Largest Projects in Company History

    The developer of container-based structures plains to build two low-income housing projects totaling 390,000 square feet in New York State. Both multistory buildings will be fully modular.

    05 October 2017 14:59
  • Emerald Equity Lands $129M for Bronx Portfolio

    Sabal Capital Partners closed on 34 Freddie Mac Small Business Loans on behalf of Emerald. Comprising more than 850 units, this marks the largest Small Balance Loan transaction through the Freddie Mac SBL program since it was created in 2014.

    05 October 2017 14:11
  • Beacon Communities Buys NDC, $250M Portfolio

    The residential development company now owns National Development Corp. and its 59 properties, most of which are affordable communities. The portfolio is valued at more than $250 million and expands Beacon’s portfolio to 14 states.

    02 October 2017 21:01