Affordable Housing
Berkadia Brokers Sale of 206-Unit Houston Community
Tranquility Capital, Abundance Equity Partners and Rubio Investors acquired the five-building property.
Avanath Buys Sacramento-Area Portfolio for $182M
The portfolio includes four affordable and two senior housing communities built between 2008 and 2017.
LAC Builds Affordable Housing in Colorado
Construction has already begun and the first units are slated to come online next year.
Brookfield Properties Sells Historic Boston Community
The 305-unit adaptive reuse asset was rehabilitated in 2010.
Wayfinder Sells Austin Property
This marks the firm’s first project to be completed and sold since its founding in 2019.
Los Angeles Affordable Development Lands $72M
The financing will bring online 200 units in central L.A.
CPP Buys, Renovates Affordable Tennessee Properties
The company’s investment in the two properties totals $36 million.
4.3 Million New Apartments Needed by 2035
The finding is a highlight of the latest report from NAA and NMHC.
$189M Bronx Affordable Housing Breaks Ground
Starhill Phase I will feature 326 units, including 200 residences set aside for the homeless.
Toro Expands Development Pipeline
The firm purchased the site to build The Reid, a 186-unit partially affordable community in Atlanta.