Affordable Housing
Reviving America’s Workforce Housing: Spotlight on the Hudson Valley
Aker Cos. Principals Will Brocker and Mike Amato detail the company’s plans to revitalize the workforce housing market in the region.
Red Stone Equity Partners Closes $207M LIHTC Fund
The vehicle marks the firm’s largest ever and will help create or rehabilitate more than 1,600 affordable units.
Manhattan Multifamily Project Secures $59M Financing
The development will add 113 units within an Opportunity Zone in one of the borough’s growing submarkets.
Social Impact Investors Target Naturally Occurring Affordable Housing
Through “quick strike” funds, impact-minded sponsors are competing with value-add investors that purchase older properties with the goal of raising rents.
Dominium Expands Arizona Footprint
The 308-unit development in Phoenix is slated for a 2022 completion.
Quinlan Kicks Off 17-Story Mixed-Income Brooklyn Project
CIT Group provided a $35.7 million construction loan, with Hines contributing mezzanine financing.
Affordable Senior Community Opens Near Washington, DC
UrbanMatters Development and Atlantic|Pacific Communities broke ground on the project in 2019.
TWG to Develop 2 Affordable Properties in Seattle
These communities represent the firm’s first fully affordable housing developments in the market.
HomeSpring Realty JV Lands $32M for San Antonio Affordable Housing
Bellwether Enterprise provided the funds through its Direct Bond Purchase Program.
Catalyst, CalCHA Acquire 2 California Communities for $231M
The partnership will convert nearly 600 units into rent-restricted apartments for middle-income households.