Affordable Housing
Claridge Properties Acquires 291-Unit Houston Community
The buyer assumed the existing HUD loan of $9.6 million, originated by Prudential Financial in 2007.
$100M Affordable Housing Development Set for Silicon Valley
St. Anton Communities will build 196 units of housing for low-income residents in Santa Clara, Calif.
NorthMarq Arranges $70M JV Equity for Seattle Projects
The funds will go towards two opportunity zone developments totaling 556 units of affordable and workforce housing.
Domain Cos. Breaks Ground on $310M Bronx Project
Lyra will feature 544 apartments and 10,000 square feet of retail in the Mott Haven neighborhood.
Fairstead Buys Jacksonville Asset for $15M
The seller provided the new owner of the 149-unit community with $11.1 million in acquisition debt.
Douglaston Lands Financing for $94M Bronx Project
The 188-unit affordable senior housing development will rise near the New York Botanical Garden.
Amazon Unveils $2B Affordable Housing Fund
The e-commerce giant joins Facebook, Google and Microsoft in pledging big dollars to apartments for moderate- and low-income renters.
Belveron Partners Closes $280M Affordable Housing Fund
The company plans to use the fund proceeds to acquire and preserve about 5,000 units of affordable and workforce housing nationwide the next three years.
Related Acquires Manhattan Affordable Housing for $424M
The Section 8 community and its 490 units in Manhattan’s Lower East Side are fully leased.
Dominium Begins Metro Denver Affordable Development
The developer expects to complete the 204-unit project in Parker, Colo., by the spring of 2022.