Affordable Housing
Mixed-Income Seen as Key to Affordable Housing
Demand is stronger than ever, but financial challenges for developers are great.
Standard Cos. Pays $31M for Affordable Pasadena Community
The transaction preserves affordability for all 61 units for the next 55 years.
Starwood REIT Buys $645M of Affordable Housing
The trust managed by Starwood REIT Advisors has acquired two portfolios totaling 4,618 units in the Mid-Atlantic and Sunbelt regions.
Woda Breaks Ground on North Carolina Senior Community
Center Crossing in Hickory, N.C., will provide 50 affordable units for residents 55 and over.
Affirmed Housing Opens San Diego Supportive Housing Community
The 86-unit project broke ground in April 2019 as part of the San Diego Housing Commission’s homelessness initiative.
NYC Housing Partnership’s Work Toward a More Affordable City
Executive Vice President Esther Toporovsky highlights the strategies that could help tackle affordability issues in New York City.
Rockport Mortgage Provides $140M for New Jersey Community
The refinancing loan will extend the affordability of Parkview Towers, a 688-property owned by LIHC Investment Group in West New York.
Standard Communities Buys Charleston-Area Asset
The $26.3 million transaction expands and preserves the 120-unit property’s affordability.
Herman & Kittle Opens 264-Unit Houston Community
The $38.5 million affordable property offers a mix of one- to three-bedroom units off Texas State Route 8.
BWI Breaks Ground on Indiana Senior Community
Gardant Management Solutions will manage the 130-unit affordable community in Anderson, set to open in fall 2021.