Affordable Housing
Affordable Jacksonville Project Lands $21M Financing
The city’s housing finance authority provided Vestcor with bonds and a gap loan to develop the 192-unit community.
Fairstead Makes Boca Raton Senior Housing Purchase
The buyer plans to invest $6 million in fully rehabilitating the 101-unit property.
EJF Capital Expands Opportunity Zone Portfolio
Teaming up with Holland Partner Group, the company will develop a mixed-use project in Vancouver, Wash.
Inside South Florida’s Affordable and Market-Rate Development
Integra Investments’ Nelson Stabile on the latest trends in investor sentiment and the demand for suburban product in metro Miami.
BLVD Capital Buys Massachusetts Property for $76M
CBRE brokered the sale of the 612-unit community, which spans five city blocks in Springfield.
Ambling Sells Southeast Portfolio for $106M
The properties total 1,763 units in Georgia, North Carolina and South Carolina.
Sherman Associates Sells Minnesota Affordable Community
JLL represented the seller in its disposition of the historic property converted to residential use in 1980.
Target Builders Secures $44M for Texas Development
The 376-unit, partially affordable project in San Marcos is slated for a 2022 completion.
Hampstead Development Lands $28M for Salt Lake City Asset
The 80-unit senior community caters to residents earning 60 percent of the area’s median income.
Shorewood, Bridge Investment Secure $88M Construction Loan
East West Bank and a syndicate of lenders provided the financing for an opportunity zone project in Queens.