Affordable Housing
Cambridge Housing Authority Lands $45M Loan for Boston Senior Community
MassHousing provided the funds that will preserve the 198-unit property’s affordability for at least 20 more years.
TF Cornerstone Scores $374M Financing for Manhattan Towers
The New York State Housing Finance Agency and Wells Fargo Bank provided the debt for the 835-unit development.
Fairstead Pays $30M for Fort Lauderdale Senior Housing
The buyer of the 123-unit Section 8 community in Sunrise, Fla., plans to invest in a multimillion-dollar rehabilitation program.
BRP, Pennrose JV to Begin 1st Phase of Jersey City Redevelopment
The multi-phase Bayfront project will be the largest mixed-income development in the tri-state region.
Is Now a Good Time to Invest in Affordable Housing?
Keith Harris, executive vice president of acquisitions at Avanath Capital Management, discusses investment strategies in the COVID-19 era and beyond.
Lena Park Secures $26M for Boston-Area Community
MassHousing provided two loans for capital renovations and extension of affordability at the 143-unit property in Dorchester.
Workforce Investors Hope Stakeholders Maintain Interest
Job losses have hit this sector of the multifamily market hard.
Affordable Housing Investment Closes Iowa Portfolio Deal
Kyle Shoemaker and Dan Piatkowski represented both parties in the sale of two senior housing assets in Waterloo.
Decron Properties Expands in California
The company paid $71.5 million for a 188-unit community located in Fremont.
Suburban Minneapolis Apartments Get $21M HUD Refi
Part of the financing will cover capital improvements to Oak Park Village’s 100 fully affordable units.