Affordable Housing
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.
Affordable DC Community Receives $67M in Financing
The building’s residents will use the loan to purchase and rehabilitate the 358-unit property in Ward 8.
How Family-Friendly Apartments Bridge the Gap
A new report from the Urban Land Institute tackles the big mismatch between families and rental housing.
Brooklyn Affordable Project Lands $72M Loan
The New York State Housing Finance Agency provided the bulk of the funds for the 160-unit development, one component of a 4,000-home housing initiative in the borough.
1st Phase of $1B Los Angeles Redevelopment Completed
BRIDGE Housing started construction on the project’s first 115 affordable units in 2017.
Orion Enters Utah Market With Provo Purchase
The company intends to invest more than $1 million in upgrades at the 115-unit community in Provo.