Affordable Housing
Blue Sky Breaks Ground on Florida Affordable Housing Project
The development received financing from local and state authorities, as well as JP Morgan Chase.
Greenlight Communities Lands $23M for Phoenix Project
JLL secured the funds for the developer and facilitated a joint venture equity partnership with Bridge Investment Group.
Phoenix Development Co. Breaks Ground on Affordable California Community
In partnership with Integrity Housing, the company began construction on the Santa Rosa property, which is scheduled for completion in August 2021.
Development Firm HTG Names New COO
Michael Sheitelman joined the firm from Miami-based Crescent Heights, where he served as general counsel.
Saigebrook Development Scores Financing for Texas Senior Project
Hunt Capital Partners provided almost $13 million in LIHTC equity through one of its proprietary funds.
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.