Affordable Housing
Renovation Begins at Chattanooga Apartments
A partnership involving Pennrose Properties and the Chattanooga Housing Authority started redeveloping two outdated multifamily communities totaling 311 units.
LGBT Affordable Senior Housing Opens in Brooklyn
Stonewall House is the first LGBT-friendly affordable housing for seniors in the state of New York and the largest in the nation.
Avanath Pays $34M for Affordable Denver Community
CBRE’s Spencer Hurst, Tim Flint, Taylor Froland, Dan Woodward, David Potarf and Matt Barnett represented the seller.
KeyBank Originates $20M Loan for Affordable Central Texas Community
The debt finances the acquisition and tenant-in-place renovation of the 160-unit Wayman Manor in Temple.
New Jersey Affordable Housing Breaks Ground
Project Freedom began construction on a 72-unit community in Robbinsville.
Orlando Affordable Community Opens
The property’s 166 units cater to residents earning 60 percent or less of the area’s median income and to formerly homeless households.
Fairstead Kicks Off Investment Platform with Portfolio Buy
The firm’s new investment vehicle is aimed at affordable housing properties across the U.S.
Affordable Senior Community Opens in West Palm Beach
Housing Trust Group completed the first affordable development built in Riviera Beach in the last 40 years.
Manhattan Senior Housing Community Lands $69M Refi
Greystone facilitated the deal on behalf of the borrower. The loan replaces a prior Fannie Mae note.
Q&A: Tackling the Affordable Housing Shortage in North Texas
Troy Broussard, CEO of DHA, explains why empowering families to become self-sufficient is just as important as building affordable homes.