Affordable Housing
California Passes Statewide Rent Control
A bill that caps annual rent increases to 5 percent passed the state legislature and is expected to be signed into law by Governor Newsom.
Affordable Passive House Community Breaks Ground in NYC
The 152-unit building in the South Bronx is reserved for formerly homeless and low-income seniors.
New Jersey Affordable Housing Scores $69M Refi
NorthMarq arranged the financing for four communities owned by Ironstate Development in Hudson County.
WNC Raises $210M in Affordable Housing Funds
The company has closed on two LIHTC vehicles to develop and renovate more than 1,900 units across the U.S.
Los Angeles County Community Lands $64M Fannie Mae Loan
Hunt Real Estate Capital provided the affordable financing for the 216-unit property.
JLJ Capital Provides $57M Loan for Brooklyn Project
The 17-story residential and retail tower at 329 Broadway will bring 63 apartment units to the Williamsburg neighborhood.
New York Affordable Housing Property Commands $48M
CBRE Affordable Housing and CBRE’s New York Institutional Group arranged the sale of the 311-unit community in Yonkers, N.Y.
Dominium Opens 2 Affordable Communities in Denver
North Range Crossings and East Range Crossings include 468 units combined.
Affordable Jacksonville Community Sells for $19M
Alden Torch Financial sold the 224-unit asset in Southridge. Newmark Knight Frank provided acquisition financing for the buyer through Freddie Mac.
In Case You Missed It: MHN’s Top 5 Posts in August
Miss any of our articles? Catch up with five of our most popular posts for the month.