Affordable Housing
West End Capital Buys Hampton Roads Community
The new owner has renamed the 104-unit fully affordable multifamily asset and plans to invest in capital improvements.
NYC Names 3 Development Teams for Co-Living Pilot
The projects announced as part of the city’s ShareNYC program will produce a total of 300 new units at three locations.
Franklin Street Arranges $31M Sale of Affordable Tampa Community
The Reliant Group sold the 270-unit property in Bradenton, Fla. Darron Kattan, Kevin Kelleher, Zachary Ames and Avery Jordan represented both parties in the deal.
Rocky Mountain Property Announces New Management
Mission Rock Residential has been tapped to handle property management for 6 West Apartments in Edwards, Colo.
Brooklyn Affordable Community Breaks Ground
Pennrose and RiseBoro Community Partnership are building the 218-unit development in the East New York neighborhood.
Blue Magma Expands Atlanta Footprint With $22M Purchase
The fully affordable asset in Stone Mountain is the company’s 11th purchase in the area and its fifth LIHTC deal in the last 20 months.
3rd Phase of New Jersey Affordable Redevelopment Begins
The Branch Village Townhomes II in Camden will have 75 apartments, including five set aside for formerly homeless residents.
In Case You Missed It: MHN’s Top 5 Posts in September
Miss any of our articles? Catch up with five of our most popular posts for the month.
How to Prevent Cost Overruns in Multifamily Construction
Richard Lara, president & CEO of California-based RAAM Construction, explains how developers can save money and avoid delays in project deliveries.
LIHTC Pilot Speeds Up Affordable Financing
A Tennessee affordable housing community catering to seniors and disabled residents became the first property financed by HUD’s Atlanta office under the new LIHTC Pilot program.