Affordable Housing
JV Breaks Ground on Colorado Affordable Project
Alpenglow Village in Steamboat Springs will offer 72 units for individuals with incomes from 30 to 120 percent of the area median income.
Chicago High-Rise Lands $70M Financing
The Fannie Mae loan, provided by Greystone for Maryland-based Foundation Housing, will help keep the 256-unit community affordable for lower-income residents for many years to come.
Related Cos. Sells Affordable South Bronx Community
Prana Investments purchased the 252-unit River Court and Gerard Court. Hodges Ward Elliott’s Daniel Parker, Paul Gillen and Ariel Tambor acted on behalf of the seller.
Affordable Age-Restricted Community Opens in DFW Suburb
Bethlehem Baptist Church broke ground on Pioneer Place a little more than a year ago. The 135-unit property serves senior residents in Mansfield, Texas.
Jacksonville Community Trades for $13M
Berkadia originated nearly $11 million in Freddie Mac acquisition financing for the buyer of the 162-unit partially affordable property in the southeastern part of the city.
Canada Invests $357M in Affordable Housing
The Canada Mortgage and Housing Corp. will build and fund more than 700 new rental housing units for middle-class families in Toronto.
CBRE to Boost UK Multifamily Presence
By taking over Telford Homes, the company will expand Trammell Crow’s real estate development business into the United Kingdom’s budding build-to-rent housing market.
Why Co-Living Is Here to Stay
Bungalow CEO & Co-Founder Andrew Collins makes the case for co-living as a solution to the affordable housing crisis and discusses his company’s most recent expansion.
$1B Bay Area Development Hits Construction Milestone
The development team, which includes two Trammell Crow companies, broke ground on the 68-acre redevelopment of a former Naval Air Station in Alameda, Calif., in March of last year.
CDT Forms JV to Buy 452-Unit Asset for $70M
The Bridge at Asher Apartments acquisition is the company’s fourth investment with the Housing Authority of the City of Austin and its nonprofit affiliate, the Austin Affordable Housing Corp.