Affordable Housing
MassHousing Provides $14M Refi for Boston Affordable Housing
The ownership plans to invest $9.7 million in renovations.
LA Hotel to Become Affordable Housing
The buyer, a foundation, owns 1,425 affordable units across Los Angeles.
L+M Development JV Receives $96M for Queens Affordable Project
Construction is slated to begin in a matter of weeks.
Atlantic Pacific Breaks Ground on 616-Unit Miami Community
The project is expected to set a record for a mixed-income, transit-oriented development in Miami-Dade County.
Koz Development Lands $16M Refi for Washington Property
Greystone originated the 10-year, fixed-rate Fannie Mae DUS loan.
MAG Partners JV to Develop Mixed-Income NYC Project
The second venture between MAG and Safanad will be developed under the Affordable NY Program.
Bellwether Originates $150M Freddie Mac Credit Line for Envolve
The facility is the agency’s first for targeted affordable housing.
Avanath Acquires 2 California Communities for $132M
The new ownership has plans for strategic improvements and programming for the 297-unit portfolio.
Linden Property Group Acquires Virginia Asset
CAPREIT sold the townhome development near Washington, D.C., for $34.3 million.
DC Agency Funds $125M for 2 Communities
Financing for the affordable projects included LIHTCs and tax-exempt bonds.