Affordable Housing
A Look Inside Brookfield’s Newest NYC Tower
In an exclusive multimedia tour, Maria Masi of Brookfield Properties talks about One Blue Slip, the 359-unit community that is part of the Greenpoint Landing master plan in Brooklyn.
NYC Details $24B Public Housing Upgrade
Transfer to Preserve is among several programs launched by Mayor Bill de Blasio’s administration to raise capital for repairs at the city’s NYCHA sites.
Brooklyn Community Secures $113M Refi
Goldman Sachs originated the new loan, which pays down a previous $120 million construction mortgage for the 2016-built luxury property.
Decron Properties Buys San Jose Apartments
The partially affordable property last changed hands in 2012, when Greystar purchased the 208-unit community from Invesco for nearly $60 million.
Aura Properties Breaks Ground on MA Mixed-Use Project
The company is developing the five-story, 42,000-square-foot building in Brookline, with a completion date scheduled for next August.
JV to Preserve Affordability of 300 Units in Denver
The Community Development Trust and Rocky Mountain Communities signed a $25 million recapitalization deal for Garden Court Apartments near Aurora, Colo.
Lincoln Avenue Enters Baltimore Market
The buyer financed the roughly $14 million purchase of the 321-unit fully affordable community with a $14 million acquisition and development loan.
Lincoln Avenue Expands Orlando Footprint
The firm paid more than $6 million for the 121-unit fully affordable multifamily asset, with SunTrust Bank providing acquisition financing.
NJHMFA Breaks Ground on Philadelphia-Area Affordable Community
Freedom Village at Gibbsboro will include 72 affordable rental units, with 18 units set aside for residents with special needs.
Affordable Housing: What’s Ahead in 2019
Bridge Capital Markets Group Managing Director Inna Khidekel on why the affordable housing crisis got worse in 2018 and where the market is headed.