Affordable Housing
Colliers Arranges $11M Sale of Affordable FL Asset
Senior Vice President Kevin Morris worked on behalf of both parties in the disposition of Grande Court North Port, a fully leased 128-unit community.
In Case You Missed It: MHN’s Top 5 Posts in September
Miss out on any of our articles? Catch up with five of our most popular posts for the month.
Meet Freddie Mac’s Newest SVP
Steve Lansbury joined the financier two decades ago. He will replace Deborah Jenkins, who will also be promoted to executive vice president.
Standard Communities Upgrades San Jose Senior Housing Community
The affordable housing division of Standard Cos. renovated Villa de Guadalupe Apartments, preserving the property’s affordability. The three-story asset serves low-income seniors.
$17M Adaptive Reuse Project Opens in NY
A trio of companies redeveloped a vacant industrial building in Cortland into mixed-income apartments and more than 100,000 square feet of commercial space.
Affordable San Diego Asset Lands $52M Refi
Berkeley Point arranged the financing for Lantana Hills Apartment Homes, a 380-unit property built in two phases. The community underwent extensive renovations between 2014 and 2017.
Bellwether Enterprise Secures $21M for SF Affordable Housing Portfolio
The five properties, which include 370 units, received a Freddie Mac Freddie Mac Targeted Affordable Housing Preservation Loan that will go toward deferred maintenance to allow for safe affordable housing in high-cost markets for the long term.
CPDC Breaks Ground on VA Mixed-Income Development
The community in Richmond’s Jackson Ward neighborhood will comprise two buildings, one for low-income seniors and the other dedicated to workforce housing.
Affirmed Housing Opens CA Affordable Senior Property
Bella Vita is a 65-unit development in Carson. The community serves low-income seniors and includes 3,000 square feet of commercial place.
CBRE Arranges Sale of OR Community
Phil Oester, Joe Nydahl and Josh McDonald brokered the sale of the asset, representing the seller, Marathon Management.