Affordable Housing
LA-Area Affordable Senior Housing Lands Refi
The 114-unit community dates back to 2002 and is available for 55-plus residents, earning 60 percent of the area median income.
Top 10 Affordable Communities Delivered in Austin
Austin’s booming economy sustains increased demand for multifamily properties, and its rapid top-heavy growth is affecting housing affordability. Over the past 18 months, nearly 2,000 affordable units have been delivered in Austin.
Top 10 Pittsburgh Apartment Owners
The metro’s slow-but-steady economic growth is reflected in an insignificant rise in apartment rents and tepid housing demand, with public authorities making up nearly half of the biggest owners.
Top 10 Tallest Residential Properties in Orlando
According to Yardi Matrix, the assets are clustered in the downtown area, with the largest reaching 32 stories.
Related Cos. Closes on 7,000+ Affordable Units in 16 States
The company acquired the 51-property portfolio from Aimco and plans to preserve the communities.
Detroit to Welcome $102M Brush Park Developments
Brush House, Brush 8 and Brush + Watson will bring 367 new units to to the city’s historic neighborhood. About one third of the units will be affordable.
Salt Lake City to Get Affordable Mixed-Use Project
Columbus Community Center is building a 200,000-square-foot property catering to people with disabilities. Dubbed The Hub of Opportunity, the development will also include commercial and office space.
PA Retirement Community Completes Affordable Expansion
The $10 million project added 48 rental units for residents 62 and over to the existing Windy Hill Village, which houses 179 people.
Related Breaks Ground on SF Property
The 299-unit project, known as 1601 Mariposa, will include 60 affordable apartments and more than 9,400 square feet of street-level retail.
LA-Area Property Commands $66M
HFF brokered the sale of The Andalucia, a 118-unit community located in Pasadena. The asset also features 11 affordable units and 7,500 square feet of retail.