Affordable Housing
Top 10 Communities Under Construction in Central & Northern NJ
The area’s improving economy bolstered multifamily development, resulting in more than 17,000 units being built as of June, as well as an increase in affordable housing units.
Walker & Dunlop Secures $20M Loan for Affordable TN Asset
Vice President Rob Rotach secured the financing for the 153-unit Dandridge Towers, an age-restricted asset in southern Nashville, through the HUD program.
NJ Industrial Site to Transform into Mixed-Use Community
Atlantic Realty’s Ewing Town Center, located at the former General Motors facility in Ewing Township, will comprise 1,182 units and 110,000 square feet of retail and office space.
Hunt Capital Partners Provides $23M for TX Redevelopment
Blue Flame Apartments in El Paso will include 120 affordable units and 39,672 square feet of commercial space when completed.
TD Bank Closes $18M Loan for Bronx Affordable Housing
Working on behalf of developers MHANY Management Inc. and We Stay/Nos Quedamos Inc., the loan will go towards the second phase of Phoenix Estates, a 180-unit building in Hunts Point.
Essential Living Completes ND Rehab Project
Park South Apartments is the first affordable housing community in Minot to be supported by the National Disaster Resilience.
Asset Campus to Manage New Student Housing Community in Austin
The 14-story high-rise development is slated for completion in 2019 and about 10 percent of its units are affordable.
Affordable CA Asset Trades for $30M
Marcus & Millichap facilitated the sale of Grandon Village, a 161-unit community in San Marcos. The age-restricted property was fully occupied upon closing.
WNC Closes $150M LIHTC Fund
WNC Institutional Tax Credit Fund 45 LP will be used to develop and renovate 26 affordable housing communities in 12 states.
Vitus Enters CO Market
In a collaboration with the Colorado Coalition of the Homeless, the affordable housing developer acquired Renaissance 88, a 180-unit property that the company plans to renovate.