Affordable Housing
Related Cos. Buys $590M AIMCO Affordable Housing Portfolio
The firm purchased and plans to rehabilitate nearly 8,000 units across 51 properties in 16 states.
CAMBA Debuts $100M Brooklyn Affordable Housing
The community is located on NYC Health + Hospitals’ Kings County Campus and includes 293 units, 182 of which are reserved for the formerly homeless.
Are ADUs the Answer to San Francisco’s Affordable Housing Crisis?
While the Bay Area is often referred to as the heart of unaffordability, San Francisco has been working to provide more cost-effective housing by making the planning, permitting and building processes for accessory dwelling units easier.
Greysteel Secures $9M Refi for LA Community
The company arranged the loan for Appletree Village Apartments, a 125-unit affordable housing community located in North Hills, Calif.
Boston-Area Asset Receives $29M Loan
Reed Realty Advisors will use the proceeds to finance the development of Pac 10 Lofts, a 180-unit affordable housing community in Lawrence, Mass.
Wood Partners Opens LA Community
The 280-unit Fifty Five Fifty broke ground in late 2015, and the property offers a mix of affordable and market-rate apartments.
TX, AZ Affordable Senior Properties Land $18M Financing
Bellwether Enterprise arranged the complex financing for three age-restricted communities located in Kingman, Ariz., and Austin, Texas, using LIHTC and HUD funding.
Pennrose Debuts NJ Senior Redevelopment
The 62-unit independent living community is a $25 million adaptive reuse and historic renovation and adaptive reuse of the Roosevelt hospital, built in 1937.
Financing Solutions for Sustainable Development
At the NYU Schack Institute of Real Estate’s Conference on Sustainable Real Estate, executives examined the forces impacting sustainability financing, the efforts being made to scale green building efforts and the challenges ahead.
WA Affordable Community Changes Hands for $19M
The 164-unit College Glen Apartments is an affordable community located in Thurston County, an area experiencing one of the highest rent growths in the region.