Affordable Housing
DCHFA Closes $11M Deal to Fund DC Affordable Community
The agency issued $11.3 million in bond financing for the preservation of 94 affordable units at Maplewood Apartments in the southeast quadrant of the nation’s capital.
CBRE Arranges Sale of Affordable Property in Dallas
Dominium Development and Acquisition purchased Rosemont at Timber Creek from Cascade Affordable Housing. Jeff Kunitz, Alex Medeiros, Chris Deuillet and Chandler Sims of CBRE represented the seller in the transaction.
Enterprise Community Investment Combines With CPDC
The deal represents an opportunity for the companies to improve access to affordable housing at a time when prices are rising and credits are limited.
Jonathan Rose Buys Affordable Denver Asset
The 13-story, 188-unit Juanita Nolasco Apartments was completed in 1972 and is income-restricted to very low-income elderly and disabled residents.
BLVD Capital Acquires $26M Affordable Housing Portfolio
The two affordable housing properties in Chicago contain more than 300 units and are located near major highways and public transportation options.
Partnership Opens $10M Affordable Community in NY
Built on the site of a former fabric store in Rockland County, N.Y., Nyack Point Apartments features 33 units. The building is LEED certified to the Gold level.
San Diego Affordable Community Breaks Ground
Affirmed Housing Group is developing Bluewater, an 80-unit affordable housing community that marks the firm’s third project in San Diego’s Grantville neighborhood.
Incident Inside a Resident’s Unit? Here’s the Landlord’s Obligation
When residents seek damages for injuries occurring in their own apartments, property owners can save time and money by knowing the extent of their duty to enter the unit to inspect a condition or make a repair, according to attorney Amanda Podlucky.
JV Restructures Partnership for Brooklyn Redevelopment
Greenland USA and Forest City Realty Trust reached an agreement to extend Greenland’s ownership interest to 95 from 70 percent and decrease Forest City’s interest to 5 from 30 percent for its Pacific Park Brooklyn mixed-use project.
Southeast FL Affordable Community Fetches $16M
The CBRE team of Senior Vice Presidents Timothy Flint and Richard Tarquinio worked on behalf of the seller in the transaction.