Affordable Housing
RED Closes Refi Loans for Midwestern Affordable Community
The mortgage banking arm of Red Capital Group coordinated a MAP and Lean closing for the refinance and renovation of Portage Trail Village, a property in Cuyahoga Falls, Ohio.
Nonprofit Sponsors Affordable Housing Community Reno
Real estate nonprofit NHP Foundation and its partners are completing an $8 million renovation to preserve Ships’ Cove Apartments in Fall River, Mass.
New Affordable Community Opens in SF’s Largest Redevelopment
AMCAL Multi-Housing’s new community is the first 100 percent affordable housing option in the transforming 638-acre San Francisco Shipyard.
Boston Agency Greenlights $75M Worth of Development
Seven newly approved projects promise affordable housing and public benefits as well as market-rate residences.
Capital One Wraps $51M Refi in DC Metro
Sponsor will repay construction loan on Fenwick Apartments, a 310-unit, D.C.-area development that opened in 2014 and combines affordable and market-rate housing.
AIG Global Taps Franklin Johnston to Manage 11 Properties
The Virginia and North Carolina properties add 1,174 units to Franklin’s management portfolio.
Greystone Preserves Affordable Housing in $130M Deal
The firm secured the financing needed to acquire and rehabilitate 1,058 at-risk affordable housing units in Florida.
400-Unit Affordable Housing Portfolio Changes Hands in Florida
Harmony Housing acquired the two affordable housing assets from Leland Enterprises, in a deal facilitated by Marcus & Millichap.
Bay Area Gets 116 Affordable Units
A new $64 million community in Mountain View, Calif., gives preference to low-income families and local workforce.
L.A. County Welcomes Transit-Adjacent Affordable Community
Baldwin Park celebrates the opening of Metro Village, a mixed-use complex for low-income families.