Affordable Housing

CIM Group Purchases Lower East Side Community

Los Angeles-headquartered CIM Group has purchased 265-275 Cherry Street, a Section 8 HUD subsidized housing community in Manhattan’s Lower East Side.

Tryko Partners Acquires Affordable Housing Community in Pennsylvania

New Jersey-based Tryko Partners acquires an 86-unit affordable housing community in Leechburg, Pa.

Affordable Housing Slated for San Francisco’s Hunters Point Shipyard

AMCAL Multi-Housing and Lennar Urban to develop affordable apartments in southeast San Francisco’s Hunters Point Shipyard-Candlestick Point.

Related Completes Affordable Housing Rehab in Middleton, NY

Major renovations at the at the Southeast Towers residential building in Middletown, N.Y., have been completed.

Somerset and NHT/Enterprise Form JV to Purchase and Redevelop DC Affordable Housing Community

Somerset Development Company and the National Housing Trust-Enterprise Preservation Corporation have entered into a joint venture for the purchase of the 223-unit Channel Square Apartments located at 325 P Street SW in Washington, D.C.

AMCAL Constructing $43M Affordable Community for Irvine Community Land Trust

Groundbreaking has taken place for Alegre, a 104-unit affordable housing project for families in Irvine, Calif.

Enterprise Introduces New Fund for Affordable Housing Investment

Enterprise Community Investment has revealed its new fund, the Enterprise Housing Partners 24 Fund, which aims to streamline the investment process of developing affordable housing nationwide.

Contractor Tapped for Twin Cities Affordable Housing

Project for Pride in Living has selected Anderson Cos. to build the nonprofit’s of Hamline Station Apartments in St. Paul, Minn.

Greysteel’s Multifamily Division Retained as Exclusive Adviser and Agent for Sale of Townsend Square

The Greysteel Company’s Mid-Atlantic multifamily investment sales division has been tapped as the exclusive adviser and agent in handling the sale of the Fredericksburg, Va., property, Townsend Square.

Housing Trust Group Completes a $13M 63-Unit Affordable Community

Housing Trust Group has completed construction of Pine Run Villas, a $13 million, 63-unit affordable housing townhome-style family rental development located at 4728 Big Ben Lane in Lake Worth.