Affordable Housing
Boyd Management Inc. Adopts Yardi SaaS Select Platform and Adds Online Procurement and Payment Processing
Yardi announced today that Boyd Management Inc. (BMI), an affordable housing management firm based in South Carolina, has begun the process of upgrading its software and database hosting service to Yardi SaaS Select.
Decatur Housing Authority’s Oliver House Honored
The Atlanta Regional Commission named Oliver House, a new affordable seniors housing community developed by the Decatur Housing Authority, the 2013 Development of Excellence.
Vitus Group Acquires San Diego Affordable Housing Community
The Vitus Group announced that it has acquired Meadowbrook Apartments in San Diego and has plans to perform a $17 million renovation on the affordable housing community.
AMCAL Opens Special-Needs Affordable Housing in OC
AMCAL Multi-Housing has opened Avenida Villas. The property is a 29-unit permanent supportive housing facility developed by AMCAL in partnership with the nonprofit A Community of Friends, and was built specifically for underprivileged families and individuals, as well as persons with mental illness.
Winn Finishes Rehab of Philly Affordable Seniors Housing
WinnDevelopment, the real estate development arm of WinnCompanies, has completed the rehab of Venango House Apartments, an affordable seniors housing property in the Tioga neighborhood of Philadelphia.
Victory Housing Opens Seniors Affordable Housing in Rockville, Md.
Victory Housing has opened Victory Court, a mixed-income community for residents 62 and older in downtown Rockville, Md.
TODAY’S DEALS: Pinnacle Sells 304-Unit Apartment Near Dallas
Cortland Partners buys Texas asset from Pinnacle; CBRE/New England brokers the $7.8 million sale of a Section 8 property in Massachusetts; and BMC Capital provides a $2.8M loan and enables lower interest on foreclosed property.
Michaels Development Company Develops Affordable Housing Community in Dayton’s Historic Germantown-Broadway Neighborhood
The Michaels Development Company has developed Germantown Village, a new mixed-income, affordable housing community that is the first phase of a multi-phase revitalization initiative underway in the historic Germantown-Broadway area of Dayton.
Kearney Realty’s Poughkeepsie Commons Development Opens for Seniors, Homeless, Veterans
There are 71 more affordable housing units available to Poughkeepsie, N.Y., seniors, homeless people and disabled veterans thanks to the completion of Poughkeepsie Commons, a three-story community developed by The Kearney Realty & Development Group.
MHN Interview: The Benefits of Developing and Financing Supportive Housing
MHN talks to Maria Barry, community development banking executive at Bank of America Merrill Lynch, and Maria Joyce, a senior vice president in community development banking who has worked directly on the New Directions Sepulveda project, about their unique partnership.