Affordable Housing - San Diego

  • Walker & Dunlop Closes $289M Financing for CA Portfolio

    The properties comprise nearly 2,200 units in four major markets. Of the 21 properties, 11 have Section 8 HAP contracts to provide affordable housing, and 10 qualify for Fannie Mae's Green Rewards Program.

    02 August 2017 15:44
  • Affirmed Unveils San Diego Affordable Housing

    The 62-unit community designed by Carrier Johnson + Culture is an eco-friendly project that will serve homeless individuals with special needs.

    25 July 2017 14:47
  • Xpera CM Wraps Up San Diego Affordable Community

    Tenants are already moving into the 205-unit building developed by Wakeland Housing and Development Corp.

    19 April 2017 18:02
  • Affordable Housing Opens in San Diego County

    Promenade at Creekside Apartments is the first development in the new San Marcos Creek Specific Plan, which covers a 214-acre site designed to create a downtown for San Marcos.

    27 June 2016 08:52
  • New Affordable Housing Coming to San Diego

    The six-story community is a Permanent Supportive Housing development serving homeless individuals.

    07 January 2016 19:27
  • Grace Tower’s Saving Grace Comes in the Form of a Loan and HUD Funding

    One of only 12 projects in the country to have received Senior Preservation Rental Assistance Contract funding was recently refinanced.

    11 September 2015 12:56
  • Affordable High-Rise Blends Energy Efficiency and Award-Winning Aesthetics

    A cutting-edge model of affordable, green high-rise housing is officially open.

    15 June 2015 14:12
  • COMM22 Debuts Affordable Communities Victoria, Paseo in San Diego

    The San Diego affordable housing market is further expanding, as BRIDGE Housing recently held a grand opening ceremony for two communities at its COMM22 affordable community. The ribbons were cut for the Paseo and the Victoria on May 8 during an event held at 2325 Commercial Street, just days after BRIDGE Housing.

    18 May 2015 16:23
  • Downtown San Diego Welcomes 250 Affordable Apartments

    The grand opening of 250 affordable rental apartments was celebrated with a ribbon-cutting ceremony.

    07 May 2015 14:22
  • New Partnership Investing $20M in Affordable Housing in California

    The Community Development Trust, a national private real estate investment trust, has announced a partnership with TIAA-CREF, a national financial services organization, to invest in affordable housing in California.

    31 March 2015 13:48
  • Downtown Affordable Project Secures Financing, Breaks Ground

    An affordable housing project that is crucial to San Diego’s downtown area is finally in the clear after a number of attempts. Wakeland Housing and Development Corporation recently closed on financing from the U.S. Bank, thus edging the Atmosphere affordable housing development closer to reality. The project officially broke ground on March 24th in downtown San Diego, and is slated for a February 2017 completion.

    27 March 2015 02:28
  • Chelsea Investment, Westminster Manor Plan $12.5M Makeover of Downtown Seniors High-Rise

    Westminster Manor, a San Diego affordable housing community for senior citizens, recently entered a brand new joint venture which will provide important financing for the property. Colliers International broke the news that Chelsea Investment Corporation was selected as the new partner in the newly created Westminster Manor LLC. Westminster Manor entered the joint venture for $28.6 million, funds that will be structured for the renovation of the building. The renovation process will add Keyser Marston Associates partner Paul Marra as the financial analyst for the project.

    23 December 2014 09:19
  • Beech Street Closes $9.6M Fannie Mae Loan for El Cajon Property

    The broker that Beech Street Capital worked with in the transaction is Chris Hutchinson of Alcole Capital Group. The representative has worked with the buyer in three previous deals of this type, while the loan is Beech Street’s third transaction with Fannie Mae MAH. According to a statement issued by Beech Street Capital, Kristen Croxton, along with fellow executive vice president Greg Reed, originated the deal from the company’s Newport Beach office. Croxton had this to say regarding the move: “this transaction is the perfect illustration of Beech Street’s ability to apply our expertise in affordable housing for our clients’ benefit”.

    25 April 2013 21:27
  • Orange Garden Apartments in Poway Re-Opens After $15.3M Upgrade

    Orange Garden Apartments is the newest addition to Poway’s roster of affordable housing communities. Affirmed Housing Group recently announced the grand re-opening of the property after it bought the former market-rate complex and completed a $15.3 million renovation. Eligible residents include those earning 30 percent to 60 percent of the local median income.

    05 October 2012 18:02
  • Affirmed Housing Group Completes Affordable Apartment Community

    By Gabriel Circiog, Associate Editor Affirmed Housing Group has announced the grand opening of the City Scene Apartments in the North Park neighborhood of San Diego. City Scene Apartments features 31 affordable homes which are addressed to those who earn 50-60 percent of San Diego County’s Area Median Income. Located at 4105 Georgia Street, the [...]

    01 July 2012 00:43