Affordable Housing - South
Cities
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CPP Closes 1st Affordable Housing Buy in Tennessee
The owner plans to invest more than $12 million to reposition the 108-unit asset.
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HomeSpring Realty JV Lands $32M for San Antonio Affordable Housing
Bellwether Enterprise provided the funds through its Direct Bond Purchase Program.
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Spaxel Pays $45M for Atlanta Workforce Housing
Avison Young secured an equity partner for the purchase of the 266-unit property in Marietta, Ga.
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Dominium Breaks Ground on Georgia Affordable Development
The 202-unit community catering to adults aged 55 and over is the company’s first project in Newnan.
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Legacy Multifamily JV Lands $29M Loan for Texas Affordable Project
Bellwether Enterprise Real Estate Capital LLC arranged the financing for the 264-unit Legacy Riverside Senior Living Community.
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OM Housing Breaks Ground on Dallas-Area Project
The 112-unit mixed-income community in Kennedale, Texas, is slated for completion in January 2022.
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Texas Apartment Communities Help Renters Through Crisis
Here’s how property management firms are responding to the severe weather conditions that came to Texas.
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PEG Cos. to Convert Austin Hotel into Workforce Housing
The company will transform the 97-key property into a Class B community by this summer.
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Fairstead Buys Florida Affordable Asset for $60M
The new owner's total investment in the Naples, Fla., senior property amounts to $85 million.
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Fillmore Capital Partners Grows Georgia Footprint
The company purchased a 257-unit partially affordable community in Marietta, adding to its state portfolio of more than 2.000 units.
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Claridge Properties Acquires 291-Unit Houston Community
The buyer assumed the existing HUD loan of $9.6 million, originated by Prudential Financial in 2007.
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Fairstead Buys Jacksonville Asset for $15M
The seller provided the new owner of the 149-unit community with $11.1 million in acquisition debt.
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Edgewater Group Sells 150 Units in El Paso
The fully affordable Mission Valley community last traded 16 years ago.
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HTG Lands $29M for West Palm Beach Affordable Project
KeyBank provided the financing package for the 94-unit development located a short distance from a major transit hub.
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Dominium Gets Suburban Atlanta Affordable Housing Refi
Colliers International provided nearly $13 million in financing for the 220-unit multifamily property in Covington.