Affordable Housing - South
Cities
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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.
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Dominium Breaks Ground on 3 Atlanta-Area Senior Properties
The communities will encompass more than 700 units and will provide affordable housing for residents 55 and over.
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Lument Provides $22M for Affordable El Paso Community
The city's public housing authority will use the loan proceeds to continue renovation work started in October.
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Centennial Management Lands $20M Refi for Miami-Area Affordable Community
Greystone provided the HUD-insured loan for the 244-unit property in Pembroke Park, Fla.
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GMF Capital Acquires South Florida Community for $25M
Franklin Street represented both the buyer and the seller of the partially-affordable community.
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Gardner Capital Completes Affordable Senior Living Community
The 80-unit, fully affordable community is located in Lexington, N.C., near Interstate 85 and the Cotton Grove Road retail corridor.
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Starwood REIT Buys $645M of Affordable Housing
The trust managed by Starwood REIT Advisors has acquired two portfolios totaling 4,618 units in the Mid-Atlantic and Sunbelt regions.
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Woda Breaks Ground on North Carolina Senior Community
Center Crossing in Hickory, N.C., will provide 50 affordable units for residents 55 and over.
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Standard Communities Buys Charleston-Area Asset
The $26.3 million transaction expands and preserves the 120-unit property’s affordability.