Affordable Housing - South
Cities
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Frankforter Group Pays $40M for Metro Atlanta Portfolio
The two fully affordable communities, built in the 1970s and totaling 623 units, are close to Hartsfield-Jackson Atlanta International Airport via Interstate 285.
22 May 2019 16:48 -
Vitus Acquires 2 GA Affordable Housing Assets
The developer will invest a combined $12.5 million to renovate the properties, one of which was damaged by Hurricane Matthew in 2016, and keep them available to low-income residents.
08 May 2019 12:18 -
Camden Realty Trust Buys Austin Asset for $120M
The Millennium Rainey is a 326-unit, LEED Gold-certified midrise completed in 2016 in the city's historic Rainey Street district. NKF represented the seller in the transaction.
08 May 2019 08:18 -
Charlotte Affordable Housing Property Underway
Developed by the NRP Group, Platform Lofts is one of the first affordable housing communities located on a new extension of the city's light-rail system.
07 May 2019 13:18 -
Affordable Houston Community Reopens Following Rehab
Dominium completed a $7 million interior and exterior overhaul at Quail Chase, a 248-unit development in the northern part of the metro.
06 May 2019 17:15 -
Greystar, Banyan Street Advance on $125M Atlanta Project
The partners have closed on construction financing and scored air rights for Ascent Peachtree, a downtown 345-unit multifamily development that is slated to break ground next month.
24 April 2019 06:33 -
Fairfield Residential Buys NC Community for $27M
Capital One originated nearly $22 million in Fannie Mae financing for the acquisition of the 266-unit, mixed-income Durham community.
23 April 2019 14:23 -
$600M Mixed-Use Project Underway in Miami
Adler Group and 13th Floor Investments have joined forces to transform the Douglas Road Metrorail station into a massive transit-oriented development encompassing 1,500 residential units, along with significant office and retail components.
22 April 2019 13:37 -
A Closer Look at Affordable Development in Houston
Rick Guttman, founder of local firm Dakota Enterprises, talks about what is driving the metro’s multifamily market as well as its most stringent issues.
22 April 2019 12:12 -
Avanath Pays $35M for Affordable Asset in Texas’ Capital
At the time of sale, the 280-unit property was 96.4 percent occupied, with historical occupancy averaging 98 percent over the last three years.
17 April 2019 07:00 -
FL Affordable Senior Community Gets $20M in Loans
The new owner plans to invest approximately $3.6 million in renovations at the 104-unit property located in Pinellas County. Hunt Real Estate Capital provided the financing.
12 April 2019 15:39 -
Round Hill Capital Invests in Florida Workforce Housing
European fund manager Round Hill Capital is raising its profile in the U.S. by teaming up with Affiliated Development for a series of workforce housing investments, starting with a 142-unit project in Fort Lauderdale.
09 April 2019 12:31 -
Nonprofit Awarded Grant to Build Low-Income Housing in MS
The $750,000 Affordable Housing Program grant from The First, A National Banking Association and the Federal Home Loan Bank of Dallas will be used to develop a 124-unit community.
26 March 2019 11:51 -
Affordable Senior Housing Project Coming to South FL
Pinnacle Housing Group began work on a 120-unit project in Hollywood. Construction of Pinnacle at Peacefield is expected to take roughly two years.
11 March 2019 14:35 -
264-Unit Partially Affordable Asset Sells in TX
Gresysteel arranged the transaction and also facilitated $14 million in acquisition financing. Pangea Properties originated the loan, which matures in October 2019.
08 March 2019 11:19