Affordable Housing - South
Cities
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Elevation Financial Sells Baton Rouge, LA, Community for $16M
Following the 2016 acquisition of the asset, Elevation invested $3.8 million in a thorough renovation which included the restoration of 160 units and rebuilding of 10 units.
29 January 2019 12:25 -
Affordable Dallas-Area Portfolio Changes Hands
Greysteel has facilitated the sale of Ironwood Crossing and Rush Creek Apartments, two properties encompassing 528 units. The company also arranged acquisition financing totaling $37 million.
28 January 2019 16:04 -
Dallas Housing Authority Aims to Grow Texas Affordable Housing
The agency has formed public-private partnerships with 12 different firms in order to redevelop seven of its properties.
14 January 2019 09:09 -
Greysteel Brokers Sale, Loan for New TX Community
A partnership including developer Rise Residential Construction has sold the 176-unit Majors Place in Greenville less than one year after its completion.
11 January 2019 13:49 -
Suburban Atlanta Property Receives $20M Financing
Pembrook Capital Management closed on the loan package, which will help preserve the affordability of all 294 units at Shannon Lake Apartments.
08 January 2019 16:32 -
NXT Capital Provides $18 Million Financing for TX Acquisition
The Class B+ community is located in Houston, roughly 11 miles west of George Bush Intercontinental Airport and 1 mile west of Interstate 45.
07 January 2019 13:43 -
NRP Group Secures $29M for San Antonio Development
PGIM Real Estate Finance arranged the financing for the development of the 330-unit mixed-use project that also includes a 600,000-square-foot office building.
20 December 2018 15:45 -
Lincoln Avenue Expands Orlando Footprint
The firm paid more than $6 million for the 121-unit fully affordable multifamily asset, with SunTrust Bank providing acquisition financing.
13 December 2018 14:44 -
Affordable TN Properties Receive $59M in Loans
The Millenia Cos. landed construction-to-permanent financing” for the rehabilitation of two Memphis properties adding up to 400 units.
06 December 2018 15:55 -
Presidium Launches Major Mixed-Use District in Austin
The garden-style community is the first of Pecan District's 10 phases. The 45-acre development is anticipated to be fully complete in 2028.
06 December 2018 12:22 -
Bellwether Enterprise Arranges $24M Financing for Austin Community
The firm worked on behalf of the city’s Housing Authority to facilitate the 12-year Fannie Mae loan for the 308-unit, 14-building property.
27 November 2018 16:50 -
Inclusion: The Key Ingredient in Charlotte’s River District
Laurel Street will build an affordable housing community—on land donated by Crescent Communities—within the metro’s largest current mixed-use project. The two local companies reveal details of their collaboration in an interview with MHN.
26 November 2018 13:14 -
HTG Opens 100-Unit South FL Affordable Community
Arbor View is a $27 million development in Margate, roughly 18 miles from Fort Lauderdale. The community is restricted to residents 55 years and over.
12 November 2018 14:56 -
How Austin Can Set an Example in Tackling Affordability Issues
The $250 million bond, the largest in the city’s history, is expected to ease the metro’s rising affordability issue. In this interview, Atlantic | Pacific Cos.' Dan Wilson talks about the company’s most recent projects in the market.
07 November 2018 13:49 -
Ability Housing Begins Work on 80-Unit Affordable FL Property
Dubbed Village at Hyde Park, the $18.7 million project in Jacksonville’s Westside submarket is slated for delivery late next year.
02 November 2018 13:17