Affordable Housing - South
Cities
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HTG Opens 96-Unit Affordable FL Community
The developer invested $18.5 million in Freedom Gardens, a four-building project in the Central Florida city of Brooksville. HTG currently has four affordable communities under construction in the state.
25 August 2017 14:22 -
JLL Secures Acquisition Loan 332-Unit Affordable Community
Sunridge 332 Partners LP landed a Freddi Mac loan through the Targeted Affordable Housing program. The west Dallas community is located minutes from President George Bush Turnpike and Interstate 20.
14 August 2017 15:15 -
HTG Begins Construction on $36M Miami Affordable Housing
Princeton Park, set to open in August of 2018, will feature 150 units of one- two- and three-bedroom floorplans for family households earning at or below 60 percent of the area median income.
11 August 2017 15:14 -
CBRE Closes Sale of Ft. Lauderdale-Area Community
The affordable apartment complex boasts various community amenities including an outdoor swimming pool, sun decks and a fully equipped fitness center.
01 August 2017 17:17 -
Marcus & Millichap Facilitates $30M Sale of Affordable FL Asset
Evan Kristol and Felipe Echarte, first vice presidents of investment, represented the seller, a New York-based investment group, and procured the buyer for Cabana Club Apartments, a 332-unit community for seniors in Miami-Dade County.
21 July 2017 14:55 -
Carrfour Secures Grant to House Homeless Vets
The not-for-profit affordable housing developer received the financing from The Home Depot Foundation's Veteran Housing Grants Program to fund Liberty Village in Miami's Liberty City neighborhood.
21 July 2017 14:19 -
Affordable Housing Portfolio Secures $142M in Financing
Harmony Housing tapped KeyBank Real Estate Capital to provide loans to six of its properties, located in Texas, Michigan, Wisconsin and Florida. Each property reserves half of the units for residents making 60 percent of the area median income.
18 July 2017 14:23 -
Arbor Funds $15M in Charlotte Fannie Mae Deal
The company provided financing for the acquisition of Pressley Ridge Apartment Homes, a fully affordable, 504-unit property. Blackfin Real Estate Investors currently owns the asset.
05 July 2017 21:45 -
Steele Acquires AL Affordable Apartments for $23M
The company plans to renovate the 200-unit Summit Ridge Apartments in Birmingham, giving the community new roofs, exterior doors, siding repairs and attic insulation for increased energy efficiency.
05 July 2017 15:36 -
Affordable FL Community Lands $7M Financing
Walker & Dunlop arranged a 35-year loan for William Booth Towers, a 168-unit, age-restricted property west of Orlando’s central business district.
21 June 2017 19:45 -
Laurel Street Celebrates Opening of NC Community
The multifamily developer finished work on 757 North, a four-story residential project downtown Winston-Salem. The first residents are expected to move in by July 1.
09 June 2017 17:03 -
Dougherty Arranges Refi for Louisiana Community
The 17.6-year Fannie Mae loan originated by Dougherty’s Minneapolis office has a 30-year amortization schedule. The $1.3 million financing will be utilized to refinance an 80-unit residential property.
09 June 2017 13:56 -
JLL Secures Financing for Partially Affordable Community
S2 Capital used the loan for the acquisition and rehabilitation of High Pointe Village. Of the community's 268 units, 66 are affordable.
08 June 2017 16:19 -
Workforce Housing’s Monumental Growth
Gregory Lozinak, CEO of Monument Capital Management, discusses the company's commitment to affordability, his biggest influences in the industry and his goals for 2017.
07 June 2017 15:07 -
New DFW Affordable Senior Living to Open This Fall
Mustang Creek Estates will build a 42,000-square-foot assisted living and memory care community in Sachse, Texas. The new development will comprise six homes, each housing up to 16 seniors.
22 May 2017 15:34