Agota Felhazi is a Senior Associate Editor at Multi-Housing News and Commercial Property Executive. Since joining the team in 2021, she has become the go-to person for the yearly rankings of the sister brands. Agota also writes metro reports on multifamily, data-driven listicles focused on self storage, and sometimes interviews as well as feature articles. You can reach out to Agota at Agota.Felhazi@cpe-mhn.com.
Active Adult Living Community Underway in Chicago Suburb
TWG Development’s first project in the greater Chicago area will bring 174 units to Naperville, Ill.
Dwight Capital Provides $45M Refi for Dallas-Area Community
The funding for the Grand Prairie property qualified for HUD’s Green MIP Reduction.
Southern Minnesota Affordable Community Sells for $13M
The buyer financed the 144-unit acquisition with a $10.1 million Fannie Mae loan.
Long Island Affordable Housing Project Breaks Ground
The $32.3 million Garvies Point development will set aside units for individuals with mobility, hearing or visual impairment.
PNC Bank Sells Chicago Affordable Housing for $30M
The new owner will begin renovating the 240-unit community opposite the planned Obama Presidential Center next year.
New Frontier Buys Chicago-Area Senior Living Asset
The 120-unit affordable community known as Riverwalk commanded close to $9 million.
S2 Capital Buys Suburban DFW Portfolio
The new owner plans to invest more than $20 million into capital improvements at the two properties.
Sares Regis Pays $96M for San Diego Asset
Part of the acquisition loan will go toward upgrading the downtown property.
Dominium Grabs Texas Affordable Housing Property
The buyer plans to invest in interior and amenity upgrades at the 140-unit property in Bryan.
FCP Buys Suburban Atlanta Community
The acquisition of the 380-unit property in Smyrna, Ga., marks the company’s 20th investment in the metro.