Finance & Investment

Catalyst, CalCHA Acquire 2 California Communities for $231M

The partnership will convert nearly 600 units into rent-restricted apartments for middle-income households.

Site plan for NHP Foundation’s $100 million redevelopment in Baltimore’s Park Heights, made possible by 4 percent LIHTC financing.

Extra Credit for Affordable Housing Finance

A new fixed rate promises to help sponsors raise equity, but its impact will be more complicated.

Brooklyn Basin. Rendering courtesy of Newmark

Transactions: May 2021

A short list of recent major investment sales and financings from coast to coast.

Khosla Capital JV Buys New Jersey Apartments for $115M

JLL Capital Markets represented the seller in its disposition of a 360-unit community in Hackensack.

single-family rental

Feeding the Demand for SFR Loans: Q&A

John Beacham, CEO of Toorak Capital Partners, on filling a niche that is positively impacting the affordable housing supply.

Atlas Real Estate, DivcoWest Form $1B SFR Joint Venture

The partnership will acquire and renovate homes throughout the western United States.

Crown Holdings, Stern Resources Form $250M Joint Venture

The partnership will develop and acquire workforce housing in Georgia, Florida and Texas.

St. Louis. Image via Pixabay.com

COVID-19 Shines Light on Midwest Markets

Bobby Mills and Andrea Kendrick of Berkadia explain what’s behind St. Louis’ strong multifamily performance.

Opportunity Housing Group Buys California Property for $100M

Institutional Property Advisors represented the sellers in the disposition of the 261-unit community in Monrovia, Calif.

Harlem Affordable Property Lands $18M Overhaul

Originally built as a hospital, Mannie Wilson Towers offers 102 units for residents 62 and over.