Finance & Investment
LIHTC Funding Recovers. Will It Last?
Funding for low-income housing tax credits picked up in the last couple of years, but budget cuts and policy reforms threaten to undermine the affordable housing incentive program.
Black Creek’s Multifamily Leader Has Big Plans for the Sun Belt
A year after joining the firm to oversee its new multifamily push, Chris Westcott is going all in on suburban areas of high-growth cities.
San Diego Workforce Housing Portfolio Grabs $59M Refi
Union Bank provided the 10-year, fixed-rate loan for the five recently renovated communities.
Transactions: April 2020
A short list of recent major investment sales and financings from coast to coast.
Fannie, Freddie Raise Reserve Requirements as Loan Standards Tighten
Meeting the higher standards for reserve capital is likely to be a tall order for many borrowers, reports Paul Fiorilla of Yardi Matrix.
Sacramento-Area Community Gets $15M Refi
Berkadia secured a 12-year, fixed-rate Freddie Mac loan on behalf of the owner.
WNC Raises $129M for Institutional LIHTC Fund
The latest LIHTC fund from the Irvine, Calif.-based firm will develop and renovate more than 1,600 affordable housing units in nine states.
South Florida Community Scores $25M Refi
Berkadia worked on behalf of the owner to arrange a 10-year, fixed-rate Fannie Mae loan.
ICYMI: MHN’s Top 5 Posts in March
Miss any of our articles? Catch up with five of our most popular posts for the month.
Fore Property Co. Sells Inland Empire Community for $68M
Avison Young represented the seller in its disposition of the 182-unit luxury property in Rancho Cucamonga.