Finance & Investment
WNC Closes $102M LIHTC Fund
The fund will finance construction or rehabilitation of a huge portfolio spanning 12 states.
First Denver Affordable Housing Plan Nears Fruition
The city council has scheduled a vote for Sept. 12.
Housing Trust Grows Florida Footprint
The company has closed $20 million in financing and broken ground on one of five communities currently under construction in the Sunshine State.
Avesta Ploughs $27M into Orlando
Newly renamed Avesta Winter Park, the 368-unit property will get a multimilllion-dollar makeover.
Apartments Near the Meadowlands Sell for $91M
The amenity-laden property boasts a swimming pool with a sundeck, a lounge with a bar and gaming area, and an on-site store, among other perks.
JLL Secures $13M Freddie Mac Loan for Minnesota Community
The financing is for the acquisition and renovation of Northgate Plaza, a 151-unit affordable property in Rochester, Minn.
Walker & Dunlop Structures Refi for Bozzuto Property
The National Harbor apartments qualified for Fannie Mae’s Green Program.
HFF Secures $30M in Financing for Broadway Place
Virtú Investments acquired a Class B community in Eugene, Ore.
Passco Buys Suburban Phoenix Community for $80M
The nearly 400 units are located in one of the metro area’s most desirable submarkets.
HFF Arranges $65M Financing in Austin
Toronto-based Starlight Investments acquired the two Class A, garden-style communities in west Austin.