News
POAH’s Aaron Gornstein on Affordable Housing
The president & CEO of the national nonprofit sheds light on affordable housing finance, policy and his organization’s own plans for the years ahead.
Miami Condo Project Gets $21M Construction Loan
Trez Forman Capital is extending more financing to Arbor Coconut Grove, a 48-unit property being developed in the upscale Coconut Grove neighborhood.
FCP Buys Raleigh Apartments for $33M
Seeing strong demand for workforce housing, the value-add investor plans capital improvements for the 279-unit community in the city’s North Hills area.
Walker & Dunlop Adds Orange County VP
Christine Pratt has more than 15 years of experience in affordable housing financing, having previously served as a member of Freddie Mac’s small balance loan team.
Nonprofit Awarded Grant to Build Low-Income Housing in MS
The $750,000 Affordable Housing Program grant from The First, A National Banking Association and the Federal Home Loan Bank of Dallas will be used to develop a 124-unit community.
Luxury NC Community Welcomes First Residents
Wood Partners opened a 261-unit multifamily property in the vibrant Optimist Park neighborhood of Charlotte.
Vacant NY Building to Become Affordable Housing Property
The nine-apartment project is part of PUSH Buffalo’s revitalization plan to spur development across a 30-block area on the city’s West Side.
Dougherty Mortgage Closes Supplemental Loan for DFW Property
The 122-unit Cedar Point in Seagoville received $1.3 million in Fannie Mae financing to complement the existing 2017 acquisition loan, both set to mature in 2029.
CBRE Names Atlanta Vice Chairman
Robert Kadoori has more than 15 years of financing experience. He previously served as executive vice president of the company’s Capital Markets Debt & Structured Finance Multi-Housing Group.
Milwaukee Value-Add Community Changes Hands
Weidner Apartment Homes acquired the 90-unit Class B residential property. Berkadia arranged the transaction on behalf of the seller.