Regions
Historic Chicago Building Receives $53M Loan
The NHP Foundation has commenced renovation on the Mark Twain Hotel. By the end of 2019, the property will encompass 148 affordable units.
Bridge Housing Tops Out $84M Affordable Project in OR
A housing development named for Vera Katz, an inspiring local leader, is nearing completion in Portland. It will offer much-needed rental housing to low-income families and homeless military veterans.
Emma Capital Grows in Indianapolis with $39M Buy
The Toronto-based company expanded its footprint in the city to 1,829 units with the acquisition of two apartment communities in the Washington West submarket.
San Francisco-Area Project Gets $104M in Financing
A joint venture of Prometheus and Legacy Partners secured construction financing for Trestle Apartments, a mixed-use development under construction in San Carlos, Calif.
California Expands Affordable Housing Finance Incentives
The new program aims to incentivize affordable housing development for residents with a mix of incomes.
CAPREIT Sells Affordable Active-Adult Asset in Metro DC
The buyer selected ROSS Cos. to oversee property management operations and a capital improvement project at the active adult community.
Suburban LA Community Changes Ownership
Universe Holdings has acquired a 15-unit property in Inglewood, Calif., their ninth in this Los Angeles submarket.
Income Property Organization Brokers Columbus Sale
Paul McHugh of IPO facilitated the transaction, which involved a $2.7 million acquisition loan held by Perpetual Federal Savings Bank.
Albuquerque Hotel Set for Multifamily Conversion
The owner of the former Wyndham Albuquerque Hotel and Conference Center will complete the first phase of the 130-unit project by the end of the year.
MassHousing Provides $14M Renovation Loan for Boston Community
Boston Housing Authority selected Beacon Communities to oversee the rehabilitation and preservation of Camden Apartments, a 72-unit affordable property.