Regions
Seniors Community Funded by WNC LIHTC Equity Opens in Honolulu
Pacific Housing Assistance Corporation recently held a dedication ceremony to officially mark the opening of Senior Residence at Iwilei, an affordable seniors housing building that was partially funded with $24 million in LIHTC equity from Irvine, Calif.-based WNC.
Hunt Companies to Undergo New Leadership
Hunt Companies Inc., a national developer, investor and manager of real assets for public and private sector clients, announced the appointment of Chris Hunt, who will transition into chief executive officer for the company.
New Affordable Seniors Housing in San Diego Will Be LGBT Friendly
Community HousingWorks is planning Arizona Street Development, a proposed 76-home seniors apartment building and a 118-home multifamily building in San Diego’s North Park district.
Hinduja Group, OHLD Grab Iconic Old War Office Building in Central London
London-based Hinduja Group, one of the largest diversified companies in the world, in partnership with Spanish industrial company Obrascon Huarte Lain Desarrollos, has recently purchased the Old War Office building in central London.
TODAY’S DEALS: Luxury Scottsdale Condo to Rise Thanks to $19.8M Loan
HFF arranges construction financing for Deco Communities; AFL-CIO invests $8.3 million into a massive affordable development in Queens; and NAI Capital brokers a 12-unit sale in North Hollywood.
Economy Watch: Homebuilders’ Optimism Edges Down
Following a four-point uptick last month, builder confidence in the market for newly built single-family homes fell one point in December to 57 on the National Association of Home Builders/Wells Fargo Housing Market Index.
TMS Development Undertakes Drayton Mills Rehab
Work has started on Drayton Mills Loft Apartments, a 289-unit apartment property in Spartanburg.
Prism’s Parkway Lofts 50 Percent Leased, Phase III Now Available
Prism Capital’s Bloomfield, N.J., adaptive reuse development, Parkway Lofts, has surpassed the 50-percent leased mark, and units from Phase III of the redevelopment are now available to renters.
Bristol Housing Authority Executive Director Promoted to CEO
The Bristol Housing Authority has announced that long-time Executive Director Mitzy Rowe has been promoted to chief executive officer.