Regions

Jefferson Apartment Group Sells Suburban Boston Community for $104M

The 262-unit community was acquired by a Salt Lake City-based REIT.

In January, Housing Trust Group broke ground on Village View, a 100-unit affordable housing project for adults over 55 in Fort Lauderdale, Fla. Financing for the $25 million development included 9 percent low-income housing tax credits. Completion is expected early next year. Image courtesy of Housing Trust Group.

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.

San Diego Workforce Housing Portfolio Grabs $59M Refi

Union Bank provided the 10-year, fixed-rate loan for the five recently renovated communities.

CCPA Compliance Challenges Multifamily

California’s new consumer privacy act sends ripples across marketing efforts nationwide.

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.

Denver Developer Scores $19M Construction Loan

A JLL Capital Markets team arranged the financing for a 111-unit project on behalf of Botnick Realty.

Yes, Residential Showings Are Essential, New York Says

The state changed course on Thursday, announcing that certain in-person activities at residential properties are now allowed to take place.

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.