Northeast
Affordable Housing Is a National Math Problem
Financing the development and preservation of low-income units is a challenge in today’s dynamic marketplace, so private organizations are taking matters into their hands.
Taking Aim at the Co-Living Market
Chris Bledsoe, co-founder of the shared living startup, on why developers are beating a path to his door and how the company’s model could transform the housing sector in the U.S. and beyond.
MassHousing Provides $36M in Financing for MA Affordable Housing
The former Worcester County Courthouse will be redeveloped by Trinity Financial into 117 apartments, including 45 workforce housing units and 13 for extremely low-income residents.
$118M Affordable Senior Housing Project Opens in NYC
The Tres Puentes Senior Apartments community will provide 175 homes for seniors and individuals with special needs in the Bronx.
Work Starts on 103-Unit NJ Affordable Project
Volunteers of America Delaware Valley is building the community, Centerton Village, in the township of Mount Laurel. Funded in part by NJHMFA, the project is slated for completion in May 2020.
Top 5 NYC Multifamily Sales
PropertyShark compiled the top 5 multifamily sales recorded in April 2019 in New York City.
Counter Capital Expands Philadelphia Portfolio
A joint venture of Dalzell Capital Management and Morning Calm Management, the partnership purchased 1501 Locust St. in Center City’s booming Rittenhouse Square neighborhood.
A Green Affordable Housing Lesson From the Bronx
Omni New York Co-Founder Eugene Schneur tells the story behind North America’s largest Passive House development and shares his views on New York City’s affordable housing market and clean energy ambitions.
Queens 269-Unit Condo Project Receives $30M Loan
Madison Realty Capital arranged the financing for Xinyuan Real Estate, which intends to use the funds to build a 17-story condo property with retail and common space components.
NYC Community Lands $42M Fannie Mae Loan
KeyBank’s Community Development Lending and Investment team has closed a second round of financing for the renovation of Twin Parks West, a 311-unit, 10-story affordable apartment property in the Bronx.