Property Types
Virtus Real Estate Capital and Aspen Heights Announce Joint Venture on New Student Housing
Virtus Real Estate Capital, a real estate private equity firm, and Aspen Heights, a student housing development and management company, have partnered to develop a 684-bed cottage-style student housing community, located close to the University of Oklahoma.
Enterprise Makes $6M Tax Credit Investment to Preserve Philly Affordable Properties
Enterprise Community Investment has made a $6 million Low Income Housing Tax Credit deal to acquire, rehabilitate and preserve 92 affordable apartment units within four developments across scattered sites in Philadelphia.
Peak Campus Management Selected to Manage 20 Hawley Street
Atlanta-based Peak Campus Management has announced that it has been tapped to manage 20 Hawley Street in Binghamton, N.Y.
Avanti Senior Living Developing $15M Assisted Living Community in Flower Mound, Texas
Avanti Senior Living will build Avanti at Flower Mound, a $15 million assisted living and memory care community in Flower Mound, Texas, commencing building in January with an expected occupancy of early spring 2016.
Jonathan Rose Companies and TIAA-CREF Announce Preservation Fund
TIAA-CREF and Jonathan Rose Companies have unveiled the Rose Affordable Housing Preservation Fund LLC—a $51.6 million fund seeded by the two organizations that will help with the acquisition and improvement of affordable and mixed-use housing in strategic major metros in the United States.
Work Begins on Seniors Housing in Suburban Rochester
Ground has been broken on Long Pond Senior Housing, an affordable supportive seniors housing development in the town of Greece, a suburb of Rochester, N.Y. When the first phase is complete, the property will include 54 one- and two-bedroom units.
AHP Grant Targeted for El Campo Apartment Renovations
National Church Residences was awarded a $259,000 Affordable Housing Program grant from Wells Fargo and the Federal Home Loan Bank of Dallas to renovate the Prairie Village Apartments, a 38-unit community serving low-income seniors in El Campo, Texas.
Greater Newark Housing Partnership to Create New Affordable Units
Two dozen new affordable and supportive apartments are coming to Newark’s Fairmount Heights neighborhood.
ZOM and AIG to Develop Orlando Luxury Lakefront Community
Land has been purchased in Baldwin Park, Orlando’s prestigious master planned community, for the development of a luxury lakefront community called Baldwin Harbor.
WNC Provides $6.06M in LIHTC to Fund Redevelopment Project
WNC has announced the completion of redevelopment efforts at the 112-unit Village Green Senior Apartments in Decatur, Ind.