Property Types
Greystone Coordinates Financing for Jersey City Affordable Housing Community
Greystone has solidified financing for Salem Lafayette Apartments in Jersey City. The $64.5 million Fannie Mae Multifamily Affordable Housing (MAH) funding will go toward the acquisition and rehabilitation of the affordable housing community.
Centerline Capital Unveils New Healthcare Lending Platform
Centerline Capital Group has announced the addition of a national healthcare lending platform. The new program will fund a variety of multifamily healthcare related projects such as community-based residential care, assisted living, memory care and nursing homes.
Wood Partners Opens North Carolina Apartment Property
The Bristol is now leasing in Morrisville, N.C. The 260-unit property was developed by Wood Partners as part of Park West Village, a 100-acre mixed-use development.
In Spite of Difficulties, Virtus Still Sees Opportunity in Student Housing
While investing in student housing has recently become more difficult due to inventory and financial constraints, Virtus Real Estate Capital remains optimistic about the health of the sector, especially near tier-one schools.
The Chetrit Group Obtains $160M in Financing for NYC Student Housing
Meridian Capital arranges $160 million for The Chetrit Group’s refinance of a student housing property in New York that was formerly a nursing home.
Central Harlem Condo Development Half Sold After First Month on the Market
About half of the condominiums at L+M Development Partners Inc.’s Central Harlem mixed-use development, The Adeline, have sold in the first month of sales. The community is expected to be completed this fall.
MHN Interview: JoAnn Blaylock, Grand Campus Living
MHN speaks with JoAnn Blaylock of Grand Campus Living about how the private student housing industry has transformed into a vibrant and trendsetting sector of multifamily.
TODAY’S DEALS: M West Adds 248 Units to LA Portfolio
M West Holdings acquires an apartment in Torrance, Calif.; Besen & Associates brokers the sale of a Section 8 community in the Bronx; and a three-property Santa Monica apartment portfolio trades for $28.5 million.
Transaction Kicks Off TCC, Hanover Co. Redevelopment in Austin
The sale and transfer of the Green Water Treatment Plant parcel in Austin has officially kicked off the redevelopment of the site by a partnership involving Trammell Crow Company, The Hanover Company and Pacific Life Insurance Company.
MHN Interview: Anand Kannan, President, Community Preservation Partners
Low income tax credit specialists WNC & Associates may have more than 40 years of experience in affordable housing, but the firm isn’t afraid to put youth in the driver’s seat of its rapidly expanding subsidiary, Community Preservation Partners.