Property Types
Social Housing Program Paves the Way for Development in Brazil
The Minha Casa Minha Vida (My House My Life) program is one of the world’s most ambitious social-housing programs, aiming at building 3 million homes by the end of 2014 and reducing the housing shortfall for low-income Brazilians by up to 40 percent.
LISC Invests $1.1B in Low-Income Community Revitalization in 2010
New York–Last year, the Local Initiatives Support Corporation invested an aggregate $1.1 billion in grants, loans and equity to help give new life to low-income communities.
TODAY’S DEALS: ARA Executes Sale of 267-Unit Community in Charlotte, N.C. for $40.5M
ARA closes the sale of Elizabeth Square in N.C.; Salmanson acquires Nebraska student housing; and Berkadia Commercial Mortgage originates a $13.35 million loan through conduit.
Boston Capital Invests in Virginia Affordable Housing Development
Stuarts Draft, Va.–Boston Capital Corp. has agreed to become the latest investor in the construction of Montague Terrace Apartments, an affordable multifamily development in Stuarts Draft, Va.
FHLBank Atlanta Pays $8.3M for N.C. Affordable Housing
The Federal Home Loan Bank of Atlanta has awarded $8.3 million to assist in funding 18 affordable housing projects in North Carolina.
Q&A with Crescent Resources’ Todd Farrell
Todd Farrell, president of Crescent Resources Multifamily Development Group, talks to MHN about Crescent Resources’ foray into student housing.
Q&A with Crescent Resources’ Todd Farrell
Todd Farrell, president of Crescent Resources Multifamily Development Group, talks to MHN about Crescent Resources’ foray into student housing.
TODAY’S DEALS: Granbridge Closes $31.9M Mortgage Secured by 352-Unit Property
Granbridge closes $31.9 million first mortgage; CBRE sells a 304-unit student-housing community; and HFF closes sale of suburban apartment property.
Downtown Atlanta’s Luxurious Marquis Vista
With its modern aesthetic and chic, boldly colored exterior, Marquis Vista is a perfect match with downtown Atlanta’s atmosphere.
TODAY’S DEALS: HFF Closes Sale of West Houston Community
HFF closes sale on Houston community; Boston Capital invests in Virginia affordable multifamily; and Jones Lang LaSalle markets an apartment property in Washington state.