Property Types
TODAY’S DEALS: Foursquare Foundation Breaks Ground on $10M Senior Living Community
The Foursquare Foundation breaks ground on a $10 million senior living community; IPA brokers the sale of a 343-unit multifamily property; and Hendricks & Partners brokers an apartment sale.
Habitat Company’s Mark Segal Talks Mixed-Income Development
Mark Segal, president and CEO of The Habitat Company, discusses the affordable and mixed-income programs that his team has in the works, as well as what’s happening with Chicago public housing.
Unfinished Part of Sterling Pointe Development in N.J. Trades Hands
Somerset, N.J.–Sterling Properties has sold 80 home sites at its over-55 property in Somerset County to K. Hovnanian Homes, which will build out the final phase of construction.
TODAY’S DEALS: UDR to Enter Manhattan Market with $260.8M Acquisition
UDR enters a definitely agreement to purchase 10 Hanover Square; Walker & Dunlop closes a $9.6 million refinance loan; and Boston Capital invests in 96-unit affordable development in partnership with a nonprofit.
MHN TV: Michael Peter Discusses Residence Life Program
Michael Peter, president and CEO of Campus Advantage, talks to MHN about the kinds of benefits that students can get from his company’s Residence Life Program.
TODAY’S DEALS: IPA Closes $32.75M Student Housing Acquisition in Virginia
IPA brokers sale of 228-unit student housing complex; Cohen Financial arranges bridge loan for fractured condos; and Granbridge closes a $75.8 million first mortgage loan.
Enterprise Community Investment Wins More New Markets Tax Credits
Columbia, Md.–The U.S. Department of the Treasury’s Community Development Financial Institutions Fund has awarded Enterprise Community Investment Inc. an additional $62 million in New Markets Tax Credits.
Ground Breaks on Low-Income and Veterans Affordable Housing in N.J.
Newark, N.J.–Work has gotten underway on the Newark Clinton Avenue Homes, a project that will bring 56 affordable housing apartments for low-income and veteran families in Newark, N.J.’s South Ward.
Pension Fund Manager to Help Create 635 Union Jobs Via $50M Investment
Minneapolis–The AFL-CIO Housing Investment Trust continues to aid the creation of construction jobs and support affordable housing with a recent $50 million investment in a Minneapolis multifamily rehabilitation project.
Education Realty Trust and Edwards Cos. to Build Student Housing
Tuscaloosa, Ala.–Education Realty Trust Inc. and the Edwards Cos. have inked a deal to develop and manage new student housing at the University of Alabama in Tuscaloosa, Ala.