The Community Builders Inc.

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KeyBank Provides $39M Loan for Historic Cleveland Community

The financing comprises three different types of loans, which will contribute to the redevelopment and preservation of Commodore Apartments, a 198-unit property.

Cleveland

Community Builders Secures $10M for Affordable Boston Development

TD Bank arranged the financing for The Clarion, and its Community Capital Group has also invested $9.2 million of equity in the project. Construction is scheduled for completion by 2019.

Boston

Community Builders Procures $38M to Develop NY Apartments

Cottage Place Gardens Phase III is a 70-unit, mixed-income property in Yonkers. The project involves the replacement of a 1940's housing project and a deteriorated townhouse.

New York

$16M Senior Housing Community Opens in Pittsburgh

The 66-unit Hillcrest Residences, which was developed by The Community Builders is located in the Carrick neighborhood.
Pittsburgh 19 December 2017 17:29
NEI Completes Phase II of Boston Redevelopment

The company developed a 39-unit affordable community in the property, part of an initiative to transform as many as 11 acres of vacant lots in Boston into a mixed-use, transit-oriented development.
Boston 25 May 2017 15:46
Nonprofit Developer Maintains Affordable Rents in Cleveland

Mission-driven Community Builders has acquired the Commodore Place Apartments in Cleveland, which will continue to operate as a mixed-income housing community.
Cleveland 03 December 2015 20:14
Community Builders and Partners to Renovate, Expand Mixed-Income Apartments in Boston

Community Builders, in a joint venture, plans to renovate 215 existing apartments and construct new apartment buildings.
Northeast 02 December 2015 12:19
How a New Mixed-Income Chicago Apartment Supports the Arts

How The Community Builders's new community is expected to engage local artists.
Midwest 20 November 2015 16:24
Boston Chinatown Apartments to Keep Affordable Status

Chauncy House Apartments received $16.4 million in MassHousing Financing.
National 04 November 2015 20:11
Boston Families to See Extended Affordability and Property Renovations

An apartment community wants to expand opportunities for families of all incomes seeking great schools.
Boston 01 September 2015 15:20

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Rent Growth Rebounds in Boston

The metro’s multifamily development pipeline remains steady, yet demand is once again outpacing supply. Monthly rates rose 2.9 percent year-over-year.
11 October 2018 12:49
Matrix Multifamily Salt Lake City Report – Winter 2019

The metro's multifamily demand is still outpacing supply, while occupancy in stabilized properties, at 96.0 percent last September, remains above the national average.
11 January 2019 12:23
Holland Partner Group Wraps Up 2 LA Towers

Designed by MVE + Partners, the pair of multifamily high-rises encompasses 575 luxury residential units, part of the downtown area’s boom in housing supply.
02 April 2019 12:53
Somerset Partners Buys Charlotte Community

The 155-unit multifamily asset changed hands for more than $15 million, with Capital Bank providing the buyer with $11.6 million in acquisition financing.
11 January 2019 14:24
CBRE Team to Represent Seller in 2 CO Transactions

Creekside at Palmer Park and Woodland Hills are both located in Colorado Springs. Griffis/Blessing received $99.5 million for the two assets totaling 488 units.
19 December 2018 15:43