Affordable housing is housing which is deemed affordable to those with a median household income as rated by the national government or a local government by a recognized housing affordability index.
Tag: affordable housing
Evergreen Real Estate Group and LUCHA Complete 89-Unit Affordable Housing Development Encuentro Square in...
Evergreen Real Estate Group, a leader in the development, construction and management of both affordable and market-rate multifamily properties, announced the completion of Encuentro...
Mountain View Celebrates the Grand Opening of Luxury Apartment Community Avelle
Sares Regis Group of Northern California (SRGNC) and Stockbridge Capital Group are proud to announce the grand opening of Avelle, a premier luxury apartment...
Safehold Closes Ground Lease for Sacramento Affordable Housing Development The Crawford
Safehold Inc., the creator and leader of the modern ground lease industry, has closed on a ground lease to facilitate the ground-up development of...
Red Stone Equity Partners Raises $1.43B of Equity in 2024
Red Stone Equity Partners LLC, a privately-owned real estate finance and investment company specializing in affordable multifamily fund management, announced that 2024 marked the...
JLL Facilitates $131.5M Sale Arranged for Luxury Apartment Community Summit Court Near Newark
JLL Capital Markets announced that it has arranged the $131.5 million sale of Summit Court, a 393-unit luxury apartment community located in Union, New...
CPP Announces Acquisition of Sundance Apartments in Bakersfield California
CPP (Community Preservation Partners), a mission-driven affordable housing preservation developer, in partnership with Bettencourt Properties and The Beneficial Housing Foundation, has announced the acquisition...
Habitat Fully Leases OC Living Phase I and Closes on Phase II at Ogden...
Chicago-based Habitat, a leading U.S. multifamily developer and property manager, has fully leased OC Living Phase I, the first residential building within the $200...
Shopoff Realty Investments Secures Financing from Lionheart Strategic Management for 29-Acre Magnolia Coast in...
Shopoff Realty Investments (“Shopoff”), a national manager of opportunistic and value-add real estate investments, announced that it has received a $60.9 million senior mortgage...
BWE Secures Over $32M for Affordable Housing in Indiana and North Carolina Including The...
BWE, a national commercial and multifamily mortgage banking company, announced the closing of three financings totaling over $32 million for the construction and substantial...
Merchants Capital New York Office Provides $2.2B in 2024 Financing, Expands Debt and Equity...
The New York office of leading financial services provider Merchants Capital announced a total production volume of $2.2 billion for 2024, setting a new...
Housing Trust Group Breaks Ground on $185M Mixed-Use Development Rainbow Village with Affordable Housing...
Housing Trust Group (HTG), one of the nation’s largest developers of affordable housing, has secured financing and commenced development on Rainbow Village, a $185...
Pennrose Welcomes Will Eckstein as Southeast Regional Vice President
Pennrose, a national leader in the development and management of high-quality mixed-income and mixed-use housing, has announced the appointment of Will Eckstein as the...
MassHousing Has Closed on $29.7M in Affordable Housing Financing for the Transit-Oriented Development of...
MassHousing has closed on $29.7 million in affordable housing financing to the nonprofit NeighborWorks Housing Solutions (NHS) for the construction of 94 new affordable...
HUD gets its first chief with real-world housing experience
On February 5, the U.S. Senate confirmed Scott Turner as secretary of Housing and Urban Development (HUD). Turner takes over the position...
Matthew Wiener and Preyaa Strzalkowski Join Walker & Dunlop’s Affordable Team
Walker & Dunlop, Inc. announced that Matthew Wiener, has joined its affordable housing team as senior managing director.
Wiener will be joined by his longtime...
