Tag: development
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...
$107M Construction Financing Arranged by MMCC for Los Angeles Area Mixed-Use Property Adept Ontario
Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged $107 million in financing for the...
First Citizens Bank to Provide $48M in Financing for University of Maryland Student Housing...
First Citizens Bank’s Commercial Real Estate business has provided $47.7 million for Aspen College Park, a student housing facility at the University of Maryland...
Joint Venture Announce Development of new Luxury Student-Oriented Multifamily Housing Development in College Station...
LV Collective and Culpepper Realty Co. are moving forward on a new luxury student-oriented multifamily housing development in College Station, Texas in between Houston...
NeighborWorks America Announces Rental Portfolio Grew to More Than 211,000 Rental Homes in Fiscal...
NeighborWorks America announced that the total of owned and managed rental homes of the NeighborWorks network grew to 211,856 in Fiscal Year 2024, an...
JLL Secured $155M Financing for High-Rise Multifamily Development Charlie in Hoboken
JLL Capital Markets announced that it has secured $155 million in construction financing for Charlie, a 386-unit multifamily development in Hoboken, New Jersey. JLL represented...
HUD Awards Nearly $137M in Grants to Increase Section 202 Affordable Housing and Supportive...
The U.S. Department of Housing and Urban Development (HUD) has announced the allocation of nearly $137 million in grants aimed at increasing affordable housing...
QuadReal Provides Construction Loan for the Development of University of Michigan Student Housing Property...
QuadReal Property Group (“QuadReal”), a global real estate investment, operating and development company, has announced the closure of a construction loan to Core Spaces,...
DCHFA Finances its First Development of 2025 – 100 New Affordable Apartments on Rhode...
On January 17, 2025 the District of Columbia Housing Finance Agency (DCHFA) issued $35.1 million in tax exempt bonds, underwrote $25.56 million in federal and...
Carter Bank and FHLBank of Atlanta Award More Than $2M to Support Affordable Housing...
Carter Bank (Nasdaq: CARE) and the Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced a significant investment of $2.3 million in grant funding,...
Institutional Property Advisors Closes Multifamily Development Site Sale on Four Mile Road in St....
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of a 32-acre land parcel with 18 developable acres located between...
Waterton Closes on $16M Preferred Equity Investment in the Residences at Eastbank Development in...
Waterton, a national real estate investor and operator, announced a $16 million preferred equity investment for the development of the Residences at Eastbank, a...
Middleburg Communities to Develop 290-Unit Class A Multifamily Community Mosby Barclay West in Wilmington’s...
Middleburg Communities ("Middleburg"), a leading developer of rental housing throughout the Southeast and Sunbelt announced that it has secured construction financing for Mosby Barclay...
JLL Facilitates Loan for Multifamily Development Stella Apartments in San Diego’s North Park
JLL Capital Markets announced that it has arranged a $46.5 million construction financing for Stella Apartments, a 149-unit multifamily development project in San Diego,...
Fannie Mae Multifamily Closes 2024 With More than $55B in Volume
Fannie Mae (FNMA/OTCQB) announced that they provided more than $55 billion in financing to support the U.S. multifamily market in 2024. Fannie Mae provided significant...