Tuesday, January 7, 2025

Tag: HUD

U.S. Department of Housing and Urban Development

partnership with North Carolina

HUD Announces New Partnership with North Carolina Central University to Strengthen America’s Fair Housing...

The U.S. Department of Housing and Urban Development (HUD) announced a new partnership with North Carolina Central University (NCCU), a public historically Black university...
Concord Royal Gardens

The BLVD Group Breaks Ground on 300-Unit Affordable Housing Redevelopment of Concord Royal Gardens...

The BLVD Group ("BLVD"), a leading developer and owner of affordable housing, is pleased to announce the $97 million acquisition and planned renovation of...
Langtree Lake Norman

Berkadia Brokers $76M Multifamily Asset Sale of Langtree Lake Norman in North Carolina

Blue Heron Asset Management acquired a Lake Norman apartment complex for $76 million. RL West and Langtree Development were the sellers of the Langtree...
573 Meeting Street

The Michaels Organization, Spandrel Development, and One80 Place to Transform Vacant Property at 573...

The Michaels Organization, working in partnership with One80 Place and Spandrel Development Partners, is set to transform a vacant lot in downtown Charleston into...
Baltimore

HUD Invests Over $1.1M to Modernize Senior Housing in Baltimore

The U.S. Department of Housing and Urban Development’s (HUD) announced the closing of two transactions, totaling $1.1 million, to help finance repairs and energy...
Handbook

HUD Announces New Actions to Improve its Handbook for the Management of Multifamily Affordable...

The U.S. Department of Housing and Urban Development (HUD) announced the start of its process to update the Multifamily Asset Management and Project Servicing...
Merchants Capital

Merchants Capital Completes $630M Securitization of Healthcare CRE Loans for Senior Housing Properties

Leading financial services provider Merchants Capital (Merchants) announced the securitization of approximately $630 million in healthcare commercial real estate (CRE) bridge loans. The loans were...
HUD-Assisted Housing

HUD Announces More Than $6M to Revitalize Communities with Distressed HUD-Assisted Housing

The U.S. Department of Housing and Urban Development (HUD) announced $6.5 million in Choice Neighborhoods Planning Grants for 13 communities in 11 states across...
Assisted Senior Housing

Berkadia Secures $92.71M in Financing for Nine Senior Housing Communities in Four Different States

Berkadia announced the financing of nine assisted living seniors housing communities totaling $92.71 million located in Montana, Oregon, Arizona, and Florida, with all the...
Randolph Hills

American South Capital Partners Invests $4.2M in North Carolina Affordable Housing Complex Randolph Hills

American South Capital Partners (“ASCP”), a joint venture of SDS Capital Group and Vintage Realty Company, has provided Infinity Real Estate Advisors with $4.23...
Rumble Road Apartments

Joint Venture Pays $17M for Rumble Road Apartments in Modesto California

Lee & Associates, the largest broker-owned commercial real estate firm in North America, announced that its LA North/Ventura office has brokered the acquisition of...
Northgate II

HUD Announces More Than $5M in New Investments Grant for Northgate II in Camden...

The U.S. Department of Housing and Urban Development (HUD) Acting Secretary Adrianne Todman traveled to Camden, New Jersey, to announce a $5,640,000 grant to...
Haley Sofge Preservation

Miami-Dade County and Related Group Announce Grand Opening of the Haley Sofge Preservation Apartments

Miami-Dade County Mayor Daniella Levine Cava and Miami-Dade County District 5 Commissioner Eileen Higgins will join multifamily developer Related Group at the grand opening...
Columbine Towers

BWE Uses Creative Financing to Secure Nearly $50M for Manufactured and Affordable Housing in...

BWE, a national commercial and multifamily mortgage banking company, announced the closing of three financings totaling $47,127,000 to preserve, build, and provide permanent financing...
Waukegan

HUD Delivers Nearly $28M Transaction to Build and Preserve Affordable Housing for Illinois Seniors...

The U.S. Department of Housing and Urban Development (HUD) announced the completion of a nearly $28 million Rental Assistance Demonstration (RAD) transaction with the...

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