U.S. Department of Housing and Urban Development
Tag: HUD
Standard Communities Acquires $1B Portfolio in Largest Affordable Housing Transaction of 2024
Standard Communities, a major national affordable housing developer and investor, has acquired a 100% affordable housing portfolio valued at over $1 billion consisting of...
J Street Property Services Secures Land for Future Multifamily Development The Bluewood in Kerrville...
J Street Property Services has officially closed on a large parcel of land in Kerrville, Texas that will soon be home to The Bluewood,...
Locust Cove Management Welcomes New Clients with Expansion of Affordable Housing Property Management Services
Locust Cove Management (LCM), a full-service property management firm specializing in affordable housing property management services, is excited to announce its expansion into managing...
JLL Assists in Securing HUD 223(f) Refinance Loan for Monte Alban Apartments, a 192-unit...
JLL Capital Markets announced that it has arranged a $30,168,200 refinancing for Monte Alban Apartments, an affordable housing complex in San Jose, California.
JLL worked...
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...
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...
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...
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...
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...
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 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 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...
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...
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...
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...