U.S. Department of Housing and Urban Development
Tag: HUD
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...
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...
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...
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...
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...
Kidder Mathews Expands Expertise with Three Key Additions to Valuation Advisory Services
Kidder Mathews welcomes appraisal team, Babak Sammak, Michael Thiel, MAI and Tommy Stuebe, specialists in market-rate and affordable multifamily properties, to the firm's Valuation...
Major U.S. Supreme Court decisions coming down the track MAJOR UPDATE
June 28, 2024 Update: The Supreme Court in an unprecedented victory for multifamily and other businesses, has today reversed its 40-year-old decision in Chevron...
BWE Arranges $39.4M HUD 221d)(4) New Construction Loan for Market Rate Multifamily Property Pueblo...
BWE, a national commercial and multifamily mortgage banking company, announced that it has secured a $39,488,600 HUD 221(d)(4) loan to finance the development of...
HUD Closes $14.8M Transaction to Build New Affordable Rental Homes at Trinity Court in...
The U.S. Department of Housing and Urban Development’s Office of Multifamily Housing Programs announced the recent completion of a Rental Assistance Demonstration (RAD) transaction...
