Tag: Rehabilitation
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...
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...
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...
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...
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...
Merchants Capital Provides $129.1M for NYCHA PACT Renovation of Bronx-Based Boston Road Plaza, Boston...
Leading financial services provider Merchants Capital announced $129.1 million in financing for the New York City Housing Authority (NYCHA) $419.6 million renovation of Boston...
HUD Announces $150M Investment Toward Affordable Housing in Tribal Communities
The U.S. Department of Housing and Urban Development (HUD) announced $150 million in funding for new affordable and innovative housing in Tribal communities through...
HUD Delivers Over $60M to Build and Preserve Affordable Housing in Atlanta Housing Authority
The U.S. Department of Housing and Urban Development (HUD) announced the completion of a $60.2 million Rental Assistance Demonstration (RAD) transaction with the Housing...
Red Stone Equity Partners Closes its 17-Year Historically Largest Multi-Investor LIHTC Fund Offering
Red Stone Equity Partners LLC, a privately-owned real estate finance and investment company specializing in affordable multifamily residential funds and financings, announced the closing...
Dominium to Resyndicate Oak Meadows with $5M Renovation
Dominium, a leading affordable housing owner, developer and manager announced the resyndication of Oak Meadows in Cocoa, Florida. Dominium will renew the property’s affordable...
Dominium Announces the Resyndication and Renovations of 204 Affordable Senior Apartments at The Cesera...
Dominium, a leading affordable housing owner, developer and manager announced that it has secured the financing for the resyndication of The Cesera, an affordable...
Red Oak Capital Holdings Provides $15.5M for Redevelopment of Minnesota Commons Apartments in Washington...
Red Oak Capital Holdings, LLC has provided a $15.5 million bridge loan for Minnesota Commons Apartments in Washington, D.C. The funds will be used...
HUD/RAD Delivers Over $37M to Build and Preserve Affordable Housing in Reno
The U.S. Department of Housing and Urban Development (HUD) announced the completion of a $37 million Rental Assistance Demonstration (RAD) transaction with the Reno...
Hudson Realty Capital Launches $800M Bridge-to-HUD Loan Program for Multifamily Projects
Hudson Realty Capital, an integrated commercial real estate investment manager and FHA/HUD lender that provides financial solutions to sponsors across the U.S., announced the...
Merchants Capital Secures $100+M for Austin Affordable Housing Development Travis Park Apartments
Leading financial services provider Merchants Capital announced that it secured more than $100 million in debt and equity proceeds for the acquisition and rehabilitation...