Tag: Rehabilitation
Berkadia Closes $100M LIHTC Multifamily Fund
Berkadia announced the closing of a $100 million multi-investor low-income housing tax credit (LIHTC) fund.
Berkadia Housing Partnership XV 2025 will help finance the development...
Fairstead Celebrates Completion of Extensive $17.7M Rehabilitation of Affordable Housing Community Lauderhill Point
Fairstead, a national, vertically integrated real estate company, marked the completion of major renovations at Lauderhill Point, a 176-unit affordable housing community in Lauderhill,...
Cinnaire Provides Over $38M in Financing to Preserve Affordable Housing at Countryside Townhouses near...
Cinnaire has announced the closing of a $12 million Low-Income Housing Tax Credit (LIHTC) equity investment as well as $23.5 million loan with their...
Merchants Capital Secures $25M+ for Westbeth Artists Affordable Housing Development in New York City
Leading financial services provider Merchants Capital announced $25.2 million in financing as part of the recapitalization and rehabilitation of Westbeth Artists Affordable Housing, a...
NJCC Provides Pre-Development Funding for Cove Pointe in Bayfront Properties in Jersey City
New Jersey Community Capital (NJCC) has made an $8.6 million in preferred equity investment in the Cove Point phase of the Bayfront Redevelopment Project....
DCHFA Finances 108 New Affordable Harvard Court Apartments in Columbia Heights
The District of Columbia Housing Finance Agency (DCHFA) issued $48.26 million in tax exempt bonds, underwrote $34.9 million in federal and $6.8 million in...
Fairstead Announces $20M Renovation of 710 Affordable Homes in Existing Bronx Portfolio
Fairstead, a national, vertically integrated real estate company, announced a $20 million investment to renovate 710 affordable housing residences across 19 buildings in the...
Merchants Capital Secures $60M+ for a 602-Unit Affordable Housing Development Ocean Park in Queens
Leading financial services provider Merchants Capital announced $60.5 million in total financing for Tredway’s acquisition and preservation of Ocean Park Apartments, a 602-unit affordable...
Kidder Mathews Facilitates Sale of Two Off-Market Los Feliz Apartment Buildings on Rodney Drive
Kidder Mathews has arranged the off-market sale of two iconic multifamily properties in Los Angeles’ Los Feliz neighborhood, located at 2028–2030 Rodney Drive and...
Kiser Group Brokers Sale of Fully Renovated 36-Unit Building 5201 Washington Boulevard for $2.6M
Kiser Group is pleased to announce the successful sale of a 36-unit multifamily property located at 5201 W. Washington Boulevard in Chicago’s Austin neighborhood.
The...
FHLBank San Francisco Awards $6.7M in Grants to Develop Affordable Housing in Arizona
The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) announced $6.7 million in Affordable Housing Program (AHP) General Fund grants to support...
Joint Venture Converts to Permanent Financing on Prospect Estates in Southern Massachusetts Following $14M...
Affordable Housing and Services Collaborative, Inc. (AHSC), a nonprofit organization that owns and develops affordable rental communities, is pleased to announce the successful conversion...
Merchants Capital Secures $231M in Total Financing for 877-Unit NYCHA PACT Renovation of Eastchester...
Leading financial services provider Merchants Capital announced $231 million in total financing for the renovation of Eastchester Gardens, a $391 million New York City...
PHFA Accepting Bids for $4.5M of Mixed-Use Development Tax Credits
The Pennsylvania Housing Finance Agency announced that it is accepting bids for the purchase of $4.5 million in mixed-use development tax credits. The funds...
CPP & Beacon Revitalize Historic Brewery Square to Preserve 104 Affordable Homes in New...
CPP (Community Preservation Partners), a mission-driven affordable housing preservation developer, and Beacon Communities, one of the nation's leading affordable housing development and management companies,...
