Tag: workforce housing
Greystar Announces Pre-Leasing for Marlowe Gateway in St. Petersburg
Greystar Real Estate Partners, LLC ("Greystar"), a global leader in the investment, development, and management of real estate, including rental housing, logistics and life...
MassHousing to Provide $21M in Financing for New, Mixed-Income and Workforce Housing Community in...
MassHousing will provide approximately $21 million in affordable housing financing to WinnCompanies for the development of The Pointe at Hills Farm, which will feature...
City of Boston and Partners Celebrate Grand Opening of Dot Crossing, a New Mixed-Use,...
The City of Boston, TLee Development, MassHousing, the Massachusetts Housing Investment Corporation, local elected officials, and residents celebrated the Grand Opening of Dot Crossing,...
Apis Cor to Build a 3D-Printed Model House to Demonstrate Workforce Housing in South...
Apis Cor, a pioneer in construction technology, has commenced construction of a fully permitted 3D-printed residential house in Melbourne, Florida. The 2,168-square-foot house is tailored...
NewPoint Provides $22.5 Million in Financing for Idaho Market Rate Workforce Housing Development
NewPoint Real Estate Capital has provided $22.5 million in HUD/FHA 221(d)(4) construction-to-permanent financing to facilitate the development of The Larkspur, an 86-unit market rate workforce...
Middleburg Communities reaches stabilization on fully renovated and repositioned 956-unit Atlanta workforce housing portfolio
Middleburg Communities (Middleburg), a Vienna, Virginia-based real estate investment, development and management firm, has reached stabilization on the substantial renovation, repositioning and leasing of...
Workforce housing asset sold in Pasadena, Texas
JLL Capital Markets announced that it has closed the sale of a 300+-unit, garden-style multihousing property in Pasadena, Texas. JLL worked on behalf of the...
Rate Desk Wednesday, September 9, 2020
September 9, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. With lower home supply and no declines in MF property value,...
Is multifamily truly recession resistant?
The multifamily asset class is known for its survival during a downturn, but with so much class-A product on the market, will its reputation...
Workforce rentals CRE’s ‘darling’
As the U.S. economy continues its longest-ever expansion, the labor market is making history, as well, with the lowest unemployment rate in 50 years....
Merchants Capital secures funding for moving forward 2.0 workforce housing development in Lafayette, Indiana
Mortgage banking firm Merchants Capital has secured funding for a new 32-unit workforce housing development in Lafayette, Indiana. This development is part of the state...
MassHousing Closes on $35.8 Million in Financing for the Redevelopment of the Former Worcester...
MassHousing has closed on $35.8 million in affordable housing financing to Trinity Financial, for the redevelopment of the former Worcester County Courthouse in downtown...
Michaels achieves financial closing on $61 million development in San Marcos, Texas
The Michaels Organization, a national leader in residential real estate and the largest private sector owner of affordable housing in the country, has successfully closed...
Workforce housing is the darling of multifamily investors and a challenge to real estate...
A combination of slow wage growth and limited supply has resulted in strong renter demand and investor interest in workforce housing, according to a...
MassHousing to provide $2.1 million in workforce housing financing for new rental housing community...
MassHousing is providing $2.1 million in affordable housing financing from the Agency’s Workforce Housing Initiative to support the development of 233 Hancock, a 36-unit...