Industry News

First Impressions On the Mid-Term Elections & Its Impact on Affordable Housing

Like many of you, I was up late watching the returns from yesterday’s mid-term elections.  As I write this we are still waiting for final results  on several races, but a few things are becoming clear. The following are some of my first impressions on what the elections could mean for affordable housing and tax credit […]

IRS Issues Opportunity Zone Proposed Regulations

On Friday, October 19 the Internal Revenue Service (IRS) issued several critical documents relating to the Opportunity Zone Incentive. This includes:

Economic and Fixed Income Insights, November 14, 2018

Housing remains a soft spot in the economy as mortgage applications continue to drop with rising rates and slumping stocks deterring potential homebuyers. According the Mortgage Bankers Association, volume is down 22% from the year prior. Tech and crude oil prices are weighing on equity markets and driving haven demand, even while the overall tone […]

Member News

Riverside Capital Adds to Investments in Camden, NJ

Riverside Capital, LLC (Riverside) announced it has invested $15.5 million in Branch Village Townhomes, the second of a planned four-phase redevelopment of the Clement T. Branch public housing community in the Centerville neighborhood of Camden, NJ.

Riverside Capital Invests in Washington, DC

Riverside Capital, LLC (Riverside) announced it has invested $10.1 million in Ainger Place Apartments, a 72-unit new construction property in the Randle Heights neighborhood of Washington, DC.

NTCIC Welcomes New Staff member Mike Palien

Mike Palien joins NTCIC as the new senior marketing specialist.