Nixon Peabody announced Sonia A. Nayak has been promoted to counsel in its Real Estate & Community Development department. Her practice entails representing developers, lenders and investors finance and develop commercial real estate projects including office buildings, community centers and technology incubator facilities. She concentrates her practice in the areas of the new markets tax and low-income housing credit programs.
Boston Financial announced it has been ranked the largest LIHTC multifamily housing syndicator for the fourth consecutive year by National Multifamily Housing Council (NMHC).
Merchants Capital announced that it has expanded its executive leadership team with the promotion of Chris Messmann to executive vice president.
Woda Cooper Companies and Cherry Health announced that Michigan State Housing Development Authority has awarded housing tax credits to Shea Ravines, a new $18.2 million 56-unit affordable housing community with 20 Permanent Supportive Housing (PSH) units in Wyoming, MI.
Hunt Capital Partners (HCP) announced the transfer of ownership of Hunter’s Landing and Quail Ridge at Mallard Pointe, a 74-unit affordable housing development in Arab, AL, to Huntsville-based nonprofit Neighborhood Concepts, Inc.