Member News

Nixon Peabody provides an update for owners, managers and other providers of multifamily housing facing challenges in responding to the COVID-19 virus, including just-released guidance from the CDC.

The following groups have submitted legislative and/or regulatory asks. Please email Kaitlyn Snyder to add information. 

The Community Builders (TCB) has announced the retirement of Beverly Bates and the appointment of Patricia Belden as her replacement as executive vice president for real estate development, both effective March 30, 2020.

Woda Cooper Companies, Inc. announced it will create an interim rental assistance fund and waive late rent fees for residents whose jobs are directly impacted by the coronavirus (COVID-19) pandemic.

Churchill Stateside Group, LLC (CSG) is pleased to announce the inter-company promotion of NH&RA Board member and origination team member Dan Duda to senior vice president and, national director of Originations and Acquisitions.

Kathy Ebner, president and CEO of Homes for America, has announced plans to retire later this year, concluding her 15-year career with HFA. The organization is looking for experienced candidates for president who have experience serving the Maryland or the mid-Atlantic region and who understand and share HFA’s mission and values.

WASHINGTON, DC (March 3, 2020) – Holly Wiedemann, president & owner of AU Associates, Inc. was elected chair of the Board of Directors of the National Housing & Rehabilitation Association (NH&RA) at the 2020 Annual Meeting in Palm Beach, FL. Holly succeeds Robert Fein, chief operating officer, Redstone Equity Partners LLC, who served as chair […]

Red Stone Equity Partners LLC  has hired Catalina “Cat” Vielma as senior vice president of Acquisitions | Mountain Region and Michael Tayefeh as assistant vice president of Investor Relations, and announced several promotions in key leadership roles across its Acquisitions, Investor Relations and Portfolio Management divisions.

Cinnaire has been awarded a $7 million Capital Magnet Fund grant from the U.S. Department of Treasury’s CDFI Fund. The grant was announced as part of $130.9 million awarded to 38 nonprofit housing organizations and CDFIs for the development of affordable housing and community facilities in low-income communities. Cinnaire received the second largest award in the country. The capital will be used to provide predevelopment, acquisition and bridge financing for high impact affordable housing developments.

Beacon Communities LLC and Artspace, New Haven’s leading alternative space for contemporary art, have signed a ten-year lease for the 5,000 square foot space in the flagship corner of Ninth Square, steps from the New Haven Green and Union Station.

RED Mortgage Capital (RED) announced that they have provided a $950,000 U.S. Department of Agriculture (USDA)-backed loan for the recently completed New York State Homes and Community Renewal’s (HCR) Walnut Hills Apartments project in Penn Yan, NY.

PENN YAN, N.Y. – Jan. 31, 2020 – RED Mortgage Capital (RED), a division of ORIX Real Estate Capital, announced that they have provided a $950,000 United States Department of Agriculture (USDA)-backed loan for the recently completed New York State Homes and Community Renewal’s (HCR) Walnut Hills Apartments project in Penn Yan, New York.