Member News
Merchants Capital Secures $56.5M for 152-Unit Affordable Housing Development in Rhode Island
Merchants Capital announced $56.5 million in debt and tax credit equity financing for the acquisition of Rock Ridge Apartments, a 152-unit multifamily housing development in Woonsocket, RI developed by The BLVD Group.
PGIM Real Estate Hires Executive Director, Agency Originations
PGIM Real Estate announced that SaraBeth Mantia has joined PGIM as an executive director, agency originations, based in Minneapolis, MN.
USA Properties Fund Opens A.J. Apartments in Sacramento
USA Properties Fund has completed The A.J., the first mixed-income apartment community in The Railyards.
Merchants Capital Secures $32.9M for 60-Unit Affordable, Supportive Housing Development in St. Paul, MN
Merchants Capital announced $32.9 million in financing for the construction of East 7th Street, a 60-unit affordable and supportive multifamily housing development in St. Paul, MN.
Dominium Acquires Land for The Mira to Develop 300 Affordable Apartment Homes in Orange County, FL
Dominium announced that it has acquired land in Apopka, FL for the development of The Mira.
KeyBank Secures $45M for Affordable Senior Housing in FL
KeyBank Community Development Lending and Investment (CDLI) provided $16 million in LIHTC equity for a new construction development – Oak Park Senior Living, an affordable housing community in Fort Myers, FL.
MassHousing Has Closed on $37.3M for the Development in Chicopee
MassHousing has closed on $37.3 million in affordable housing financing to the joint venture of Sydney Capital Group LLC and Brisa Builders Development LLC for the development of the Singing Bridge Residences on a vacant parcel adjacent to the Chicopee River in Chicopee.
Woda Cooper Companies, Inc. Celebrate Grand Opening of The Enclave on Main in Whitehall, OH
Woda Cooper Companies, Inc. and co-developer IMPACT Community Action hosted a grand opening and ribbon-cutting today for the 102-unit affordable housing community called The Enclave on Main at 3540 East Main Street in Whitehall.
KeyBank Provides $35M of Financing for New Affordable Housing in AZ
KeyBank Community Development Lending and Investment (CDLI) provided a $13.9 million construction loan and $21.4 million in LIHTC financing for the construction and rehabilitation of Miami Inspiration Housing in Miami, AZ.
KeyBank Provides $50.2M if Financing for the Construction of Two New Affordable Housing Properties in LA
KeyBank Community Development Lending and Investment (CDLI) provided $ 23.3 million in construction loans and invested $10.7 million in LIHTC financing, and KeyBank’s Commercial Mortgage Group also arranged $16.2 in Freddie Mac TEL permanent financing for the construction of two affordable multifamily housing projects in Los Angeles.
Woda Cooper Companies, Inc. Earns Management Company of Year and Three More Prestigious Awards at the SAHMA Conference
Woda Cooper Companies, Inc. was honored with four awards at the recent Southeast Affordable Housing Management Association (SAHMA) Affordable Housing Conference held in Louisville, KY, April 10-11, 2025, and hosted in partnership with Kentucky Housing Corporation (KHC).
Ulysses Development Group Closes Affordable Housing Community in Broomfield, CO
Ulysses Development Group (UDG) announced it has successfully closed on the construction and permanent financing of the Harvest Hill property, paving the way for construction of a new 152-unit affordable housing community in Broomfield, CO.