Member News
KeyBank Provides $10.6M for Affordable Housing in Perry, NY
KeyBank Community Development Lending and Investment (CDLI) announced that it provided $10.6 million to Rochester’s Cornerstone Group, Ltd. for the acquisition and rehabilitation of Silver Lake Meadows, a 52-unit, fully subsidized family project in rural Perry, NY.
Justin Babineaux Joins Beacon Communities as Associate General Counsel of Property Management
Beacon Communities announced Justin Babineaux has joined Beacon as associate general counsel of Property Management.
Merchants Capital Secures Construction, Permanent Financing and LIHTC Equity for Affordable Housing Community in Arizona
Leading financial services provider Merchants Capital announced it has provided approximately $90 million in construction, permanent financing and LIHTC equity for the development of Solana Villas, a Federal LIHTC community to be built in Buckeye, AZ near Phoenix.
Mindy Rex Joins CREA as Managing Director, Originations
CREA, LLC welcomes Mindy Rex as managing director, originations.
USA Properties Fund Starts Construction to Provide Much-Needed Workforce Housing
USA Properties Fund announced it has started construction on Mainline North, an affordable apartment community in Santa Clara that will provide much-needed workforce housing and help transform the neighborhood near Levi’s Stadium.
Woda Cooper Companies, Inc. Announces Three Leadership Updates
Woda Cooper Companies, Inc. announced three updates in the company’s leadership.
Beacon Communities Hires Christopher Reed as President, Beacon Residential Management
Beacon Communities announced it has hired Christopher Reed as president of Beacon Residential Management, Beacon’s property management company.
FTK Awarded $12 MM Contract for The Park at Humble Rehab
FTK Construction Services has been awarded the contract for the rehabilitation of The Park at Humble Apartments.
The Community Builders Names Jesse Batus Regional VP for Real Estate Development
The Community Builders (TCB) announced that Jesse Batus will serve as regional vice president for real estate development in New York/New Jersey.
Merchants Capital New York Sets Office Record with $1.3BB+ Financed in 2022
Merchants Capital announced the firm has set a record-breaking year with its debt production, totaling approximately $1.3 billion in 2022.
Tiber Hudson Ranks No. 1 Underwriter’s and Bond Purchaser’s Counsel for Multifamily Bond Issues
For the fifth year in a row, law firm Tiber Hudson LLC has been named the No. 1 underwriter’s and bond purchaser’s counsel in the nation by Refinitiv, based on the number of multifamily bond issues closed in 2022.
Hunt Capital Partners Commits $15.8M in LIHTC Financing for 151-Unit All-Electric Denver Development
Hunt Capital Partners, in collaboration with Lexton McDermott and the Kentro Group, announced the closing of $15.8 million in Federal LIHTC equity financing for the new construction of Krisana Apartments.