Member News
MassHousing Closed $22M in Financing for Redevelopment of Two Former Salem School Buildings into 61 New Affordable Rental Homes
MassHousing has closed on $22 million in financing to North Shore Community Development Coalition (NSCDC) for the redevelopment of two former school buildings near downtown Salem into 61 new affordable rental homes for residents with a range of incomes.
USA Properties Opens Terracina at The Dunes in Marina, CA
USA Properties Fund has completed Terracina at The Dunes on the former Fort Ord Base in Marina, CA.
Lument Arranges $45.5M Loan for Multifamily Property in Florida
Lument placed a $45.5 million bridge loan to facilitate the lease-up and stabilization of the Reserve at Temple Terrace, a 290-unit, ten-building multifamily community in Temple Terrace, FL.
Lument Closes $21.5M in Bonds to Finance Affordable Multifamily in North Dakota
Lument Securities announced it has facilitated the closing of $21.5 million tax-exempt and taxable bonds to fund the construction and long-term financing of Lashkowitz Riverfront, a 110-unit, affordable multifamily apartment community in Fargo, ND.
Woda Cooper Companies Breaks Ground on Juniper Crossing
Woda Cooper Companies, Inc. hosted a groundbreaking ceremony to celebrate the beginning of construction on the two-phased Juniper Crossing, an affordable senior housing community on Columbus’ far south side.
USA Properties Fund Completes College Creek, an Affordable Apartment in Santa Rosa
USA Properties Fund announced it has opened College Creek, an apartment community that offers much-needed housing for residents that earn a wide range of income levels in Santa Rosa.
Merchants Capital Secures $100M for TX-based Affordable Housing Development
Merchants Capital announced that it secured more than $100 million in debt and equity proceeds for the acquisition and rehabilitation of Travis Park Apartments, an affordable housing development in Austin, TX.
KeyBank Invests $20M to Combat Inequality in Housing in Cleveland, OH
KeyBank Invests $20 million to combat inequality in housing in Cleveland, OH.
CIS Gets Approval to Develop First Senior Affordable Housing in Hoboken in over 30 Years
Community Investment Strategies Inc (CIS) has received unanimous approval from the Hoboken Zoning Board of Adjustment to develop 36 deed-restricted senior affordable housing units at 1033 Willow Ave in Hoboken.
Woda Cooper and Project for Pride in Living Cut Ribbon at Shelby Commons in Minneapolis
Woda Cooper Companies, Inc. and Project for Pride in Living, co-developers of the highly anticipated North Loop affordable housing community, Shelby Commons, hosted a ribbon-cutting celebration to highlight the new housing community that offers 46 new affordable rental homes for families and individuals in Minneapolis’ North Loop neighborhood.
Woda Cooper Companies, Inc. Adds Two New Development Officers
Woda Cooper Companies, Inc. announced that Malik Jordan has joined Woda Cooper Companies, Inc. as senior vice president – development, and Jared Miller as vice president – development.
Standard Communities Makes First Investment in Michigan with Ground Up Affordable Community in Kalamazoo
Standard Communities announced it is making its entry into Michigan, in a joint venture with River Caddis Development participating in a public-private partnership creating a ground-up affordable community in Kalamazoo.