Member News
Holladay Ventures Hosts Successful Hard Hat Tour Fundraiser for Local Nonprofit’s New Space
On the first anniversary of breaking ground at the Shelby House and Samaritan Recovery Community (SRC) development, Holladay Ventures announced the success of the Hard Hat Tour Fundraiser it hosted for supporters, investors and local officials.
Standard Communities Acquires Canton Estates Apartments in Massachusetts
Standard Communities announced that it has acquired Canton Estates Apartments, a naturally occurring affordable housing family community in Canton, MA.
Lument Adds Jennifer Athas to Its Real Estate Investment Sales Team
Lument announced the hiring of Jennifer Athas as managing director of real estate investment sales.
WinnDevelopment Selected for $500M Jersey City Public Housing Redevelopment
The Jersey City (NJ) Housing Authority (JCHA) unanimously selected WinnDevelopment to redevelop the 80-year-old Holland Gardens public housing complex into a model mixed-income, mixed-finance and mixed-use community.
Merchants Capital Provides Record $8.95 Billion in Debt Financing in 2022
Merchants Capital announced it closed a record $8.95 billion in debt production in 2022, surpassing the previous record of $7 billion set in 2021.
KeyBank Provides $49M of Financing for Affordable Housing Construction in Florida
KeyBank Community Development Lending and Investment (CDLI) and KeyBank Real Estate Capital (KBREC) provided $49 million of financing for Columbia Residential (Columbia), a partner of the Tallahassee Housing Authority, to construct an affordable housing property in Tallahassee, FL. C
Standard Communities Completes its Largest Acquisition, Bringing 3,200 Affordable Units into its Portfolio
Standard Communities announced it has acquired controlling interest in an affordable housing portfolio of nearly 3,200 units in Florida and Georgia.
Hunt Capital Partners Closes LIHTC Financing to Rehabilitate 74-Unit Family and Special Needs Illinois Development
Hunt Capital Partners, in collaboration with Central Illinois Services (CIS), a nonprofit affiliate of the Menard County Housing Authority, and Windsor Development Group, announced the closing of $9 million in Federal LIHTC equity financing for the acquisition and rehabilitation of Lukin’s Landing.
Mindy Rex Joins CREA as Managing Director, Originations
CREA, LLC welcomes Mindy Rex as managing director, originations.
CREA Gains Depth in 2022 by Scaling Business and Social Impact
During its 22nd year in affordable housing, CREA, LLC’s focus on purpose served as a catalyst for greater social and community impact.
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.