Member News
KeyBank Provides $83M of Financing for Affordable Housing Property in Texas
KeyBank Community Development Lending and Investment (CDLI) KeyBank provided $83 million for the acquisition and rehabilitation of Woodway Square Apartments (Woodway), a 240-unit, affordable, family project located in Austin, TX.
Merchants Capital New York Secures $25.9MM+ for Renovation of Section 8 Property in San Juan, Puerto Rico
The New York office of Merchants Capital announced it has secured more than $25.9 million for the renovation and upgrade of Mirador Las Casas, a Section 8 and LIHTC multifamily development located in San Juan, Puerto Rico.
Hunt Capital Partners Invests $6.15 Million in LIHTC Financing for the Rehabilitation of Century Old Louisiana Affordable Housing Development Government Corridor
In collaboration with nonprofit organization Gulf Coast Housing Partnership, LLC (GCHP), Hunt Capital Partners announced the closing of $6.15 million in Federal LIHTC equity financing for Government Corridor, a 103-year-old affordable housing development located in Baton Rouge, LA.
Merchants Capital Partners with Scannell Properties on Premier Market-Rate Property
Merchants Capital announced it has secured financing for the development of The Farm, a class A, market-rate property located in Zionsville, IN.
Heritage Consulting Group Announces New Project Manager
Heritage Consulting Group announced it has hired a new project manager, Caitlin Herrnstadt.
$18.239M in Financing Secured for Affordable Multi-Housing Community in Indiana
JLL Capital Markets announced that it has arranged the $18.239 million acquisition financing for Cambridge Estates, a 358-unit, garden-style affordable apartment community in Lafayette, IN.
LDG Celebrates Opening the Hollows to Help Replace Units Lost During Hurricane Harvey
The Harris County Housing Authority (HCHA) and LDG Development gathered with political, community and business leaders to celebrate the opening of The Hollows—a 192 affordable housing development that is replacing housing lost during Hurricane Harvey and is in the Channelview community.
POAH Tapped for Redevelopment of St. Louis’ Oldest Public Housing Project
Following years of discussion about the future of St. Louis’ oldest public housing site, Preservation of Affordable Housing Inc. (POAH) has been selected as lead developer of the Clinton-Peabody Apartments.
McCormack Baron Announces the Retirement of Hillary Zimmerman, President, MBS Asset Management and SVP & General Counsel
Hillary Zimmerman, president of McCormack Baron Asset Management and senior vice president and general counsel of McCormack Baron, will retire March 31, the company announced.
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.