Hunt Capital Partners, in collaboration with Newcap Inc. and CVS Health, celebrated the grand opening and ribbon cutting for Trolley Station Terrace.
Cinnaire announced Sarah Greenberg has been appointed president, Cinnaire Lending.
Affordable Housing Advisors (AHA), a specialty group of Marcus & Millichap (NYSE: MMI) announced the sale of City View Apartments.
In agreement with Drexel Neighborhood Development Corporation, a nonprofit affiliate of Heartland Housing, Inc., Hunt Capital Partners (HCP) announced it has taken steps to guarantee the long-term affordability of a 39-unit property known as Jazz on the Boulevard in Chicago, IL.
JLL Capital Markets announced that it has welcomed Managing Director Danté Thomas to its affordable housing production team.
The D.C. Department of Housing and Community Development (DHCD) has provided financing to produce 130 new affordable housing units in Ward 8. According to the press release, the project received $29.9 million in financing from the Housing Production Trust Fund (HPTF) for the construction of Terrace Manor, a new four-story, 130-unit apartment building at 3301 23rd Street SE.
Vitus announced the completion of substantial renovations across the Thetford Portfolio, a group of seven properties totaling 560 units in six cities across North Carolina.
According to a recent press release, USA Properties Fund has started construction on Terracina at the Dunes, an affordable apartment community in Marina that will provide much-needed housing to residents that earn a range of incomes under a state program.
Merritt Community Capital announced it has closed Fund 23, the largest fund in the organization’s history at $178.6 million. Fund 23 currently finances nine projects, creating 729 affordable homes across California.
In partnership with Millenia Housing Development, Ltd., Hunt Capital Partners announced the closing of $19.8 million in Federal LIHTC equity financing for the rehabilitation of Sunset Village and Moore Manor.
MassHousing has closed on a total of $40.8 million in financing to Reed Community Partners LLC for the creation of Pac10 Lofts, a new, 180-unit affordable and workforce housing community in the Gateway City of Lawrence.
Hunt Capital Partners (HCP) announced the closing of $14.9 million in Federal LIHTC equity financing for the rehabilitation of Cielo Tower in El Paso, TX.