Member News
Hunt Capital Partners Finances Oregon Affordable Housing Development with Strong Environmental and Social Impact
In collaboration with the Northeast Oregon Housing Authority and Community Development Partners Oregon, LLC, Hunt Capital Partners announced the closing of $15.7 Million in Federal LIHTC and solar investment tax credit ITC equity financing for the new construction of Timber Ridge Apartments.
MassHousing Closes on $8.5 Million in Financing for the Final Phase of the Woodland Cove Affordable Rental Housing Community in Wareham
MassHousing has closed on $8.5 million in affordable housing financing to Dakota Partners, Inc., to support the final phase of development of the Woodland Cove housing community in Wareham.
USA Properties Fund Starts Construction on Terracina at Whitney Ranch
USA Properties Fund announced it has started construction on Terracina at Whitney Ranch, an affordable apartment community in Rocklin that will provide much-needed housing to residents, from early-in-their career teachers and hard-working couples with children saving for their first home to retirees living on a fixed-income.
Arch Communities and WinnCompanies Transform Historic School in Massachusetts into 55+ Senior Housing
Arch Communities and WinnCompanies celebrated the completion of a $25.7 million adaptive reuse project to transform a 106-year-old historic school building in Southbridge, MA, into 62 apartments for seniors ages 55 and older.
Hunt Capital Partners Facilitates $8.95 Million LIHTC Investment to Finance Phase II of Massachusetts Affordable Housing Development
Hunt Capital Partners announced the closing of $8.95 Million in Federal LIHTC equity and $2.11 Million of State LIHTC equity financing for the second phase of construction of Woodland Cove Apartments.
Green Joins CohnReznick as Commercial Real Estate Tax Partner
CohnReznick LLP announced that Arkadiy (Eric) Green, CPA,has joined the firm as a tax partner in its Commercial Real Estate practice.
Cinnaire Joins CPC Mortgage Company to Form the Industry’s Only Impact-Driven Multifamily Mortgage Lender
Cinnaire announced that it has closed on an ownership position in CPC Mortgage Company, a national mortgage lending company specializing in multifamily agency finance products.
WinnCompanies Completes $49.3 Million Rehab of Historic Apartment Community after Extending Affordability for 45 Years
WinnCompanies celebrated the completion of an extensive $49.3 million rehabilitation project to repair and modernize a 284-unit affordable housing community built inside the historic former leather tannery that helped make Peabody, MA, a worldwide hub for leather manufacturing in the early 1900s.
Churchill Stateside Group Closes a record $42.6 Million USDA Rural Development 538 Loan in Flagler Beach, FL
Churchill Stateside Group, LLC (CSG) announced the closing of financing for a new-construction workforce housing project in Flagler Beach, FL. Preserve at Flagler will consist of 240 units catering to family tenancy.
KeyBank Provides $74M of Financing for Affordable Housing Property in Ohio
KeyBank Community Development Lending and Investment (KeyBank) is providing $74 million of financing to help Indianapolis-based Kittle Property Group develop a new affordable housing community in Columbus, OH.
Dakota Partners Celebrates Grand Opening of Depot Village
Dakota Partners announced the official grand opening of Depot Village at 171 Phillips St in Hanson, MA.
Merchants Capital Adds Chief Architect to Team
Merchants Capital announced that Margaret Lehto has joined the firm as chief architect.