Member News
Cinnaire Closes $145M in Committed Capital for Development of Affordable Housing in Five States
Cinnaire announced the closing of a $145 million LIHTC equity fund that will finance the development or preservation of more than 1,600 affordable homes in five states. Nineteen investors are participating in the fund.
JLL Capital Markets Welcomes Jillian Grzywacz to the Affordable Housing Production Team
JLL Capital Markets announced that it has welcomed Senior Director Jillian Grzywacz to its affordable housing production team.
Dominium Hires Jen Densmore as Director of Talent Acquisition
Dominium announced that it has hired Jen Densmore to serve as its director of Talent Acquisition.
Dominium’s Team and Portfolio Grew in 2021
Dominium announced the advancement of 210 employees during 2021.
Dakota Partners Celebrates Grand Opening of Huntington Village
Dakota Partners announced it celebrated the official grand opening of Huntington Village in Newport News, its first multifamily community in Virginia.
The Community Builders Children Thrive Initiative Selected for National Evaluation of Social Determinants of Health
The National Association of County and City Health Officials (NACCHO) and the Association of State and Territorial Health Officials (ASTHO) recently selected The Community Builders Cincinnati’s (TCB) award-winning Avondale Children Thrive (ACT) Initiative to be part of a national evaluation of the social determinants of health.
Pennrose Welcomes Shannon Cox Baker as Regional Vice President, Moutain Region
Pennrose announced Shannon Cox Baker has joined as regional vice president to lead the company’s development activities in the states of Colorado, Arizona, and Utah with a regional office in Boulder, CO.
JLL’s Valuation Advisory Group Forms Dedicated National Affordable Housing Practice
Due to the strong demand for affordable rental units in the U.S., JLL’s Valuation Advisory group announced that it has formed a dedicated, specialized national affordable housing practice and promoted Managing Directors Chip Ard and Andrea Gillman to co-lead the group.
USA Properties Fund Expands into Oregon with The Canopy Apartments in Portland
USA Properties Fund announced its partnership with Oregon Housing and Community Services and Northwest Housing Alternatives on The Canopy Apartments in Portland, OR.
Merchants Capital New York Provides $104MM+ for Historic Affordable Property in Harlem
Merchants Capital announced it has has provided more than $104 million in financing for Harlem River Houses and the adjacent Harlem River II Campus, collectively known as Harlem River Houses I and II.
Dominium Announces First Affordable Housing Development in South Carolina
Dominium announced the closing of the land sale to construct Haven at Congaree Pointe, a new affordable senior housing development.
Merchants Bancorp Takes First Place in US Bank Performance Ranking for 2021
Merchants Bancorp announced it has been recognized as the best-performing bank in the country according to the 2021 S&P Global Market Intelligence Ranking, an annual ranking that assesses the performance of community banks and credit unions across the nation.