Member News

KeyBank Community Development Lending and Investment provided a $27.3 million construction loan on behalf of the Housing Authority of Salt Lake City to finance the rehabilitation and new construction of a PSH and a subsidized apartment community in Salt Lake City. KeyBank’s Commercial Mortgage Group also arranged permanent financing with a $16 million Freddie Mac 9% LIHTC forward commitment. […]

Lument announced the closing of a $53.1 million balance sheet loan to facilitate the refinance and lease-up of South Bank at Quarry Trails, a 266-unit luxury multifamily community built in 2025 in Columbus, Ohio.

Preservation of Affordable Housing (POAH) will begin renovations at Corcoran Place Apartments, a 94-unit affordable senior housing community on Chicago’s West Side, after closing $39.6 million in financing in late December. Financing for the rehabilitation is supported by tax-exempt bonds, LIHTC, and additional loans from Illinois Housing Development Authority. The development also received $5.58 million in federal Green and Resilient Retrofit Program (GRRP) funding […]

WinnDevelopment secured financing for construction of a $44 million mixed-use community, the Residences at Belvedere Place, which will bring 83 units of affordable rental housing and small business commercial space to the Park Heights Community in Northwest Baltimore. 

ION Water and Meta launched a water conservation initiative that deploys ION’s End-to-End Water Management System across affordable housing properties in the Brazos River Watershed to reduce leak-driven water waste, conserve an estimated 26 million gallons of water over five years, lower operating costs for residents and property operators, support Meta’s 2030 Water Positive commitment tied to its Temple, […]

Dominium promoted six-year company veteran David D’Amelio to Developer, a role in which he will oversee new project development, acquisitions and financing as the company continues its expansion into high-need affordable housing markets. 

Raymond James hired veteran multifamily housing finance professional, Greg Goldberg, as director to lead coverage for multifamily housing clients in the western United States.

CohnReznick announced that Kevin McNally has joined the firm as a tax partner in its Commercial Real Estate practice. Based in Orlando, McNally will support the expansion of the firm’s real estate practice in Florida, focusing on the central part of the state. 

Dominium celebrated the groundbreaking of the Turquoise Trail development, providing 312 homes (13 three-story buildings containing 120 two-bedroom, 132 three-bedroom, and 60 4-bedroom units) in the City of Santa Fe, New Mexico.  

Cinnaire announced the appointment of Josh Ghena as President of Cinnaire Equity Partners following his tenure as Interim President, during which he led the firm’s LIHTC syndication efforts and helped close more than $1.8 billion in equity financing, supporting 14,501 affordable housing units across the Midwest and Mid-Atlantic.

Beacon Communities started construction on The Homes at Avon Park, the first phase of a redevelopment of an underutilized office park that will deliver a 100-unit mixed-income community with one- and two-bedroom apartments, including 85 affordable homes serving households at 25%, 50%, and 80% AMI, 15 market-rate units, and 22 apartments supported by rental assistance […]

Lument announced the closing of a $70 million FHA Section 223(f) MAP loan to refinance a large affordable multifamily community in Miami, featuring a fixed interest rate with a 35-year term and amortization. The project is a RAD conversion that will transition the property to a 20-year Section 8 HAP contract with market-based rents.