Member News
MacRostie Historic Advisors Acquired by Ryan
MacRostie Historic Advisors (MHA) announced its acquisition by Ryan, a leading global tax services and software provider.
Tapestry Closes Two Deals
Tapestry announced it closed two projects—South Oak Apartments and Highland Terrace II—in the second half of 2021 with the help of development partner, Vizion Driven Communities.
Militello Joins Fairstead as Senior Director
Fairstead announced that Michelle Militello has joined the company as senior director, affordable asset management, where she is focusing on structuring and growing the affordable team to match the company’s pace of development.
Local Nonprofit Partners with Two Development Companies to Create Mixed-Use Community
Local nonprofit Samaritan Recovery Community said it has partnered with Holladay Ventures and Evergreen Real Estate to create Shelby House, a redevelopment project consisting of a mix-use of 484 affordable housing units, including a 71,000 square-foot recovery services center for the nonprofit in Nashville, TN.
The Architectural Team Names Three New Associates
The Architectural Team (TAT) has announced promotions for three longstanding senior team members.
The Michaels Organization Completes Sale of Three Student Living Assets
The Michaels Organization announced it has completed the sale of three purpose-built student living properties, two in New York, and one in Texas.
Dakota Partners Completes Hanson’s First Family-Affordable Housing Community
Dakota Partners said it recently completed construction on Depot Village in Hanson, MA, delivering the first family-affordable housing development to this area.
Dominium Re-syndicates Florida, Texas Properties
Dominium announced it has acquired The Crossings at Cape Coral, an affordable housing development in Cape Coral, FL.
Standard Communities Leads Public-Private Partnership to Acquire California Property
Standard Communities said it has led a public-private partnership that acquired The Crescent at West Hollywood Apartments, a 130-unit community in Los Angeles, utilizing California’s innovative public-private partnership structure designed to facilitate the creation of middle-income housing.
KeyBank Provides $70 Million for Affordable Housing Community in Florida
KeyBank Community Development Lending and Investment and KeyBank Real Estate Capital announced it provided $69.7 million of capital for the redevelopment of Jordan Park Apartments in St. Petersburg, FL, by Norstar Development USA-CDL, an affordable housing developer headquartered in Buffalo, NY, and the St. Petersburg Housing Authority.
Course: Affordable Housing Fundamentals and Frontiers
Harvard University Graduate School of Design will present an immersive, four-part course February 14-18 on affordable housing as a distinctive real estate asset class, applicable in every country in the world, that rewards specialist entrepreneurship by people and entities that can truly deliver a double-bottom-line value proposition: better living situations for deserving households alongside economically profitable and sustainable properties.
Dakota Completes First Affordable Housing Community in Hudson, NH
Dakota Partners said it has completed construction on the first phase of Friars Court, delivering Hudson, NH, its first and only affordable housing community.