Latest News

1.27.21 Members Making News
From Connect Washington, DC: Michigan-based commercial real estate finance company Red Oak Financial has provided a $2.8 million loan for Hunt Manor, a 15-unit apartment community in Washington D.C.’s Deanwood area. The financing was used to acquire the asset and provide capital improvements that...
1.27.21 Members Making News
From The Boston Globe: The long-planned remake of Charlestown’s Bunker Hill public housing complex could start later this year after the Boston Planning & Development Agency board approved zoning for a 2,700-unit mixed-income apartment and condominium development to replace 1,100 aging low-...
1.27.21 Members Making News
From Connect Chicago: KeyBank secured $86.8 million of capital for PIRHL to acquire and renovate Crosswinds Village, a 232-unit apartment community in Columbus, OH. The borrower is a real estate development and construction firm based in Cleveland that specializes in affordable and...
1.27.21 Members Making News
From Jamaica Plain News: Construction recently started on the new Holtzer Park housing development which will include 62 new affordable rental units in Jackson Square. The development is part of the Boston Housing Authority’s (BHA) 125 Amory Street redevelopment. The project is a joint...
1.13.21 Members Making News
From Affordable Housing Finance: A major affordable housing redevelopment project reached another milestone with the closing on financing for 178 Warburton at The Ridgeway, a new $56 million mixed-income complex of 81 apartment homes in Southwest Yonkers, New York. One of the largest affordable...
1.13.21 Members Making News
From Real Estate Weekly: The New York City Housing Authority (NYCHA), New York City Department of Housing Preservation and Development (HPD) and the New York City Housing Development Corporation (HDC) announced today the closing of Twin Parks Terrace, a 182-units affordable housing development in...
1.13.21 Members Making News
From the St. Thomas Source: The cutting of a ribbon on Thursday to celebrate the reconstruction of a senior center on St. John had significance beyond that of an obligatory civic ritual. More than three years after the devastating storms of 2017, Thursday’s event represents the culmination of...
1.13.21 Members Making News
From the Washington Post: More than 200 apartments, including 56 three- or four-bedroom family-size residences, will be part of the first phase of a planned mixed-use, mixed-income development called Northwest One in the District’s NoMa neighborhood. Construction began last month on the...
1.13.21 Members Making News
From the Yakima Herald: Justice Housing Yakima has taken another step in building Cottage Hill Village, a tiny homes project to house the homeless. And the Yakima Housing Authority is helping make it happen. Two years ago, Justice Housing agreed to buy 3.34 acres near Milroy Park to build...
1.13.21 Members Making News
From the Seattle Times: Amazon will direct $2 billion in loans and grants to secure affordable housing near three American cities where the company employs thousands of workers, the tech giant announced Wednesday. In a first step in the Puget Sound region, Amazon is promising $185.5 million,...

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