Member News
Historic Votes Pave Way for Related California and Mercy Housing to Create Mixed-Income Housing
The chronically under-serviced and isolated Sunnydale neighborhood is on the cusp of a long-awaited rejuvenation following a San Francisco Board of Supervisors’ vote authorizing the phased redevelopment of the Sunnydale public housing site. The existing 778 public housing units will be replaced in phases with up to 1,700 units of mixed-income housing, ranging from very low to market rate.
Partner Andrew Potts Returns to Nixon Peabody After Serving as Executive Director of US/ICOMOS
Nixon Peabody is excited to announce that tax credit finance and syndication partner Andrew S. Potts has returned to the firm’s Washington DC office after a 24-month sabbatical.
Woda Group’s Willoughbeach Terrace Earns LEED Gold Certification
Willoughbeach Terrace has earned LEED Gold Certification from the US Green Building Council (USGBC). Willoughbeach Terrace is a new 50-unit affordable senior community located on the waterfront of Lake Erie in Willowick, OH, about 17 miles northwest of Cleveland.
MassHousing Partners with Madison Park CDC, POAH, JCHE, Others to Preserve 4 Affordable Senior Housing Projects
Senior citizens living in four affordable housing communities in Boston, Framingham, Newton and New Bedford will see the preservation of affordability and extensive property renovations as a result of $102.7 million in MassHousing financing.
RED Capital and The Michaels Organization Close RAD Deal in Philadelphia
Courtyard at Riverview in Philadelphia required a $31.75M FHA Section 221(d)(4) loan and $39.73M of tax-exempt bonds for the rehabilitation of Courtyard at Riverview in Philadelphia, PA.
Conifer Announces Betty Perry as new RVP for Property Management on Long Island
Ms. Perry brings over 20 years of experience overseeing a diversified portfolio of mixed use properties.
The Woda Group Announces Construction of Mixed-Use, Mixed Income Development in East Point, GA
It is one of the first affordable housing developments in the area projected to earn the LEED Gold certification by the U.S. Green Building Council.
The Woda Group Announces Construction of Senior Community in Circleville, OH
The project was made possible with state housing tax credits as well as historic tax credits.
Lancaster Pollard Housing Group Expands Presence in Mid-Atlantic and Northeast
Lancaster Pollard’s housing group has announced that Adam Diehl will expand his territory in the mid-Atlantic and Northeast regions to cover a total of nine states. Diehl was promoted to vice president in early 2016.
Dominium Promotes Owen Metz to Vice President and Project Partner
Metz will be responsible for originating and overseeing new project development, financing and acquisitions.
Greystone’s Seniors Housing Lending Team Closes $204 Million in Financing in Q4 2016
The $204,701,800 in capital represents a variety of financing platforms, including Agency loans, debt placement with national banks, and mezzanine financing for both acquisition, refinancing and new construction of 1,699 total seniors housing and multifamily units.
Enterprise Advisors Expands Service to Public Housing Agencies
Enterprise Advisors will partner with PHAs, offering a range of organizational, programmatic, technical assistance and financial services