Member News
KeyBank Provides Financing for New Affordable Single-Family in Cleveland
KeyBank Community Development Lending and Investment (CDLI) invested $10.2 million of four percent Federal LIHTC Equity and provided a $7.9 million construction loan to finance the development of Henrietta Homes.
KeyBank Secures $34.3M for Affordable Senior Housing Community in Chicago
KeyBank Community Development Lending and Investment (CDLI) provided $34.3 million in construction and permanent financing through the HUD 221(d)(4) Mortgage Insurance program to facilitate the rehabilitation of six low-income apartment buildings in the South Shore of Chicago.
Hunt Capital Partners and Mile High Ministries Bring Affordable Housing to Denver
In collaboration with Mile High Ministries (MHM), Hunt Capital Partners (HCP) celebrated the grand opening and ribbon cutting of Clara Brown Commons.
FTK Construction Services Announces Completion of Blue Ridge Atlantic
FTK Construction Services announced that it has completed their first project for Blue Ridge Atlantic in Houston, TX.
CAHEC Staff Complete Over 1,300 Volunteer Hours in 2023
The Community Affordable Housing Equity Corporation (CAHEC) announced that their staff collectively performed 1,387 volunteer hours in 2023.
Berkadia Recognized as the Number One Freddie Mac Lender by Volume
Berkadia was recognized as the number one lender by volume in 2023, making it Freddie Mac’s top partner for the third consecutive year.
NAAHL Announces Sarah Brundage as President and CEO
The National Association of Affordable Housing Lenders (NAAHL) announced that Sarah Brundage will join the company as president and chief executive officer.
Cinnaire Launches Women’s Sustainable Development Initiative
Cinnaire collaborated with the Women’s Sustainable Development Initiative (WSDI), to address barriers to success for women in the commercial real estate development industry.
Colliers Structure Finance Group Announces Refinancing of Edgeway
The Colliers Structured Finance Group (SFG) has closed a $27,765,000 Fannie Mae loan for the refinancing of Edgeway, a 91-unit multifamily property in Bellflower, CA.
Dominium to Resyndicate Crossings at Cape Coral with $6.1 Million Renovation
Dominium announced the resyndication of Crossings at Cape Coral, a 168-unit family property in Cape Coral, FL. Dominium will renew the property’s affordable housing status while beginning a $6.1 million rehabilitation of the property.
Merchants Capital Announces Large Capital Raises
Merchants Capital announced large capital raises, including $506.7 million in fund investments closed across the firm’s multi-investor, proprietary and state credit offerings for the year ended Dec. 31, 2023.
WinnDevelopment Announces Financing for The Westcott
WinnDevelopment announced that it closed on financing for a 114-unit, mixed income, transit-oriented apartment community in Swampscott, MA, keeping construction on track for completion and occupancy by the middle of 2025.