Member News
Merchants Capital Announces Financing for Permanent Supportive Housing
Merchants Capital announced that they provided financing for Launchpad Apartments, a new permanent supportive housing property in Colorado Springs.
Woda Cooper Companies Announces Grand Opening of Haven Crossing
Woda Cooper Companies, Inc. and co-developer Housing Services Alliance hosted a grand opening and ribbon-cutting at the new 57-unit Haven Crossing located at 12800 Towne Center Drive in Walton, KY.
Beacon Communities Featured in Boston Globe
Beacon Communities was featured in a December article in the Boston Globe “A Miracle on Clarendon Street: How a Back Bay Building Became Apartments for Homeless People.”
Cinnaire Announces Award from Federal Home Loan Bank
Cinnaire announced that an award from the Federal Home Loan Bank totaling $5 million will allow them to support five affordable housing projects in the Midwest, including the acquisition, rehabilitation and construction of 269 units.
JLL Capital Markets Announces Financing for Booth Residences
JLL Capital Markets announced that it arranged $11 million in financing for Booth Residences, a 150-unit affordable housing property, located at 6000 Townevista Drive in Cincinnati, OH.
Merchants Capital Announces Securitization of $17.4 Million in LIHTC
Merchants Capital announced the securitization of $17.4 million in LIHTC equity financing for the construction of a new affordable senior property in Fort Wayne, IN.
Dominium to Host Groundbreaking for Creekridge on the Park Development
Dominium announced that it will celebrate the groundbreaking of the Creekridge on the Park affordable housing development in Charlotte, NC on November 29.
Hunt Capital Partners Announces Transfer of Ownership of Maine Property
Hunt Capital Partners (HCP) announced the transfer of ownership of Northside Family Housing in Bangor, ME, to Penquis Development, an affiliate of Penquis.
MassHousing Closes on $7.55 Million in Financing for the Renovation of Prospect Estates
MassHousing announced that it closed on $7.55 million in affordable housing financing to (AHSC) for the acquisition and renovation of the 25-unit Prospect Estates in Webster.
Merchants Capital Provides $225 Million for Rehab of Seven Affordable Properties in the Bronx
Merchants Capital announced that it provided more than $225 million in funding to support extensive refinancing and rehabilitation for a Union Avenue Consolidated project in Bronx, NY.
WinnDevelopment Announces Groundbreaking for $55.3 Million Project in Western Massachusetts
WinnDevelopment announced that they broke ground on a $55.3 million adaptive reuse transformation of a long-vacant, historic mill complex that will be transformed into 88 affordable apartment homes for seniors ages 55 and older in Massachusetts.
Merchants Capital Provides $184 Million in Refinancing for Midwest Workforce Housing Properties
Merchants Capital announced that it secured a total of $184 million in Merchants direct seven-year loans for the refinancing of seven separate workforce housing properties located within Indiana, Kentucky and Ohio.