Member News
Merchants Capital Partners with Scannell Properties on Premier Market-Rate Property
Merchants Capital announced it has secured financing for the development of The Farm, a class A, market-rate property located in Zionsville, IN.
$18.239M in Financing Secured for Affordable Multi-Housing Community in Indiana
JLL Capital Markets announced that it has arranged the $18.239 million acquisition financing for Cambridge Estates, a 358-unit, garden-style affordable apartment community in Lafayette, IN.
LDG Celebrates Opening the Hollows to Help Replace Units Lost During Hurricane Harvey
The Harris County Housing Authority (HCHA) and LDG Development gathered with political, community and business leaders to celebrate the opening of The Hollows—a 192 affordable housing development that is replacing housing lost during Hurricane Harvey and is in the Channelview community.
Heritage Consulting Group Announces New Project Manager
Heritage Consulting Group announced it has hired a new project manager, Caitlin Herrnstadt.
Lument Closes $17.4M Fannie Mae Refinance for Affordable Housing Community in Austin
Lument announced the closing of a $17.4 million Fannie Mae affordable loan to refinance Riverside Meadows, a 240-unit multifamily community in Austin, TX.
POAH Tapped for Redevelopment of St. Louis’ Oldest Public Housing Project
Following years of discussion about the future of St. Louis’ oldest public housing site, Preservation of Affordable Housing Inc. (POAH) has been selected as lead developer of the Clinton-Peabody Apartments.
McCormack Baron Announces the Retirement of Hillary Zimmerman, President, MBS Asset Management and SVP & General Counsel
Hillary Zimmerman, president of McCormack Baron Asset Management and senior vice president and general counsel of McCormack Baron, will retire March 31, the company announced.
Holladay Ventures Hosts Successful Hard Hat Tour Fundraiser for Local Nonprofit’s New Space
On the first anniversary of breaking ground at the Shelby House and Samaritan Recovery Community (SRC) development, Holladay Ventures announced the success of the Hard Hat Tour Fundraiser it hosted for supporters, investors and local officials.
Standard Communities Acquires Canton Estates Apartments in Massachusetts
Standard Communities announced that it has acquired Canton Estates Apartments, a naturally occurring affordable housing family community in Canton, MA.
Lument Adds Jennifer Athas to Its Real Estate Investment Sales Team
Lument announced the hiring of Jennifer Athas as managing director of real estate investment sales.
WinnDevelopment Selected for $500M Jersey City Public Housing Redevelopment
The Jersey City (NJ) Housing Authority (JCHA) unanimously selected WinnDevelopment to redevelop the 80-year-old Holland Gardens public housing complex into a model mixed-income, mixed-finance and mixed-use community.
Merchants Capital Provides Record $8.95 Billion in Debt Financing in 2022
Merchants Capital announced it closed a record $8.95 billion in debt production in 2022, surpassing the previous record of $7 billion set in 2021.