KeyBank Community Development Lending and Investment (CDLI) and KeyBank Real Estate Capital (KBREC) provided $49 million of financing for Columbia Residential (Columbia), a partner of the Tallahassee Housing Authority, to construct an affordable housing property in Tallahassee, FL. C
Standard Communities announced it has acquired controlling interest in an affordable housing portfolio of nearly 3,200 units in Florida and Georgia.
Hunt Capital Partners, in collaboration with Central Illinois Services (CIS), a nonprofit affiliate of the Menard County Housing Authority, and Windsor Development Group, announced the closing of $9 million in Federal LIHTC equity financing for the acquisition and rehabilitation of Lukin’s Landing.
During its 22nd year in affordable housing, CREA, LLC’s focus on purpose served as a catalyst for greater social and community impact.
KeyBank Community Development Lending and Investment (CDLI) announced that it provided $10.6 million to Rochester’s Cornerstone Group, Ltd. for the acquisition and rehabilitation of Silver Lake Meadows, a 52-unit, fully subsidized family project in rural Perry, NY.
Beacon Communities announced Justin Babineaux has joined Beacon as associate general counsel of Property Management.
Leading financial services provider Merchants Capital announced it has provided approximately $90 million in construction, permanent financing and LIHTC equity for the development of Solana Villas, a Federal LIHTC community to be built in Buckeye, AZ near Phoenix.
CREA, LLC welcomes Mindy Rex as managing director, originations.
USA Properties Fund announced it has started construction on Mainline North, an affordable apartment community in Santa Clara that will provide much-needed workforce housing and help transform the neighborhood near Levi’s Stadium.
FTK Construction Services has been awarded the contract for the rehabilitation of The Park at Humble Apartments.
The Community Builders (TCB) announced that Jesse Batus will serve as regional vice president for real estate development in New York/New Jersey.
Woda Cooper Companies, Inc. announced three updates in the company’s leadership.