Member News

Merchants Capital announced it has provided more than $77 million in financing for the development of Soul, an affordable, mixed-use development in Saint Paul, MN.

KeyBank Community Development Lending and Investment (CDLI) provided a $100 million bridge loan to Fairfield, a multifamily owner/investor based in San Diego, CA, for Villages at Marley Station, an apartment community located in Glen Burnie, MD.

MassHousing has provided $13.5 million in affordable housing financing to a joint venture consisting of Schochet Companies (Schochet) and Jonathan Rose Companies (Rose) for the preservation of affordability, property renovations and the enhancement of resident services at the 199-unit Riverside Towers for the elderly in Medford.

The Community Builders announced that Garfield Park Rite to Wellness collaborative was announced the winner of the Pritzker-Traubert 2022 Chicago Prize.

Dominium announced that Todd Urness, shareholder and attorney at Winthrop and Weinstine, has been named general counsel for Dominium.

JLL Capital Markets announced that it has arranged the $18.82 million loan from The Amazon Housing Equity Fund for the construction of Harpeth Valley Apartments, a garden-style, 251-unit, mid-rise affordable housing development located in Nashville, TN.

Applegate & Thorne-Thomsen announced that Daniel Kraft has joined the partnership effective Jan. 1, 2023.

KeyBank Community Development Lending and Investment (CDLI) provided a $31.875 million construction loan and a $10.9 million bridge loan to USA Properties Fund, Inc. for the construction of an affordable housing property in La Mesa, CA, (8181 Allison Apartments) according to a press release.

M&T Realty Capital Corporation® (M&T RCC) announced that Sandy DeFelice has been named FHA platform manager. In her new role Sandy will be responsible for overseeing and managing FHA opportunities and growing the M&T RCC FHA program.

Tiber Hudson LLC announced Jonathan H. Peyton as a member of the Washington, DC-based law firm.

Hunt Capital Partners, in partnership with developer Envolve Communities LLC, announced the closing of $4.8 million in Federal LIHTC equity financing for the acquisition and rehabilitation of Logan’s Pointe, a current Texas development offering 100 affordable homes for families earning up to 50 and 60 percent of the area median income.

M&T Realty Capital Corporation® provided a $21,590,000 bridge loan for NB Affordable’s acquisition of a 337-unit affordable housing property located in Athens, OH.