Member News

The Michaels Organization announced it has completed the sale of three purpose-built student living properties, two in New York, and one in Texas.

Dakota Partners said it recently completed construction on Depot Village in Hanson, MA, delivering the first family-affordable housing development to this area. 

Dominium announced it has acquired The Crossings at Cape Coral, an affordable housing development in Cape Coral, FL.

Standard Communities said it has led a public-private partnership that acquired The Crescent at West Hollywood Apartments, a 130-unit community in Los Angeles, utilizing California’s innovative public-private partnership structure designed to facilitate the creation of middle-income housing.

KeyBank Community Development Lending and Investment and KeyBank Real Estate Capital announced it provided $69.7 million of capital for the redevelopment of Jordan Park Apartments in St. Petersburg, FL, by Norstar Development USA-CDL, an affordable housing developer headquartered in Buffalo, NY, and the St. Petersburg Housing Authority.

Harvard University Graduate School of Design will present an immersive, four-part course February 14-18 on affordable housing as a distinctive real estate asset class, applicable in every country in the world, that rewards specialist entrepreneurship by people and entities that can truly deliver a double-bottom-line value proposition: better living situations for deserving households alongside economically profitable and sustainable properties.

Dakota Partners said it has completed construction on the first phase of Friars Court, delivering Hudson, NH, its first and only affordable housing community.   

Kevin Kellogg joined national housing development firm Gorman & Company and will serve as market president for the Pacific Northwest, including Oregon, northern California and Washington state, the company announced.

Dominium announced that it promoted Shaun Reinhardt to vice president and project partner.  

Woda Cooper Companies, Inc. said it was named a top winner in the USGBC Detroit Region Leadership Council Awards. Osborn Commons in Sault Ste. Marie was recognized as Michigan’s Green Building of the Year: Homes. 

Red Stone Equity Partners LLC announced that 2021 marked the most successful year in the company’s history in terms of fundraising activity.

Hunt Capital Partners, in partnership with local nonprofit Family Housing Resources Inc. (FHR), announced the closing of $7.3 million in Federal LIHTC equity financing for the acquisition and rehabilitation of Talavera Apartments.