Member News
Merchants Capital Secures $18.2 Million for Two California Communities
Merchants Capital announced it has provided $18.2 million in total refinancing for Eden Housing, a nonprofit that has partnered with local communities to develop or acquire more than 10,600 homes in communities throughout California.
Ballard Spahr Names McClain Real Estate Department Chair
Ballard Spahr said it has named Amy M. McClain the new chair of the firm’s real estate department.
Wisconsin Announces Two Winners from LIHTC Innovation Round
The Wisconsin Housing and Economic Development Authority (WHEDA) announced nine percent Federal LIHTC awards for its 2021 Innovation Housing Tax Credit program.
X-Caliber Funding and CastleGreen Finance Close $94 Million C-PACE Financing
X-Caliber Funding and CastleGreen Finance announced the closing of a $94 million joint transaction as part of a multimillion-dollar renovation to reopen the Long Beach, CA landmark Breakers Hotel & Spa.
Tapestry, Columbia Open $19 Million Senior Residences
Tapestry Development Group and Columbia Residential announced they have opened Stride Senior Residences, a $19 million, 90-unit affordable seniors housing community in Decatur, GA, just east of Atlanta.
POAH Celebrates 20 Years, Two New Groundbreaking
Preservation of Affordable Housing released a 20th anniversary highlights report to celebrate the company’s anniversary of creating and managing affordable homes for more than 20,000 people over the firm’s history.
WNC Appoints Sarah Arnold to Vice President – Asset Management
WNC, Inc. announced it has appointed Sarah Arnold as vice president – asset management.
Edson Awards Include NH&RA Members
The Affordable Housing Tax Credit Coalition has announced its 2021 Charles L. Edson Tax Credit Excellence Award winners.
NH&RA Members Among Section 202 Grant Awardees
The U.S. Department of Housing and Urban Development (HUD)’s Office of Multifamily Housing announced the award of $143 million for 30 grantees under Section 202 Supportive Housing for the Elderly program.
Merchants Capital Names Two Senior Hires
Merchants Capital announced two senior hires in the acquisitions and underwriting divisions. Laurie DiBona joins Merchants Capital as vice president of acquisitions in Boston. DiBona previously spent 12 years in the equity acquisitions and asset management divisions at Boston Capital and R4 Capital. Lisa Zebro joins Merchants Capital as vice president and deputy chief equity […]
Ginosko Names Powell VP
Ginosko Development Company announced the appointment of Alicia Powell to the position of vice president of asset management.