CPC and L+M close on $33M refinancing deal
The Community Preservation Corporation (CPC) and L+M Development Partners announced the closing of three Fannie Mae Multifamily Affordable Housing (MAH) loans totaling $33.2 million to
Tag : Affordable Housing
Fairstead to rehab 900 affordable homes with $310M in HUD loans
Fairstead, a real estate firm committed to the preservation of high quality housing, announced the financing of a 905-unit portfolio of subsidized housing across nine
City looks to get owners on board with homeless plan
The New York City Department of Housing Preservation and Development (HPD) announced the release of Request for Expressions of Interest (RFEI) for its new Property
K&R forms new equity partnership for affordable housing portfolio
K&R Preservation, the New York City-based affordable housing development firm owned and operated by its principals Francine Kellman and Brian Raddock, announced that the firm
Construction financing for afforable property
Camber Property Group (CPG) and Westhab Inc. closed on financing for the construction of 913 East Tremont Avenue, a supportive and affordable residential rental building
JV to keep $166M Bronx Mitchell Lama portfolio affordable
Rubin Schron’s Cammeby’s International Group has sold a 1,275 unit Bronx affordable housing portfolio for $166 million. LIHC Investment Group (LIHC), Belveron Partners (Belveron) and
$39M Yonkers complex gets underway
Construction is underway on Dayspring Campus, a new development in Yonkers that will bring 63 affordable and supportive homes and a community center to the Nodine Hill
L&M bags$179M to build three affordable Brooklyn properties
L+M Development Partners closed on financing for the construction of three new buildings as part of the Marcus Garvey Extension Project, a 100 percent affordable
Dattner to turn medical center into affordable housing complex
Dattner Architects has been selected to design Kingsbrook Estates in Central Brooklyn, transforming the Kingsbrook Jewish Medical Center North Campus into a new 266-unit affordable
$68M Greystone loan will protect affordable housing for seniors
Greystone has provided a $68,500,000 Fannie Mae Delegated Underwriting and Servicing (DUS) loan to refinance a Section 8 seniors housing property. Located at 840 8th