Private developers secure $271M loan to fix public housing
A private development group has secured $271 million in funding to make repairs to 1,718 public housing units. The New York City Housing Authority announced...
Tag : Community Preservation Corporation
Multifamily finance non-profit announces plan to go carbon neutral
The Community Preservation Corporation (CPC), a nonprofit affordable housing and community revitalization finance company, has committed to attaining carbon neutral operations during the 2020 calendar...
Housing finance company executes single largest CDFI bond sale
The Community Preservation Corporation (CPC), a nonprofit multifamily finance company, raised $150 million through its inaugural public debt offering of Sustainability Bonds, making it the...
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...
WHO’S NEWS: Marisa Chambers joins the STO Building Group as EEO & Diversity Manager.
The Kaufman Organization announced that Michael Kazmierski has been appointed president of Kaufman Investments. Kazmierski, who was previously principal and director of acquisitions, will now lead all real estate...
TRANSACTIONS
Black Mountain Capital announced the following recent transactions: • The refinance of $13 million loan on a 10,000 square foot luxury townhouse in Greenwich Village in...
WHO’S NEWS: B6 appoints two new directors, Flatiron hires new exec
BHI announced the appointment of Gregory Allen as National Head of Commercial Real Estate. Allen has more than 30 years of experience sourcing, managing and...
CPC closes on $100M New York portfolio loan
The Community Preservation Corporation (CPC) announced the closing of a $100 million portfolio under the Freddie Mac Small Balance Loan (SBL) product. The loans were...
CPC takes 30,000 s/f in the News Building
Cushman & Wakefield arranged a 29,400 s/f deal at 220 East 42nd Street, also known as the News Building, for Community Preservation Corporation (CPC), a...
CPC delivers $12M to NJ apartment owners
The Community Preservation Corporation (CPC), a nonprofit affordable housing finance company, announced the closing of three permanent mortgages under the Freddie Mac Small Balance Loan...