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 : CPC
Fund acquires first property as part of new neighborhood preservation effort
The New York City Department of Housing Preservation and Development (HPD) Commissioner Louise Carroll, Settlement Housing Fund (SHF), the Community Preservation Corporation (CPC), and the
CPC filling gap in market for loans that work for small building owners
CPC Mortgage Company LLC, a subsidiary of The Community Preservation Corporation (CPC), closed a $2.44 million Freddie Mac Optigo Small Balance Loan (SBL) to refinance
CPC closes senior housing loan
The Community Preservation Corporation (CPC), Project FIND, the Joint Ownership Entity New York City (JOE NYC), and the NYC Department of Housing Preservation and Development
Town pulled up by adaptive reuse of old corset factory
A former corset factory in Cortland, NY, has been turned into an apartment and office property as part of an adaptive re-use project led by
City plays matchmaker in affordable market to head off ‘predatory investors’
City Hall wants to play matchmaker for affordable housing sellers and preservation-minded buyers. Hoping to safeguard communities from “predatory investors”—developers who flip bargain-priced properties into
Leading real estate voices elected to Community Preservation Corp. board
The Community Preservation Corporation (CPC) announced the election of Ingrid Gould Ellen, Faculty Director of NYU’s Furman Center and Professor of Urban Policy and Planning
CPC bridging money gap for small multifamily building owners
The Community Preservation Corporation, Inc. (CPC), a not-for-profit affordable housing and neighborhood revitalization lender, announced the closing of its first eight loans under the Freddie
Efforts stepped up to preserve low-rise East Harlem character
One of Mayor Bill de Blasio’s biggest plans has been affordable housing — an ambitious plan that would see 200,000 units built in the next
$40M CPC loan will prevent rent hikes at Cathedral Parkway
The Community Preservation Corporation, Inc. (CPC) announced today the closing of a $40 million loan with funding through Freddie Mac to refinance Cathedral Parkway Towers,