Standard makes $38M bet senior housing in Atlantic City
In its first acquisition in New Jersey, Standard Communities, the affordable housing division of Standard Companies, has acquired Baltic Plaza Apartments, a 169-unit affordable senior
Tag : LIHTC
Olshan, O’Connor break ground for affordable Bronx development
A partnership led by Olshan Properties and O’Connor Capital Partners, in conjunction with New York City’s Housing Development Corporation (HDC) and Department of Housing Preservation and
Boston Financial closed $173M LIHTC fund
Boston Financial Investment Management has closed a $173 million Low Income Housing Tax Credit fund, Boston Financial Institutional Tax Credits 54 Limited Partnership. ITC 54
Camber opens affordable property for seniors in Harlem
Camber Property Group today opened Victory Plaza, a 136-unit affordable housing development in Central Harlem with 81 units set aside for low income seniors and
Camber JV tops out affordable Bronx development
Camber Property Group (CPG) and Westhab have topped out 913 East Tremont Avenue, a 100 percent affordable rental development in the West Farms section of
City taps team to turn Astoria parking lot into senior housing
The New York City Department of Housing Preservation and Development (HPD) today announced the selection of a development team, HANAC and Mega Development LLC, to
Belveron raises $280M, eyes more affordable housing acquistions
Affordable housing investor, Belveron Partners has closed its sixth fund at $280 million. The money will be targeted at acquiring upwards of 5,000 units of
Douglaston secures construction financing for Bronx senior housing
Douglaston Development has closed on a $60 million financing package to start building the first phase of a mixed-use development on land it has leased
Beverly Hills investor buys 1,200 unit affordable housing portfolio
Beverly Hills-based Stonebridge Global Partners has closed on $47 million in financing for the acquisition of seven affordable housing properties comprising over 1,200 apartments. Walker
NYCHA bangs out another affordable housing deal with private developer
The New York City Housing Authority (NYCHA), New York City Department of Housing Preservation and Development (HPD) and the New York City Housing Development Corporation