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
Tag : LIHTC
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
Gotham secures $235M construction loan for 55 Suffolk
Gotham Organization, in partnership with Goldman Sachs Urban Investment Group, has closed on a $162.35M loan from co-lenders, Wells Fargo Bank, N.A and U.S. Bank,
Developers close $120M finance deal for affordable Bronx development
B&B Urban and L+M Development Partners have secured financing and broken ground at Williamsbridge Gardens, a fully affordable rental building in the Northeast Bronx. The
NYCHA trades trash compactor for 171 affordable apartments
Peter Magistro’s Bronx Pro Group has closed on the latest deal by the New York City Housing Authority to have private developers build affordable homes
Work gets underway on 245-unit affordable Bronx development
Construction has gotten underway on a new 245-unit affordable housing development in the South Bronx. Maddd Equities is developing the 19-story building blocks from Yankee