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$62.9 Million Des Moines Development Opens With 216 Affordable Apartments

$62.9 Million Des Moines Development Opens With 216 Affordable Apartments

by John G. Stevens | Oct 4, 2026 | Current News & Events, Real Estate News

A $62.9 million affordable housing community has opened in Des Moines, adding 216 apartments targeted to households earning no more than 60% of area median income.The Annex Group held an opening event Oct. 1 for Union at Rivers Edge at 1600 Indianola Ave. The...
Project Renewal Opens 130 Supportive Apartments in Midtown Manhattan

Project Renewal Opens 130 Supportive Apartments in Midtown Manhattan

by John G. Stevens | Oct 4, 2026 | Current News & Events, Real Estate News

Project Renewal has opened a 21-story Midtown Manhattan development that combines permanent supportive housing, emergency shelter beds and healthcare in a single purpose-built property.Willow Tree Commons at 225 East 45th Street includes 130 supportive and affordable...
Chicago Opens 51-Unit Affordable Housing Project in Back of the Yards

Chicago Opens 51-Unit Affordable Housing Project in Back of the Yards

by John G. Stevens | Oct 4, 2026 | Current News & Events, Real Estate News

Chicago has opened 51 new affordable apartments in the Back of the Yards neighborhood as the first housing component of the broader United Yards redevelopment moves into operation.City officials cut the ribbon Oct. 2 on United Yards 1A at 4703 S. Justine St. The city...
Spokane Delivers 210 Workforce Apartments Through $53 Million Parking-to-Housing Project

Spokane Delivers 210 Workforce Apartments Through $53 Million Parking-to-Housing Project

by John G. Stevens | Oct 4, 2026 | Current News & Events, Real Estate News

A $53 million workforce housing development has opened in downtown Spokane, adding 210 apartments priced below 80% of area median income and providing a test case for Washington state’s effort to convert underused parking sites into housing.Catalyst Opportunity Funds...
CareTrust Commits £1.1 Billion to 45 U.K. Care Homes in Major Senior Housing Expansion

CareTrust Commits £1.1 Billion to 45 U.K. Care Homes in Major Senior Housing Expansion

by John G. Stevens | Oct 4, 2026 | Current News & Events, News, Real Estate News

CareTrust REIT is making its largest move yet into the United Kingdom’s private-pay senior housing market, committing approximately £1.1 billion to acquire 45 newly built or developing care homes from LNT Care Developments in a transaction designed to shift the...
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