The Olnick Organization has refinanced Lenox Terrace, its 1,696-unit Harlem apartment complex, with $170.5 million in permanent financing arranged by Walker & Dunlop.Chase Commercial Bank provided the balance-sheet loan. The financing is cash-neutral and will...
True Ground Housing Partners has opened The Linden Senior Residences, a roughly $64 million affordable housing community for older adults in Loudoun County, Virginia.The 130-unit development serves residents age 55 and older earning between 30% and 60% of area median...
KeyBank has assembled $92.9 million in financing for Broadway & Imperial, a 166-unit affordable housing development planned for South Los Angeles.The financing includes a $43.8 million construction loan and $18.1 million federal Low-Income Housing Tax Credit...
More than 43,000 federally supported rental homes in Pennsylvania could reach the end of their affordability restrictions during the next decade, according to a new Pennsylvania Housing Finance Agency study that puts a number on the state’s preservation challenge.PHFA...
California voters will decide next month whether to authorize as much as $25 billion in revenue bonds to help middle-income buyers purchase newly built homes with second mortgages covering up to 17% of the purchase price.Proposition 37, the California Middle-Class...
North Carolina Faces Tornado Threat, Flooding as Isaias Moves Through State
Long Beach Red-Tags Eight Buildings as Storm Surf Damages Waterfront Homes
