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...
The Federal Housing Administration has opened its modernized UAD 3.6 appraisal process to approved lenders, moving the agency beyond the controlled beta that had limited use of the new format. FHA-approved lenders participating in Title II forward mortgage and Home...
Phillips Edison & Company is expanding a longstanding joint venture with Northwestern Mutual through a transaction valued at approximately $377.5 million, moving 13 grocery-anchored shopping centers into the partnership while freeing capital for additional...
Welltower Reports $21 Billion in Investments Closed or Under Contract as Se…
