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NY Governor Announces RFP for Redeveloping Brooklyn Site

NY Governor Announces RFP for Redeveloping Brooklyn Site

by Phil Hall | Mar 21, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

New York Gov. Kathy Hochul announced a Request for Proposals (RFP) for the redevelopment of a 12,800-square-foot state-owned property in Brooklyn. The property in Brooklyn’s Clinton Hill neighborhood has been owned by the Office of Children and Family Services...
SDS Capital Group Launches $1 Billion Fund Aimed at Affordable Housing Creation

SDS Capital Group Launches $1 Billion Fund Aimed at Affordable Housing Creation

by Phil Hall | Mar 21, 2025 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The Los Angeles-based impact fund manager SDS Capital Group has rolled out SDS Impact Debt (SDSID), a capital platform designed to provide below-market permanent and construction financing for the preservation and development of affordable housing. According to the...
Multiply Mortgage Raises $23.5 Million in Series A Funding

Multiply Mortgage Raises $23.5 Million in Series A Funding

by Phil Hall | Mar 21, 2025 | Current News & Events, Mortgage Information, Real Estate News, WRE News Exclusive

The Denver-based fintech Multiply Mortgage announced it has raised a $23.5 million Series A funding round led by Kleiner Perkins. According to the company A*, Box Group, Mischief, and Workshop also participated in the funding round, bringing the company’s total...

FHLBank Atlanta to Provide $50 Million for Affordable Housing Grants

by Phil Hall | Mar 21, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

The Federal Home Loan Bank of Atlanta (FHLBank Atlanta) is allocating $50 million through its 2025 Affordable Housing Program (AHP) General Fund. Developers and housing organizations partner with a FHLBank Atlanta member financial institution to apply for grant...
New York State’s Housing Inventory at Record-Setting Low

New York State’s Housing Inventory at Record-Setting Low

by Phil Hall | Mar 20, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New York State set a new housing record in February with inventory reaching a record-breaking nadir while home prices climbed for the 19th consecutive month. According to data from New York State Association of Realtors, the statewide housing inventory plummeted to...
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