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New York State Launches Housing Accelerator Fund

New York State Launches Housing Accelerator Fund

New York Gov. Kathy Hochul has unveiled the Housing Acceleration Fund, a $215 million program designed to speed up construction of shovel-ready mixed-income residential projects across her state. The new fund will be administered by New York State Homes and Community...

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Joint Venture Acquires Sotherly Hotels REIT

Joint Venture Acquires Sotherly Hotels REIT

The real estate investment trust Sotherly Hotels Inc. (NASDAQ: SOHO) announced that KW Kingfisher, a joint venture involving affiliates of Kemmons Wilson Hospitality Partners LP (KHWP) and Ascendant Capital Partners LP, will acquire all outstanding shares of Sotherly...

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