Jonathan Rose Companies has acquired La Posada Apartments, a 150-unit mixed-income community in Santa Cruz, California, for $85 million, pairing the acquisition with a long-term extension of federal affordability protections. The property at 609 Frederick Street...
Rockland Trust is providing a $7.4 million financing package for a new 24-unit affordable housing development in Quincy, Massachusetts. The Quincy Street Apartments project, planned for 150-156 Quincy Street, is being developed by Father Bill’s & MainSpring with...
Berkadia has secured $15 million in Low-Income Housing Tax Credit equity for a 60-unit affordable senior housing development in Cranbury, New Jersey. The financing will support Cedar Brook Crossing, a four-story community being developed by Walters Cornerstone...
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 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...
Inflation Expectations Hit Three-Year High as Rent Outlook Climbs to 6.8%
