The Richman Group Affordable Housing Corporation, a Greenwich, Connecticut-based developer and syndicator of affordable housing, announced that it raised $171.5 million in equity for a multi-investor affordable housing tax credit fund. According to the company, the...
The BLVD Group, a Los Angeles-based multifamily investment and development firm, announced its $97 million acquisition and planned renovation of Concord Royal Gardens, a 300-unit affordable housing community in Concord, New Hampshire. Originally built in 1970, Concord...
The Federal Home Loan Bank of Dallas (FHLB Dallas) has awarded $78.9 million in Affordable Housing Program (AHP) grants to 41 projects in its five-state District of Arkansas, Louisiana, Mississippi, New Mexico and Texas. The grants are designed to fund the creation or...
The Ottawa City Council has given permission for construction to commence on Odayanhaway (Little Village), a new sustainable transit-oriented infill development. Located on an underutilized parking lot adjacent to a light transit station and the Ottawa River, the...
Boxing great Floyd Mayweather has acquired a 1,000-unit affordable housing portfolio in Manhattan for $402 million. The Real Deal reported the portfolio encompasses more than 60 building in Upper Manhattan. Josh Gotlib of Black Spruce Management was the seller in the...