Lennar has broken ground on 441 planned townhomes and single-family houses in Wyomissing, Pennsylvania, where the builder is tying a sizable residential project to a new retail district in Berks County. The company announced construction’s start October 8 at...
A new 172-unit apartment development in Los Altos, California, is preparing to begin leasing, with 29 of its homes designated for below-market-rate housing. Prometheus Real Estate Group announced October 8 that Harken, at 5150 El Camino Real, will begin leasing this...
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...