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Guest Opinion: Achieving Housing Affordability in Canada

Guest Opinion: Achieving Housing Affordability in Canada

by Aled ab Iowerth | Oct 4, 2023 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

Canada is known for its vibrant cities, breathtaking landscapes and diverse culture, making it a desirable place to call home. Unfortunately, parts of Canada are becoming more known for those homes being unaffordable. High housing costs have become obstacles for so...
WNC Raises $350 Million in Institutional LIHTC Equity

WNC Raises $350 Million in Institutional LIHTC Equity

by Phil Hall | Oct 2, 2023 | Current News & Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

WNC, an Irvine, Californina-based provider of investment, asset management and development services in the affordable housing industry, has closed two institutional low-income housing tax credit (LIHTC) funds totaling approximately $350 million in equity. WNC closed...
M&T Bank Provides $1.22 Million for Underserved Pennsylvania Neighborhoods

M&T Bank Provides $1.22 Million for Underserved Pennsylvania Neighborhoods

by Phil Hall | Sep 27, 2023 | Current News & Events, Real Estate News, WRE News Exclusive

M&T Bank (NYSE: MTB) announced it has provided $1.22 million this year to 42 initiatives aimed at serving distressed communities or low-income neighborhoods in Pennsylvania. The funding was allocated through the state’s Neighborhood Assistance Program (NAP),...
A Phil Hall Op-Ed: Addressing New York City’s Housing Problem

A Phil Hall Op-Ed: Addressing New York City’s Housing Problem

by Phil Hall | Sep 25, 2023 | A Phil Hall Op-Ed, Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Phil Hall Op-Ed: It would be kind to say that Eric Adams’ tenure as mayor of New York City has been something of a mess. Indeed, Adams’ failings since becoming mayor in January 2022 have been so severe that even President Biden didn’t want to be seen with him last...
Long-Vacant Historic San Francisco Theater Being Proposed as Affordable Housing Site

Long-Vacant Historic San Francisco Theater Being Proposed as Affordable Housing Site

by Phil Hall | Sep 20, 2023 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

A 100-year-old San Francisco theater which has been shuttered for nearly two decades may soon be starting a new chapter as a 76-unit affordable housing complex. According to a report in the San Francisco Chronicle, the Alexandria Theater in the city’s Richmond...
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