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Mark-Dana Corp. Opens New Affordable Multifamily Community in Houston

Mark-Dana Corp. Opens New Affordable Multifamily Community in Houston

by Phil Hall | Aug 17, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mark-Dana Corp. announced the opening of Lost Oaks, a $25.9 million affordable multifamily housing community in north central Houston. The five-story development, which is now 60% leased, offers 78 apartments for households earning between 30% and 80% of the Area...
Mamdani Drops Campaign Pledge to Build Affordable Housing at Site of Lower Manhattan Garden

Mamdani Drops Campaign Pledge to Build Affordable Housing at Site of Lower Manhattan Garden

by Phil Hall | Aug 13, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New York City Mayor Zohran Mamdani reluctantly jettisoned his campaign promise to demolish the 20,000-square-foot Elizabeth Street Garden in Lower Manhattan in favor of affordable housing for seniors. The garden would have been razed in favor of a 123-unit housing...
Judge Blocks Rhode Island Town’s Eminent Domain Seizure of Land Slated for Affordable Housing

Judge Blocks Rhode Island Town’s Eminent Domain Seizure of Land Slated for Affordable Housing

by Phil Hall | Aug 4, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

A federal judge has blocked a Rhode Island town’s attempt to use eminent domain to seize a vacant lot that slated to become an affordable housing development. In January 2025, Mayor Joseph Polisena Jr. of Johnston declared his town was seizing over 31 acres of vacant...
Ground Broken on Affordable Senior Housing Development in Salt Lake City

Ground Broken on Affordable Senior Housing Development in Salt Lake City

by Phil Hall | Jul 30, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Lincoln Avenue Communities (LAC), an acquirer and developer of affordable housing, and the Housing Authority of Salt Lake City (HASLC) have broken ground on Erma’s at Fairmont, a 110-unit affordable senior housing development. Located directly across from...
The NRP Group Unveils Orlando-Area Affordable Housing Community

The NRP Group Unveils Orlando-Area Affordable Housing Community

by Phil Hall | Jul 24, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The NRP Group, a developer, builder and manager of multifamily housing, announced the financial closing and groundbreaking of Alora Lofts, an 88-unit affordable housing community in Kissimmee, Florida, 18 miles south of Orlando. The community is a four-story building...
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