The affordable housing developer Lincoln Avenue Communities (LAC) hosted a groundbreaking ceremony on the future site of The View and The Victoria at Huxley Yards, two new developments in Madison, Wisconsin. The Huxley Yards developments will provide a combined 553...
The Bascom Group LLC, an Irvine, California-headquartered private equity firm, has acquired the Nevada-based senior housing complex Homestead at Boulder City for $3.05 million. The 72-unit Homestead was built in 1999 and is located on 6.39 acres in Boulder City,...
Lincoln Avenue Communities (LAC) has acquired Tivoli Place, a senior housing complex in New Orleans, and announced plans for an extensive rehabilitation of the property. The company – which is headquartered in Santa Monica, California, and focuses on owning,...
A plan to transform a former convent and college campus in Syracuse, New York, into a low-income senior housing complex is being complicated by persistent vandalism at the property. Syracuse.com reported the former Sisters of St. Francis convent and Maria Regina...
The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) is allocating $2 million in Affordable Housing Program (AHP) grants to a pair of Arizona projects designed to create 142 units of affordable housing for seniors. $1 million was awarded for the new...