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Lincoln Avenue Communities Breaks Ground at Two Wisconsin Affordable Housing Developments

Lincoln Avenue Communities Breaks Ground at Two Wisconsin Affordable Housing Developments

by Phil Hall | Jun 28, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

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...
Bascom Group Acquires Las Vegas-Area Senior Housing Complex for $3 Million

Bascom Group Acquires Las Vegas-Area Senior Housing Complex for $3 Million

by Phil Hall | Apr 15, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

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 to Rehabilitate Historic New Orleans Senior Housing Building

Lincoln Avenue Communities to Rehabilitate Historic New Orleans Senior Housing Building

by Phil Hall | Feb 1, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

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,...
Project to Transform Ex-Convent Into Senior Housing Plagued by Vandalism

Project to Transform Ex-Convent Into Senior Housing Plagued by Vandalism

by Phil Hall | Dec 28, 2023 | News/Current Events, Real Estate News, WRE News Exclusive

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...
FHLBank San Francisco Awards $2 Million for Arizona Affordable Senior Housing Projects

FHLBank San Francisco Awards $2 Million for Arizona Affordable Senior Housing Projects

by Phil Hall | Jul 17, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
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