by Kipp Gillian | Jul 9, 2025 | Affordable Housing
Image by Volodymyr Kyrylyuk/stock.adobe.com Upward of 300 federal, state and local programs are layered within the capital stack of 27,000 fully affordable multifamily properties, according to a new Yardi Matrix study. In exchange for such funds, owners are legally...
by Kipp Gillian | Jul 7, 2025 | Affordable Housing
The property is 89.8 percent occupied as of June 2025. Image courtesy of Yardi Matrix. Warren Manor Apartments, a 479-unit multifamily property located in Warren, Mich., has received a $38.5 million refinancing loan provided by Bellco Credit Union. The deal was...
by Kipp Gillian | Jul 7, 2025 | Affordable Housing
Sunflower Terrace Apartments, which will undergo property-wide renovations over the next year. Image courtesy of Fairstead Fairstead has closed on $20 million for the purchase and rehabilitation of Sunflower Terrace Apartments, a 160-unit affordable housing community...
by Kipp Gillian | Jul 7, 2025 | Affordable Housing
“Our goal is not to erase the past, but to build upon it,” said Purohit. Image courtesy of CBT Architects Once an outdated public housing property in South Boston, the Mary Ellen McCormack complex is finally undergoing large-scale rehabilitation. The...
by Kipp Gillian | Jul 3, 2025 | Affordable Housing
A rendering of 3850 Blake, a new development in Denver by Formativ. Image courtesy JLL Real estate developer Formativ has obtained a $65.5 million construction loan for 3850 Blake, a 310-unit multifamily development in Denver. Construction began in June, with...
