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CEQA Reforms Brighten California’s Housing Outlook

by Kipp Gillian | Jul 3, 2025 | Affordable Housing

Governor Gavin Newsom signed the CEQA changes into law along with other housing and infrastructure reforms. Image courtesy of gov.ca This week, multifamily investment and development professionals in California are applauding major updates to a 50-year-old...

Walker & Dunlop Closes $240M LIHTC Investment Fund

by Kipp Gillian | Jul 2, 2025 | Affordable Housing

Saddleback Village, a215-unit affordable build-to-rent project located in Phoenix, Ariz. Walker & Dunlop arranged a $45.7 million Freddie Mac loan and $41.5 million in LIHTC equity for the project’s development. Rendering courtesy of Dominium Walker...

Can Zoning Changes Boost Affordable Housing?

by Kipp Gillian | Jul 1, 2025 | Affordable Housing

Image by Francesco Scatena/iStockphoto.com In fighting the housing crisis, many cities and states are crafting legislation and zoning amendments that make development easier. Very often, that includes provisions specifically aimed at facilitating the development of...

BFC Partners Moves to Phase III of Brooklyn Project

by Kipp Gillian | Jun 30, 2025 | Affordable Housing

A rendering of 1709 Surf Ave., phase 3 of the Coney Island Affordable development. Image courtesy of BFC Partners BFC Partners has received a $250 million construction loan for a 420-unit building at 1709 Surf Ave. in Coney Island. The project, the third and final...

Five Prominent Chicago Office-to-Residential Conversions

by Kipp Gillian | Jun 30, 2025 | Affordable Housing

Office conversions in Chicago are growing. As major markets continue to battle high vacancy, more and more owners are turning to adaptive reuse as a potential solution to revitalize these assets and avoid too much loss of value. The metro has joined several other...
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