by Kipp Gillian | Jun 3, 2024 | Affordable Housing
Affordable Housing Investment Brokerage Inc. (AHIB) was retained by a court-appointed receiver to identify and secure new owners for portions of Heartland Housing’s Wisconsin portfolio, which included 166 affordable housing units across five properties in...
by Kipp Gillian | Jun 3, 2024 | Affordable Housing
The Los Angeles-based Colliers Mortgage Structured Finance Group arranged $24.4 million in construction financing for Kingsley Apartments, a planned 136-unit, 100% affordable property in Los Angeles’ Koreatown submarket. Leveraging the city’s new Executive Directive 1...
by Kipp Gillian | Jun 3, 2024 | Affordable Housing
Ninety-one percent of adult Gen Zers say housing affordability is the most important issue when considering who to vote for in the upcoming presidential election, according to a survey conducted for Redfin. Gen Zers were more likely to rate affordable mortgages or...
by Kipp Gillian | May 31, 2024 | Affordable Housing
A joint venture partnership between Oak Brook-Illinois-based real estate investor Clear Height Properties and Harbert US Real Estate, an investment strategy sponsored by Harbert Management Corporation, has acquired a 64,340-square-foot, single-tenant light industrial...
by Kipp Gillian | May 31, 2024 | Affordable Housing
Northern Trust, a financial services company headquartered in Chicago, announced it has appointed Chandra Dhandapani to its Board of Directors. Dhandapani is currently a senior advisor at CBRE, where she previously served as Chief Executive Officer of the firm’s...
by Kipp Gillian | May 31, 2024 | Affordable Housing
Optima, Inc., an integrated real estate firm, announced Reform Studios will open at Optima Signature, a 57-story luxury apartment tower comprising 490 apartments and 58,000 square feet of commercial space in Chicago’s Streeterville neighborhood. Reform Studios joins...