Historic NY Factory to Get $64M Makeover

Historic NY Factory to Get $64M Makeover

Canal Commons. Image courtesy of John Smillie East House and MM Development Advisors are bringing a fully affordable community to Rochester, N.Y. The partnership started construction on Canal Commons located in Rochester’s Susan B. Anthony neighborhood, which will...
Avanath Acquires Orlando Property for $63M

Avanath Acquires Orlando Property for $63M

City View. Image courtesy of Avanath Capital Management Private real estate investment firm Avanath Capital Management has acquired mixed-use, mixed-income City View in Orlando, Fla. The distinctive, 266-unit property, which features 24,865 square feet of retail...
Helping Minority Developers Scale Up  

Helping Minority Developers Scale Up  

Gina Merritt, Principal, Northern Real Estate Urban Ventures. Image courtesy of Northern Real Estate Urban Ventures Growing up in affordable housing, Dr. Gina Merritt realized early on that affordable housing development was her destiny. Over the past three decades,...
Chicago Affordable Property Gets $58M From CIBC

Chicago Affordable Property Gets $58M From CIBC

The Foglia Residences at The Chicago Lighthouse. Image courtesy of The Chicago Lighthouse. CIBC is providing $27.9 million in construction financing and a $30.2 million equity investment for development of The Foglia Residences at The Chicago Lighthouse, a nine-story,...