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Fairstead Acquires 700-Unit Affordable Community in $242M Deal

by Kipp Gillian | Dec 11, 2025 | Affordable Housing

Haverstock Hills Apartments, a 700-unit affordable housing community in Houston that was acquired by Fairstead in a $242 million deal. Image courtesy of Fairstead Fairstead has expanded its Houston portfolio with the $242 million purchase and planned reservation of...

Berger Organization, SK Obtain $250M for New Jersey Project

by Kipp Gillian | Dec 10, 2025 | Affordable Housing

The mixed-income project will feature 4,700 square feet of ground-floor retail along the Passaic River. Rendering by SK Development, courtesy of Walker & Dunlop A joint venture between The Berger Organization and SK Development has secured a capital package of...

Madison Capital Affiliate Lands $285M for New Brooklyn Apartments

by Kipp Gillian | Dec 9, 2025 | Affordable Housing

Greenpoint Central, a 473-unit Class A community located in Brooklyn’s Greenpoint neighborhood. Image courtesy of Walker & Dunlop and Eli Marias An affiliate of Madison Realty Capital has secured a $285 million bridge loan for refinancing Greenpoint Central,...

Clipper to Secure $450M for Brooklyn Towers

by Kipp Gillian | Dec 8, 2025 | Affordable Housing

The property consists of two towers connected by a podium structure, located on the banks of the East River. Image property of Yardi Matrix Clipper Equity will obtain a $450 million debt package for Tower 77, a 766-unit partially affordable community in Brooklyn,...

Magnus Capital Lands $91M for Michigan Project

by Kipp Gillian | Dec 5, 2025 | Affordable Housing

The first two phases of HōM Flats at 28 West feature 12 buildings such as this one. Image courtesy of Yardi Matrix Magnus Capital Partners has secured a debt and equity package of $90.8 million for the development of HōM Flats at 28 West’s third phase, a 200-unit...

Monadnock Lands $175M for Brooklyn Community

by Kipp Gillian | Dec 4, 2025 | Affordable Housing

The 300-unit community is set to come online by the end of 2027. Image courtesy of JLL Capital Markets Monadnock Development has obtained a $175 million construction loan for 155 Third St., a 300-unit community in Brooklyn. A partnership between PCCP LLC and U.S. Bank...
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