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News
MidPen Housing and Partners Complete Jessie Street Terrace in Santa Cruz, California - Multifamily & Affordable Housing Business
1+ week, 1+ day ago (143+ words) MidPen Housing and Partners Complete Jessie Street Terrace in Santa Cruz, California Multifamily & Affordable Housing Business MidPen Housing and Partners Complete Jessie Street Terrace in Santa Cruz, California SANTA CRUZ, CALIF. — MidPen Housing has completed and opened Jessie Street Terrace,…...
IPA Arranges $35.1M Sale of East Howe Steps in Seattle
1+ week, 3+ day ago (229+ words) Multifamily & Affordable Housing Business IPA Arranges $35.1M Sale of East Howe Steps in Seattle SEATTLE — Bender Equities has sold East Howe Steps in Seattle’s Eastlake neighborhood for approximately $35.1 million. The buyer was Sequel Investment Co. and Evergreen Gavekal. Institutional Property Advisors…...
Cushman & Wakefield Brokers $7.3M Sale of Cascade Apartments in Rochester, Minnesota
1+ week, 6+ day ago (136+ words) Multifamily & Affordable Housing Business Cushman & Wakefield Brokers $7.3M Sale of Cascade Apartments in Rochester, Minnesota ROCHESTER, MINN. — Cushman & Wakefield has arranged the $7.3 million sale of Cascade Apartments in Rochester. Patina Management was the seller, and Black Swan Living was the buyer....
Woodfield Plans 320-Unit Community Within Atlanta Redevelopment Project
2+ week, 3+ day ago (204+ words) Multifamily & Affordable Housing Business Woodfield Plans 320-Unit Community Within Atlanta Redevelopment Project BROOKHAVEN, GA. — Woodfield Development has unveiled plans for a 320-unit community within Ashford Green, a mixed-used office campus in the inner Atlanta suburb of Brookhaven. In the second…...
First Phase of $105.8M Annapolis Public Housing Redevelopment to Include 58 Units
2+ week, 4+ day ago (163+ words) ANNAPOLIS, MD. — A $105.8 million redevelopment of the 150-unit Robinwood public housing community is moving forward with plans for 58 new apartments, renovated townhomes, new seniors housing and expanded community amenities. The developers are Community Housing Partners (CHP), a Virginia-based affordable housing developer,…...
The Public ROI Test: When Do Multifamily Development Incentives Make Economic Sense?
3+ week, 3+ hour ago (899+ words) Development incentives tend to produce two predictable reactions. One side sees them as a practical tool to get difficult projects built. The other side sees them as a subsidy to private developers. In my experience, neither reaction is enough. The…...
Pennrose Completes Tandem, a Rhode Island Mixed-Income Community
2+ week, 5+ day ago (188+ words) Multifamily & Affordable Housing Business Pennrose Completes Tandem, a Rhode Island Mixed-Income Community PROVIDENCE, R.I. — Pennrose has completed and opened Tandem, the second of a two-phase project in the Fox Point neighborhood of Providence. Along with its sister property, Tempo, which opened…...
Webinar: Better Bathroom Decisions in Affordable Housing — Balancing Investor Returns and Resident Needs
2+ week, 6+ day ago (157+ words) Multifamily & Affordable Housing Business Webinar: Better Bathroom Decisions in Affordable Housing — Balancing Investor Returns and Resident Needs On August 20, Multifamily & Affordable Housing Business hosted the webinar “Better Bathroom Decisions in Affordable Housing — Balancing Investor Returns and Resident Needs.” The discussion…...
Thompson Thrift to Develop 300-Unit Property in Metro Birmingham, Alabama
3+ week, 1+ day ago (111+ words) Multifamily & Affordable Housing Business Thompson Thrift to Develop 300-Unit Property in Metro Birmingham, Alabama CHELSEA, ALA. — Thompson Thrift has announced plans to develop Rivet, a 300-unit community in Chelsea, 20 miles southeast of Birmingham, Alabama. Completion of the 300-unit asset is…...
WinnCos. Completes $86M Affordable Housing Redevelopment in Upstate New York
3+ week, 3+ day ago (232+ words) Multifamily & Affordable Housing Business WinnCos. Completes $86M Affordable Housing Redevelopment in Upstate New York FAIRPORT, N.Y. — WinnCos. has completed the $86 million redevelopment of Evergreen East, a 508-unit affordable housing community in Fairport. Originally constructed between 1972 and 1976 by the New York State Urban…...