Specialty Housing News
The latest trends, news and insights on affordable housing, senior housing and student housing.
Morgan Stanley Completes $1B Student Housing Acquisition
Morgan Stanley Real Estate Investing and Global Student Accommodation have acquired eight student housing properties worth over $1 billion, adding 6,200 beds to its portfolio across seven U.S. states. The off-market portfolio serves top universities including the...
KeyBank Finances $72.8M Atlanta Civic Center Senior Housing Redevelopment
KeyBank Community Lending and Investment provided $72.8 million in financing for the first phase of the Atlanta Civic Center redevelopment, a 148-unit affordable senior housing project in the Old Fourth Ward. This redevelopment project is being carried out through a...
Judge Upholds Pittsburgh Inclusionary Zoning for Affordable Housing
A federal judge has dismissed a challenge to Pittsburgh’s inclusionary zoning policy, which requires developers of 20 or more units in certain neighborhoods to set aside at least 10% for low-income residents. The Builders Association of Metropolitan Pittsburgh sued in...
Florence County, SC Must Pay $12M Over Affordable Housing Discrimination
A federal jury has found Florence County liable for blocking an affordable workforce housing project, ordering the county to pay more than $12 million to developer DHD Jessamine LLC. The ruling stemmed from the county’s 2022 moratorium, which halted construction of 60...
McDowell Housing Partners Breaks Ground on $64.68M 150-Unit Senior Housing in Florida
McDowell Housing Partners has started construction on Ekos at Pembroke Park, a 10-story, 150-unit senior housing development in Broward County, Florida. The project, with JWR Construction as the general contractor, Reprtwar as the architect of record, and HSQ Group as...
University of California Santa Barbara Begins Construction on San Benito Housing Project
UC Santa Barbara has started construction on the San Benito Housing project, part of a two-phase plan to expand student housing on campus. The $32 million development will add 2,224 apartment-style beds near Harder Stadium, featuring seven towers with shared amenities...
Chicago Housing Authority Challenges HUD Over New Funding Rules
The Chicago Housing Authority has filed a lawsuit against the U.S. Department of Housing and Urban Development, challenging new certification requirements tied to its federal funding. For the first time, HUD is requiring public housing agencies to attest that federal...
Gov. McMaster Signs TIF Law to Accelerate Affordable Housing in South Carolina
Gov. Henry McMaster recently signed the Tax Increment Financing Act, a new law designed to speed up affordable housing development at former military bases across South Carolina. The measure allows redevelopment authorities to use TIF funds to support housing projects...
$17M LIHTC Award Fuels $20M Affordable Senior Housing Redevelopment in Reading, PA
A vacant industrial building in downtown Reading will be redeveloped into Cornerstone at 6th & Chestnut, a $20 million affordable housing project for seniors supported by $17 million in Low-Income Housing Tax Credit funding. Developed by HDC MidAtlantic and Landis...
Purdue University Buys $70 Million Canal Square Apartments for Future Student Housing
Purdue University will purchase the 320-unit Canal Square Apartments in downtown Indianapolis for $70.1 million to expand student housing for its growing campus. The acquisition from Barrett & Stokely Inc., approved by Purdue’s board of trustees, is expected to...
Explore Our Metro Data Libraries
Explore our premium metro data libraries, including deals, contracts, financing documents, RFP libraries and our Who’s Who directories of top professionals. All for free.
Listen to Our Civic Development Podcast!
Dive into civic development with expert commentary on all areas of civic finance: infrastructure, affordable housing, economic development and more.
Newsletter
Sign up below to get weekly alerts for newly added datasets, news and more.
