Specialty Housing News
The latest trends, news and insights on affordable housing, senior housing and student housing.
Rock Solid Secures $29.5M Construction Loan for Luxury Senior Living in NJ
Rock Solid Builders has secured a $29.5 million construction loan from Kearny Bank to develop an 85-unit, luxury senior rental project in Nutley, New Jersey. Slated for completion in spring 2027, the Soho Park Residences will offer upscale amenities for renters 55 and...
FHLBank San Francisco Awards $49.7M for Affordable Housing in AZ, CA, NV
The Federal Home Loan Bank of San Francisco has awarded $49.7 million in Affordable Housing Program grants to support 31 housing projects across Arizona, California, and Nevada, for the creation of over 2,050 affordable units. The funding includes $44.6 million which...
Preleasing for 2025–26 School Year Hits 79.9%
Preleasing for the 2025–2026 school year reached 79.9% in May, up 1.5% from last year, with 30 universities already over 90% preleased, according to Yardi Matrix. Annual rent growth has also slowed to 2.1%, the lowest since 2021, with 59 markets reporting negative...
Lawsuit Seeks to Block $60M Bond for Colorado Springs Affordable Housing Project
A residents’ group has filed a lawsuit to block Colorado Springs from issuing a $60 million private activity bond for the planned Royal Pines affordable housing complex. The group, Preserve Pine Creek, argues the bond violates Colorado’s Taxpayer’s Bill of Rights and...
Trump Administration Pushes Back on Cranbury’s Seizure of Historic NJ Farm for Affordable Housing
Federal officials are pressuring Cranbury Township to halt plans to acquire the 175-year-old, 21-acre historic, Henry Farm for affordable housing, with the Trump Administration citing potential violations of federal farmland requirements. USDA Secretary Brooke Rollins...
NY Gov Hochul Unveils $1 Billion Boost for Statewide Affordable Housing Projects
Governor Kathy Hochul has announced a $1 billion investment to create or preserve nearly 3,000 affordable homes across New York State as part of her $25 billion, five-year Housing Plan. The funding, comprised of $560 million in housing bonds and $466 million in...
$240 Million P3 Deal Brings Student Housing to Palm Beach Atlantic University
A $240 million public-private partnership between Gilbane and Palm Beach Atlantic University will bring a 25-story, mixed-use student housing tower to downtown West Palm Beach. The project includes 990 student beds, a dining hall, fitness center, and parking...
Virginia Court Revives Arlington’s “Missing Middle” Housing Policy
A Virginia appeals court has revived Arlington County’s controversial “missing middle” housing policy, reversing a lower court ruling that had blocked its implementation. The decision allows, for now, the development of multi-unit homes to replace single-family...
Washington AG Files Lawsuit Against Owners of Five Senior Apartment Complexes
Washington Attorney General Nick Brown has filed a lawsuit against FPI Management and the owners of five senior housing properties in Snohomish County, alleging deceptive practices around pricing, living conditions, and rent increases. The properties were marketed as...
‘Big Beautiful Bill’ Could Bring Harsh Fallout for New York
New analyses show New York could lose billions in federal support under Trump’s proposed budget and House Republicans’ “Big Beautiful Bill,” including $13.5 billion annually from Medicaid, $2.1 billion from food aid, and $4.4 billion from housing assistance. The cuts...
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