Specialty Housing News
The latest trends, news and insights on affordable housing, senior housing and student housing.
$222 Million Affordable Housing Project Set to Break Ground in the Bronx, NY
Tishman Speyer’s TS Communities is moving forward with the development of 160 Van Cortlandt Park South, a $222 million 339-unit affordable housing project in the Bronx, New York, with financing secured through bonds, loans, and tax credit equity. The eight-story...
$42 Million Loan to Refinance Student Housing Near University of Mississippi
A $42 million first mortgage floating-rate bridge loan has been closed by Seven Hills Realty Trust to refinance The Domain at Oxford, a student housing facility located near the University of Mississippi in Oxford, Mississippi. The loan for the 642-bed student housing...
$473 Million Financing Deal Secured for Senior Housing Development in Irvine, CA
A $473 million financing deal, facilitated and structured by JLL, has been finalized for The James, a senior housing facility in Irvine, California. This project, the largest senior housing development in Orange County, will feature a 350-bed facility, including 210...
Madison, WI Awards $9.85 Million to Four Affordable Housing Projects
The City of Madison, Wisconsin, has awarded $9.85 million in Affordable Housing Fund loans to support four affordable housing developments as part of the city's goal to expand housing options and create over 250 affordable units. Applicants for this fund must meet...
$5.35 Million Investment Supports Affordable Housing in Pennsylvania
In a step toward solving Pennsylvania’s housing crisis, the state is investing $5.35 million through the HOME Investment Partnerships Program to support the rehabilitation of over 100 low-income, owner-occupied homes in eight counties. This funding is in furtherance...
JLL Arranges $45 Million Loan for Student Housing Acquisition in Berkeley, CA
JLL Capital Markets arranged a $45 million financing deal for Hawkins Way Capital’s acquisition of Garden Village, a 77-unit student housing community in Berkeley, California, with the financing deal consisting of an initial $36 million loan and an additional $9...
New $32.6 Million Senior Housing Development Coming to Tacoma, WA
A new affordable senior housing is coming to Tacoma, Washington, with Greater Christ Temple Church filing permitting applications for a new project at 1951 S. Yakima Ave, which will give rise to a four-story building featuring 63 affordable units exclusively for...
Affordable Housing Project in Milwaukee County, WI Gets $3 Million Boost
Milwaukee County Executive David Crowley revealed $3 million in funding for a new $50 million development on the former Bucyrus campus at 1100 Milwaukee Ave. With construction set to begin in 2025 and completion expected in 2026, the project will feature 171 rental...
$25 Million Approved by Nevada State Infrastructure Bank for Las Vegas Affordable Housing Project
The Nevada State Infrastructure Bank has approved $25 million in financing for an affordable housing project in Las Vegas, Nevada. This funding will support the initial $57.3 million infrastructure phase of the Desert Pines Redevelopment Project, which will transform...
$36 Million Acquisition Financing Deal for UC Berkeley Student Housing Property
JLL Capital Markets has successfully facilitated a $36 million acquisition financing deal for Hawkins Way Capital to acquire Varsity Berkeley, a 79-unit student housing property near the University of California, Berkeley. The newly developed property was previously...
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