Specialty Housing News

The latest trends, news and insights on affordable housing, senior housing and student housing.

Civic Development Podcast #1: The Big Beautiful Bill and Affordable Housing in the 2nd Trump Administration with David Gasson

Episode #1 David Gasson of MG Housing Strategies joins us to break down everything affordable housing professionals need to know about the state of play in the 119th Congress and the 2nd Trump Administration. * The episode begins with a discussion on the 2nd Trump...

Florida Tech to Build New 555-Bed Student Housing Complex

To meet the rising enrollment rate, Florida Tech is planning to build a six-story, 555-bed student housing complex atop the Southgate intramural sports field, which is expected to increase the campus’s housing capacity by 27%. The 212,000-square-foot facility will...

New Jersey Court Rules Against Towns Challenging Affordable Housing Mandates

Judge Robert Lougy, a New Jersey judge, has rejected a request from 26 towns to halt the state’s affordable housing process while their lawsuit challenging a new law outlining housing obligations continues. The towns, which sued in October, argued that the law...

San Francisco Pulls $20 Billion Affordable Housing Bond From November Ballot

In a sudden turn of events, two months after the board of the Bay Area Housing Finance Authority voted to place a $20 billion affordable housing bond on this year's ballot, the board this week unanimously decided to pull the measure from the November ballot. The...

UC San Diego Seeks Approval for $2 Billion Student Housing Village; Would Be Largest in San Diego County

A $2 billion student housing village is on the horizon on the eastern edge of UC San Diego's main campus as Chancellor Pradeep Khosla seeks approval from the University of California for its development. The proposed village is set to exceed the size of any...

New California Budget Directs $2 Billion to Affordable Student Housing

Funding Flowing to Local Governments for Affordable Housing Construction

Billions of dollars in public funding and tax enrichments are currently available to support the construction of affordable housing throughout the U.S. The impetus behind these incentives is the country’s affordable housing shortage which has reached near-crisis...

Harrison Street Closes $2.5 Billion Senior Housing Fund

Oct 22, 2024 | Senior Housing

Harrison Street has successfully closed its Harrison Street Real Estate Partners IX, L.P. fund, raising over $2.5 billion in capital commitments, with more than $7 billion in buying power. The fund will be invested on various sectors, including senior housing assets...

Joint Venture to Develop $44 Million Affordable Housing Project for Homeless Families in Charleston, SC

Oct 22, 2024 | Affordable Housing

A new $44 million, 87-unit affordable housing project in Charleston, S.C., is set to rise soon, which will be developed by a joint venture of The Michaels Organization, Spandrel Development, and One80 Place. The six-story complex aims to serve homeless families and...

$22 Million Financing Closed by MassHousing for 61 New Affordable Rental Units in Salem

Oct 22, 2024 | Affordable Housing

With the closing of $22 million in financing by MassHousing, North Shore Community Development Coalition (NSCDC) is moving forward with the redevelopment of two former school buildings in Salem into 61 affordable rental units, with the funding package consisting of...

Brookdale Senior Living Expands Portfolio with $610 Million Acquisition of 41 Leased Communities

Oct 7, 2024 | Affordable Housing, Senior Housing

Brookdale Senior Living is set to acquire 41 leased communities for $610 million, totaling 2,789 units. The deal will be funded through debt, convertible notes, and mortgage financing, with financing led by Deerfield Management, positioning the company for long-term...

Dartmouth College Announces $500 Million Investment in Student Housing Residences

Oct 7, 2024 | Student Housing

Dartmouth College has announced a $500 million investment to expand and modernize its undergraduate residences, adding 1,000 new beds, and upgrading current facilities. The project kicked off last August with the groundbreaking of Russo Hall, an apartment-style...

University of Maryland’s $148.75 Million Student Housing Project Breaks Ground

Oct 7, 2024 | Student Housing

A $148.75 million graduate student housing project at the University of Maryland, College Park has broken ground, as announced by Campus Apartments and Mosaic, the companies leading the design and construction of the student residences. The 323,000-square-foot...

$56 Million Affordable Housing Development Announced in Kalamazoo

Oct 7, 2024 | Affordable Housing

Residents of Kalamazoo are getting a new $56 million affordable housing development called River’s Edge, a joint venture between Standard Communities, River Caddis Development, the Michigan State Housing Development Authority, Kalamazoo County, and the city of...

HUD Sets New Guidelines for 2025 Low-Income Housing Tax Credit Program

Sep 16, 2024 | Affordable Housing, Credits and Incentives

HUD has recently unveiled the 2025 parameters for Difficult Development Areas (DDAs) and Qualified Census Tracts (QCTs) for the Low-Income Housing Tax Credit program, which were published in the Federal Register. HUD sets these guidelines for designated areas in each...

Alabama State University Approves Construction of Two New Student Housing Complexes, 500+ Beds

Sep 16, 2024 | Student Housing

Alabama State University's board of trustees has approved the construction of two new student housing complexes on campus, providing approximately 552 new beds—an apartment-style building on Forest Avenue with 288 beds and another on South University Drive with 264...

Deven Group to Expand Student Housing Portfolio to $1 Billion, Targeting Tier I Universities