Specialty Housing News
The latest trends, news and insights on affordable housing, senior housing and student housing.
University of Maryland’s $148.75 Million Student Housing Project Breaks Ground
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
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
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
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
Seizing the increasing enrollment rates in universities, Orlando-based Deven Group plans to expand its student housing development portfolio to over $1 billion in assets within three years, focusing on Tier I research universities with large amounts of funding flowing...
WinnCompanies Begins $51 Million Renovation of Worcester Boys Club into Affordable Senior Housing
The transformation of the historic Worcester Boys Club into 80 senior housing apartments in Worcester, Massachusetts, has already started, as announced by WinnCompanies last week. The $51 million project will renovate the 94-year-old building to create 16 affordable...
Berkadia Closes $92.71 Million in Financing for Senior Housing Communities Across Four States
Additional funding will go towards nine senior housing across Montana, Oregon, Arizona, and Florida, as Berkadia recently announced the successful closing of $92.71 financing for these communities. Spearheaded by Managing Directors Steve Muth and Ed Williams, the...
Marin County, CA Approves $33 Million Bond Financing for Acquisition and Renovation of Senior Housing Complex
$33 million in bond financing has been approved by the Marin County supervisors for the acquisition and rehabilitation of the Parnow Friendship House, a senior living complex in Santa Venetia, with up to $6 million planned to be allocated for renovations. The housing...
California Awards $789.8 Million for New Affordable Housing
In a announcement by Governor Gavin Newsom, 24 housing and sustainable projects across California will be getting a share of $789.8 million in cap-and-trade funds made through Affordable Housing and Sustainable Communities (AHSC) program. This award will be used to...
$73.3 Million Construction Loan Secured for FSU’s ‘The Hall’ Student Housing Project
Portman, 908 Group, Canyon Partners Real Estate, and PTM Partners are developing "The Hall," a Class-A student housing project at Florida State University, funded by a $73.3 million senior construction loan recently secured by the said joint venture from Pacific Life...
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