Specialty Housing News
The latest trends, news and insights on affordable housing, senior housing and student housing.
$285.5 Million Refinancing Deal Completed for Temple University Student Housing by Walker & Dunlop
Vantage and The View, two student housing facilities on Temple University's campus, gained a financial boost as Walker & Dunlop successfully closed a $285.5 million refinancing deal for the said properties. Business Wire reported: Walker & Dunlop’s Bethesda...
Brickstone Partners Secures $58 Million from Blackstone for Fort Collins Student Housing Portfolio
Brickstone Partners, a student-housing-focused operator in Colorado, has successfully secured a $58 million refinancing package from Blackstone for its Fort Collins portfolio. Acquired in 2021, the portfolio consists of The Junction Apartments and The Alpine...
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...
Lawsuit Dismissed Against Clemson Student Housing Complex
The development of Hub Clemson, a 7-story planned student housing complex near Clemson University's Memorial Stadium, is moving forward as the lawsuit brought against it was dismissed earlier this week. The lawsuit challenged the development's compliance with the...
City of Trenton Receives $15.6 Million Choice Neighborhoods Grant for Redevelopment
The City of Trenton and the Trenton Housing Authority have been awarded a $15.6 million Choice Neighborhoods Grant as announced by President Biden and HUD Acting Secretary Todman. The funding will be allocated towards the improvements and redevelopments to be made at...
Officials Raise Infrastructure Concerns Over NY Gov. Hochul’s Housing Plans
New York Gov. Kathy Hochul plan to increase statewide housing stock would require local communities to meet a certain number of housing unit targets. A 3% housing stock growth goal every three years would apply to downstate cities like Long Island. Parties opposed to...
$200 Million Funding for Housing Infrastructure Projects Coming to South Dakota
The South Dakota House of Representatives, by a 54-16 vote, approved a $200 million package to be allocated towards housing infrastructure projects across the state. It makes use of $150 million from the state general fund, while the remaining $50 million will be...
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...
As Institutional Investors Snap Up Rental Properties, Local Officials Consider Pushing Back
In the past few years, there has been an influx of institutional investors buying properties across the US and converting them to rentals. With its impact to the housing market, some states are now proposing actions and ordinances that promote homeownership. The...
$200 Million Affordable Housing Bond Gets On Ballot in Palm Beach
Four out of 6 Palm Beach County commissioners this week voted in favor of including a $200 million affordable housing bond on voters' November ballot. If approved by voters, the money will be used to finance the construction of condominiums, rental units, family...
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