Specialty Housing News
The latest trends, news and insights on affordable housing, senior housing and student housing.
EDA Awards $64M Tax Credit for Jersey City’s Bayfront Housing Development
The first phase of Jersey City’s Bayfront housing project is advancing after the Economic Development Authority approved a $64 million tax credit award under the Aspire program. The Bayfront Promenade will add 210 rental units, with 74 designated as affordable...
New Student Housing Complex Coming to Wisconsin with 12-Story Theory Madison Project
A new student housing complex is set to rise in Madison, Wisconsin, as construction begins on Theory Madison, which is slated to open in summer 2026. The 12-story development aims to help address the shortage of affordable housing units, particularly for University of...
$344.2 Million Secured to Refinance Brookdale Senior Living’s Portfolio
JLL has successfully secured a $344.2 million, seven-year fixed-rate note for Brookdale Senior Living, which will be used to refinance a portfolio of 47 senior housing communities. Spanning 14 states, the portfolio includes 5,102 units offering independent, assisted,...
Seattle, WA Commits $108 Million to Affordable Housing
Tackling Seattle’s growing housing needs and promoting long-term affordability, Mayor Bruce Harrell has announced that the city is committing a $108 million investment in affordable housing, which will come from Seattle's 2023 Housing Levy. This initiative will...
$64.2 Million Investment to Boost Affordable Housing in Boston, MA
In a step to address Boston's housing needs, Mayor Michelle Wu has announced that $64.2 million has been earmarked for the creation and preservation of 637 affordable housing units across eight Boston neighborhoods. The funding will support twelve mixed-income housing...
$263.2M LIHTC Fund to Advance Affordable Housing Development
Red Stone Equity Partners has closed its largest low-income housing tax credit (LIHTC) fund to date, the $263.2 million Fund 113, which is earmarked for the development and rehabilitation of 1,672 affordable housing units across 19 properties in 11 states. Fund 113...
$51 Million in Awarded for Affordable Homeownership Across New York
In support of Governor Kathy Hochul's $25 billion Housing Plan to create and preserve 100,000 affordable homes, the state leader has announced that $51 million in grants have been awarded, benefiting 1,060 households across New York. Made possible through programs...
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 18-Story Student Housing Complex Coming to Ann Arbor, Michigan’s South University Avenue
Landmark Properties is developing The Metropolitan, a 241-unit student housing community located at 1208 South University Avenue in Ann Arbor, Michigan, following the successful acquisition of a 0.58-acre site which is currently home to the Galleria Mall. Located just...
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...
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