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Love makes $55M appear for New Jersey project
07
Love Funding closed two loans totaling $55.6 million for the construction and permanent financing of Riverside Village Senior Apartments and Riverside
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Standard makes $38M bet senior housing in Atlantic City
05
In its first acquisition in New Jersey, Standard Communities, the affordable housing division of Standard Companies, has acquired Baltic Plaza Apartments
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Public has 60 days to comment on plan for public housing smoking ban
05
U.S. Housing and Urban Development (HUD) Secretary Julián Castro and Surgeon General Dr. Vivek Murthy have announced a plan to make the nation’s public
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Fairstead to rehab 900 affordable homes with $310M in HUD loans
05
414 West 48th Street in Manhattan’s Midtown West Fairstead, a real estate firm committed to the preservation of high quality housing, announced the
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Industry joins with city to slam plan to ban immigrants from public housing
05
The city and the real estate industry has come together to rail against what they calls a callous government plan to throw families out of their homes
Debt & Equity
Dwight Capital moves to be nation’s biggest HUD lender
00
Dwight Capital, one of the nation’s largest private commercial real estate lenders, has acquired Love Funding, the HUD lending subsidiary of Midland States Bank.
Debt & Equity
Changes in HUD regulations inject new life into reverse mortgages
00
By Frank Melia, Business Development Manager, Quontic Bank It’s hard to recall a more beleaguered financial product than the reverse mortgage.
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$105M in loans to preserve affordable apts. in Manhattan and Queens
05
199 Avenue B Greystone has provided approximately $105 million in total HUD-insured financing to preserve over 480 units of affordable housing at properties
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Merchants makes $66M commitment to senior housing
06
Mortgage banking company Merchants Capital has structured $66 million in permanent financing for Goddard Riverside Community Center’s Phelps House, a 169-unit
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Greystone, Lappin JV a ‘life raft’ for affordable housing owners
05
Investment advisor Greystone has formed a joint venture with affordable housing company Lappin Associates. The joint venture will aim to deploy billions
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State’s public housing authorities to share $42M HUD funding
05
New York’s public housing authorities will share in $42 million in federal aid to cover the cost of protecting tenants and staff during the coronavirus pandemic.
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Government must lay foundations for a more affordable tomorrow
05
Millions of American renters were struggling to pay rent each month even before the COVID-19 pandemic ushered in an unprecedented economic crisis.