A new report refutes the misconception that rental apartments priced for the middle-income workforce such as teachers, nurses and first responders have a lower return on investment than apartments with higher rent levels, paving the way for moderate-income rental housing to be a competitive ESG investment.
Tag: Commercial/Multifamily Briefs
Commercial/Multifamily Briefs from PNC Bank, Fannie Mae, CBRE
PNC Bank, N.A., Pittsburgh, closed a $181 million fund to develop and rehabilitate affordable rental housing for families and seniors. PNC said the fund will provide financing for nearly 1,800 affordable housing rental units at 17 multifamily properties across 13 states.
Commercial/Multifamily Briefs July 14, 2022
Commercial and Multifamily Briefs from TIAA Bank, Brook Farm Group
Commercial/Multifamily Briefs July 7, 2022
Commercial and multifamily briefs from EQT Exeter, Redwood Capital Group, Colliers and Versus Capital.
Commercial and Multifamily Briefs June 16, 2022
Commercial and Multifamily Briefs from AXCS Capital, George Smith Partners, Walker & Dunlop,
CMF Briefs from EQT Exeter, Redwood Capital Group, Fannie Mae
EQT AB, Stockholm, Sweden, agreed to acquire Redwood Capital Group, Chicago, a residential core plus and value-add investment manager.
Commercial and Multifamily Briefs May 5, 2022
Commercial and Multifamily Briefs from CBRE, Colliers, Rockwood Capital.