Davis-Penn Mortgage Co. recently closed a HUD-221d(4) for the renovations of Anna Dupree Terrace Apartments. The 151-unit, seniors apartment community has an existing HAP contract, and the Developers pursued tax exempt bond financing with non-competitive 4% Low...
From Housing Wire Freddie Mac, which re-entered the Low-Income Housing Tax Credit market last year after nearly 10 years away, is partnering with RBC to provide more than $180 million for affordable rental housing. Freddie Mac announced Tuesday that it closed a...
From Caller Times The Coastal Bend economy is described as "robust." Unemployment is the lowest in a decade at 4.3 percent. Corpus Christi added about 4,200 non-farm jobs, a growth of 2.2 percent from 2017, according to the Texas A&M University-Corpus Christi...
From the Dallas Business Journal A dozen developers have been chosen by the Dallas Housing Authority to help reinvigorate residential properties across the city. As reported by the Dallas Morning News, the city’s public housing authority announced in June that it...
New Hope Housing’s latest development will provide 170 studio apartments.New Hope Housing has broken ground on its ninth affordable single-room occupancy (SRO) housing community. It will be one of the first affordable housing developments to begin construction...
SAN ANTONIO - A plan to revitalize the Victoria Courts Commons area near Hemisfair Park has been decades in the making, and now it's becoming a reality. You may have seen Hemisview Village and Refugio Apartments in that area. And now, a new higher-end...
Foundation Communities has laid the foundation for their latest affordable housing community in Mueller, opening in 2019! The Jordan will be located in the Mueller neighborhood in East Austin. This new community will provide 132 deeply affordable, service-rich...
The 102-unit Kaia Pointe apartment complex celebrated a grand opening Nov. 29 at 104 Gatlin Creek Drive, Georgetown. The complex, built by Saigebrook Development, offers 1-, 2- and 3-bedroom units with 78 percent of its units leased at...
Boston Capital is investing in the construction of Aria Grand, a 70-unit apartment community for families in Austin, Texas. The developer partners are O-SDA Industries and Saigebrook Development LLC, based in Austin. Located in the Travis Heights neighborhood in...
AUSTIN, TEXAS — Bellwether Enterprise Real Estate Capital LLC has arranged a $23.7 million Fannie Mae acquisition loan for Preserve at Wells Branch, a 308-unit multifamily community in Austin. The community offers one- and two-bedroom units and amenities such as a...
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