HUD
California Housing Costs Soar to 2.3X Texas Levels as Construction Regulations Take Heavy Toll
New RAND study reveals stark regional differences in multifamily housing production costs, with policy reforms offering potential solutions California’s notoriously high housing costs...
Report: California’s Homelessness Crisis Deepens Despite Massive Spending
California’s homelessness crisis has reached a breaking point, with nearly 187,000 individuals living on the streets or in shelters as of January 2024,...
Homeownership Dreams Dashed: The Great Affordability Crisis
Sarah and Mark had been diligently saving for a house for years. Both were gainfully employed, but even with a healthy six-figure combined...
Jonathan Rose Cos. Acquires Mission Gardens Apartments in Santa Cruz, CA for $34.05MM
The affordable housing developer will preserve affordability of the Project-Based Section 8 Community in perpetuity. (EDITOR’S NOTE: According to sources with direct knowledge...
HUD Charges Redwood City-Based Mortgage Modification Service with Housing Discrimination
Charge alleges that service preyed on Hispanic homeowners trying to save their homes from foreclosure WASHINGTON – The U.S. Department of Housing and...
Fully-Affordable Apartment Asset in Berkeley Sells for $72.1MM
Berkeley, CA – Greysteel, a national commercial real estate investment services firm, has brokered the sale of and secured the acquisition financing for Redwood...
Palo Alto Commons Secures Nearly $45MM in Refinancing
Palo Alto, CA (October 26, 2020) – Gantry, the largest independent commercial mortgage banking firm in the U.S., secured a $45,000,000 loan for...
HUD Awards $472MM to Public Housing Authorities to Help Keep Residents Housed
CARES Act Funding provides additional funding to public housing authorities WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) Secretary Ben...
Beautiful but Affordable: David Baker Architects on Creating Dignified Affordable Housing
By Meghan Hall When David Baker Architects first got its start as a firm, attitudes towards multifamily development—especially affordable housing projects—were markedly different...
“Hope is Never a Strategy That Works”: Lessons from The Great Recession and Lending During COVID-19
By Meghan Hall Irvine, Calif.-based Sabal Capital Partners was founded in the middle of The Great Recession of 2008-2009, meaning that in order...
HUD Awards Additional $15MM to Fight Housing Discrimination
Grants to support and promote fair housing nationwide WASHINGTON – To help end housing discrimination, the U.S. Department of Housing and Urban Development (HUD)...
Ziegler Closes $54.045MM Channing House Financing in Palo Alto
CHICAGO, IL – Ziegler, a specialty investment bank, is pleased to announce the successful closing of the $54,045,000 tax-exempt, fixed-rate Series 2017 financing...
