Global Holdings, in partnership with MacArthur Holdings and Tankhouse, marked the topping out of the luxury mixed-use residential tower Anagram Gowanus. Located at 450 Union St. in the Gowanus neighborhood of Brooklyn, this is the fifth building within Global Holdings’ Anagram residential portfolio and its first outside Manhattan. Anagram Gowanus is slated for completion in the second quarter of 2027. ...
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By Clearinghouse CDFI Housing for those who are experiencing homelessness is essential and in short supply. At the same time, Single Room Occupancy (SRO) properties for people experiencing homelessness sometimes carry negative connotations, despite their long-standing role in providing deeply affordable housing in urban communities. But not all SROs are destined to be old, decrepit buildings,...
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WNC & Associates, investor CVS Health and co-developers Freeport Housing Trust and Best Apartments, Inc. have begun construction on Varney Heights, a 42-unit affordable seniors housing community in Freeport, ME. Construction on the 16-million project is expected to be completed in September. “Varney Heights represents an important investment in Freeport’s future, especially for the older...
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The NHP Foundation (NHPF) and Gibson Spyre have been selected by the Fairfax County Redevelopment and Housing Authority to redevelop 5831 Columbia Pike in Bailey’s Crossroads, Virginia. “This development offers a powerful example of how local government, non-profits, and community-based partners can work together to advance equitable development and opportunity for all,” said Eric Price,...
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Vancouver city planners have reversed their earlier position and are backing the proposed redevelopment of the former Army & Navy department store on the Downtown Eastside. City staff say that a newly submitted proposal than an earlier version that failed to win their support. Planners say the revised proposal is better, even though the project...
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Uptown Oaks at The Hallmark, will add a 21-story high-rise to the existing luxury senior community, with 120 high-end independent living residences. Construction is anticipated to begin in 2027, with occupancy starting in 2030. Its location is 4718 Hallmark Drive in Houston. This new residential addition will offer a wellness destination with a yoga studio...
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JPI in partnership with Anchor Loans closed on construction financing for Jefferson Southwest Parkway, a planned $114 million Class A garden-style apartment community located at 4700 Lake Ridge Parkway in Grand Prairie, Texas. Slated for delivery in 2027, Jefferson Southwest Parkway will feature 439 multifamily units, including studio, one-, two-, and three-bedroom apartments. A suite of amenities includes a pool,...
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Pinnacle Housing obtained $68 million in construction and equity financing for Caribbean Isles, a 142-unit affordable senior housing project in Miami. The future community will have residences designated for individuals ages 62 and over, earning 60 percent of the area’s median income. Multihousing News reports Pinnacle is developing the project with South Miami Heights Community Development...
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