CBRE US Multifamily Insights

CBRE US Multifamily Insights
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KeyBank Provides $93M Financing for South LA Affordable

KeyBank Provides $93M Financing for South LA Affordable

California & West + Apartment Buildings

KeyBank Community Development Lending and Investment (CDLI) provided $92.9 million in financing for Broadway & Imperial, a new 166-unit affordable housing development in South Los Angeles. The financing package includes a $43.8-million construction loan and a $18.1 million federal Low-Income Housing Tax Credit equity investment from KeyBank CDLI. Key Commercial Mortgage Group arranged a $31-million...

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NYC Fast-Tracks 12 Community Districts for Affordable Housing Production

NYC Fast-Tracks 12 Community Districts for Affordable Housing Production

New York & Tri-State + Apartment Buildings

New York City Zohran Mamdani and the Department of City Planning on Thursday announced 12 community districts that will see affordable housing production fast-tracked beginning in January 2027. The 12 districts represent nearly one-fifth of the city’s 59 community districts but have produced just 1.1% of the city’s new affordable housing over the past five...

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Erin Mills Mall Owners Clear OLT Hurdle For 3,162-Unit Redevelopment

Erin Mills Mall Owners Clear OLT Hurdle For 3,162-Unit Redevelopment

Canada + Apartment Buildings

A nine-tower, 3,162-unit redevelopment of Erin Mills Town Centre has cleared a major Ontario Land Tribunal hurdle, moving a key piece of the Mississauga mall’s long-term intensification plan forward. The decision covers the northwest corner of the property at 5100 Erin Mills Pkwy., where two one-storey commercial buildings and 532 parking spaces would eventually give...

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