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Front Range Obtains $75M Refi on St. Pete Apartments

Front Range Obtains $75M Refi on St. Pete Apartments

Florida & Gulf Coast + Apartment Buildings

Front Range Partners inked a $75 million loan to refinance EVO St. Petersburg, a high-rise apartment complex in downtown St. Petersburg. Walker & Dunlop Capital Markets Institutional Advisory, led by Jonathan Schwartz, Aaron Appel, Keith Kurland, Adam Schwartz, Sean Reimer, Dustin Stolly, Michael Stepniewski, Michael Ianno and Cody Ela, arranged the fixed-rate financing provided by Freddie Mac on behalf of FrontRange Capital Partners. Delivered in 2023,...

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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 an $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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