DCHFA kicks off FY 2024 with a strategic investment in senior living, issuing $59.6M in bonds for Edgewood Commons V to enhance affordable housing. Aiming to empower Ward 5's seniors, this 151-apartment project, backed by a loan from the Housing Production Trust Fund, marks a commitment to community upliftment through access to budget-friendly housing solutions.

DCHFA launches FY 2024 with a $59.6M investment in tax-exempt bonds and over $53M in equity for Edgewood Commons V, enriching Ward 5 with 151 senior apartments. Christopher E. Donald highlights the project's contribution to affordable senior housing.

San Diego's Symphony at Del Sur, a new workforce housing project, embarks on providing quality affordable housing for middle-income families. Spearheaded by Affirmed Housing and HP Investors, this community-focused development is set to feature 171 apartments and commercial spaces, backed by the city's streamlined permit initiative, enhancing accessibility to essential resources and amenities.

Thrive Living, in partnership with JPMorgan Chase, pioneers a new 376-unit affordable housing complex at 1457 North Main Street Los Angeles, targeting completion by December 2024 and catering to earners up to 80% AMI.

Mill Creek Residential announces preleasing for Modera Georgetown, a luxury community that blends modern sophistication with Georgetown, Texas's charming vibe. Offering high-end amenities and situated just 25 miles from downtown Austin, it promises exceptional living amidst a booming locale.

Thompson Thrift, an established real estate company, has announced the development of The Junction at Rockledge, a 380-unit Class A apartment community in Rockledge, Florida. The project seeks to address the gap in multifamily residential offerings in the region, which is seeing significant growth. The Junction at Rockledge will sit on 25 acres, offering one-, two-, and three-bedroom apartments along with high-end amenities, such as fitness centers, pools, and beachfront facilities, to cater to rising living standards and remote working trends.

MG Properties strengthens its presence in Denver, Colorado, with the $76m acquisition of the Bear Valley Park Apartments. This is the third multifamily acquisition for the leading real estate investor in the Denver region in 2023. Located on the Lakewood border in Southwest Denver, the residential community offers a premium suburban living experience with quick access to the Southeast Business Corridor and Downtown Denver. Completed in collaboration with Jackson Square Properties and JLL Capital Markets, this deal underlines MG Properties' continued investment in the promising Denver real estate market.