REDICO and Ciel Senior Living Form Joint Venture to Develop Senior Living Community in Rehoboth Beach Delaware

REDICO and Ciel Senior Living have formed a joint venture to design and build a new senior living community in Rehoboth Beach, Delaware. The project is positioned to meet growing demand for high-quality senior housing in Sussex County and the surrounding region while reflecting renewed confidence in developing and financing new senior housing communities. Under […]

WNC and Associates Closes Two Hundred Ten Million National Low Income Housing Tax Credit Fund To Preserve and Create Affordable Housing in Thirteen States

WNC & Associates has closed WNC Institutional Tax Credit Fund 59, L.P. (Fund 59), a $210 million national Low-Income Housing Tax Credit fund that will finance the creation and preservation of affordable housing across 18 communities in 13 states. Fund 59 will invest in 2,015 affordable housing units located in Alaska, California, Florida, Indiana, Kentucky, […]

Kennedy Wilson with Kenedix and Hulic Acquire Carraway in West Harrison New York Expanding East Coast Multifamily Platform

Kennedy Wilson, together with long-standing Japanese partners Kenedix, Inc. and Hulic Co., Ltd., has acquired Carraway, a 421‑unit multifamily community in West Harrison, New York, for $237 million. The transaction expands Kennedy Wilson’s investment management platform and extends its presence on the East Coast. Completed in 2021, the Class A property sits in Westchester County, […]

Walker and Dunlop Arranges Financing for Five Property Workforce Housing Portfolio in Arkansas and Florida

Walker & Dunlop has arranged $232,352,000 in financing for a five-property multifamily portfolio totaling 1,585 units across Arkansas and Florida. The portfolio is composed primarily of workforce housing and includes one income-restricted affordable community. Walker & Dunlop Capital Markets Real Estate Finance arranged the financing on behalf of long-time client Aspen Square Management. Connor Locke, […]

Rockpoint and The Kolter Group Form Joint Venture to Develop The Sutton Four Hundred Thirty Two Unit Community in Palm Beach Gardens

Rockpoint and The Kolter Group have formed a joint venture to develop The Sutton, a 432-unit multifamily community in Palm Beach Gardens, Florida. The transaction covers acquisition of the site and its development, with PNC Bank providing financing for the project. Scheduled for completion in 2028, The Sutton will include 432 studio, one-, two-, and […]

Kennedy Wilson and Jamison Form Strategic Partnership to Deliver Approximately Four Thousand Affordable Housing Units Across Los Angeles

Kennedy Wilson and Jamison have formed a strategic partnership to deliver approximately 4,000 affordable housing units across Los Angeles through a mix of adaptive reuse and ground-up construction. The venture pairs Jamison’s newly launched affordable housing arm, Arden Residential, with Kennedy Wilson’s Vintage Housing development joint venture. The initiative begins with the conversion of the […]

LifeCare Development Enters Tennessee With The Blake At Chattanooga Assisted Living And Memory Care Community

LifeCare Development has announced plans for The Blake at Chattanooga, a new high-end assisted living and memory care community to be located at 7333 McCutcheon Road in Chattanooga, Tennessee. The community will include 118 apartments, with 73 assisted living apartments and 45 memory care apartments. Sitework and construction are expected to begin in late summer […]