Author: capitaladmin

The Jewish Federation Apartments have a new owner that is planning an extensive makeover for the Amherst affordable housing complex. The Jewish Federation Apartments have a new owner. (Google Maps) Source: The Buffalo News Capital Realty Group, headquartered in a suburb of New York City, bought the apartments on Essjay Road for $14.4 million. The deal has been approved by the U.S. Department of Housing and Urban Development and the New York State Attorney General. The money will be paid to Jewish Federation Apartments, a s ...

COLLINSVILLE – A 161-year-old parish in the heart of Collinsville and an affordable housing community in Lebanon are the latest examples of projects completed by Louer Facility Planning Inc. In the spring, Louer worked to refresh and update the surroundings of both clients’ spaces to make them more usable and beautiful. At Ss. Peter and Paul Catholic Church, Louer provided expertise in furniture and finish selections for the church’s new parish office and expanded administrative space at 239 N. Morrison Ave. in Collinsville. ...

The Millennia Cos. takes the top spot with the acquisition of 4,630 units. RANK(VS. 2015) COMPANY INFO EXECUTIVE CONTACT AFFORDABLE HOUSING UNITS ACQUIRED IN 2016 REGION(S) ORG. TYPE 1 (2) THE MILLENNIA COS.8111 Rockside Road; Cleveland, OH 44125(216) 520-1250 | www.mhmltd.comThe Millennia Cos. added 4,630 affordable housing units to its portfolio in 2016. Frank Sinito, president and CEO 4,630 MW, NE, SC, SE For-pro ...

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Spring Valley, N.Y-based Capital Realty Group closed on the 19.8-acre Langley Square I and II apartment community at 100-130 Doolittle Road on Aug. 24 for $14.6 million. (Courtsey of Berkadia) A New York real estate firm specializing in Section 8 housing has snapped up more than 250 low-income units in Hampton. Sam Horowitz with Spring Valley, N.Y.-based Capital Realty Group said Thursday his firm closed on the 19.8-acre Langley Square I and II apartment community at 100-130 Doolittle Road on Aug. 24 for $14.6 million. Alan ...

A crime-ridden Section 8 community in East Austin is shedding its reputation after a 15-month, $250,000 effort by new owners. AUSTIN -- An East Austin apartment complex that had a reputation for so much crime, taxis would not stop there, has undergone a transformation in the last 15 months thanks to a cooperative effort by its new owners and Austin police. "I've been here nine years," Susan Baker said, walking through what used to be Mason Manor Apartments, now Lupine Terrace Apartments. "This is home." She's always kept fait ...

RANK (VS. 2013) COMPANY INFO EXECUTIVE CONTACT AFFORDABLE HOUSING UNITS ACQUIRED IN 2014 REGION(S) ORG. TYPE 1 (new) L+M DEVELOPMENT PARTNERS 1865 Palmer Ave., Suite 203; Larchmont, NY 10538 (914) 833-3000 | www.lmdevpartners.com Ron Moelis, CEO 2,290 NE, SC, W For-profit Company Fact: L+M tops the acquisition list, acquiring more than 2,200 units in five properties 2014. 2 (5) THE MILLENNIA COS. 8111 Rockside Road; Cleveland, OH 44125 (216) 520-1250 | www.mhmtld. ...

RANK (VS. 2013) COMPANY INFO EXECUTIVE CONTACT AFFORDABLE UNITS PROJECTS OWNED REGION(S) ORG. TYPE 1 (1) THE MICHAELS ORGANIZATION 3 E. Stow Road, Suite 100; P.O. Box 994; Marlton, NJ 08053 (856) 596-3008 | www.themichaelsorg.com John O'Donnell, president 46,662 367 National For-profit Company Fact:The Michaels Organization, which owns 367 affordable housing developments with 46,662 units, ...

Carnegie Towers has a new owner that borough officials think is committed to making “significant upgrades” to the federally-subsidized apartment building. Capital Realty Group of Spring Valley, N.Y., purchased the 10-story, 176-unit housing complex on March 10. They could not be reached for comment. Officials at Carnegie Towers declined to comment. The 1.8-acre property is located on Capitol Street in Carnegie. County real-estate records show the property was assessed at $2.2 million. The previous owners, Carnegie Towers ...