Washington, D.C., April 02, 2020 (GLOBE NEWSWIRE) -- The District of Columbia Housing Finance Agency (DCHFA) closes out the month of March by funding two transactions, the rehabilitation and preservation of Skyline Apartments and Woodberry Village Apartments. “At DCHFA we are equally focused on preserving and modernizing existing affordable housing while also creating new units of affordable housing. Both are necessary to provide housing options for District residents at a range of income levels. The preservation of nearly 600 a ...
Top 10 Companies Completing Acquisitions in 2019
May 08, 2020Capital Realty Group takes the No. 1 spot with the acquisition of 4,542 affordable housing units last year. https://www.housingfinance.com/management-operations/top-10-companies-completing-acquisitions-in-2019_o ...
Sir Walter Apartments Acquisition
Feb 25, 2019Raleigh's historic Sir Walter building sold, affordable senior housing to remain By Jessica Patrick, WRAL digital journalist Raleigh, N.C. — Downtown Raleigh's historic Sir Walter building has been sold, officials announced Wednesday. Used as an apartment building for senior citizens, the once-hotel located at 400 Fayetteville St. has been sold for $16.8 million to Capital Realty Group. According to a press release, the 200,000-square-foot, 10-story building currently contains 140 units for senior, low-income residents. The Sir ...
Towers at Speer acquisition
Feb 25, 2019The eight-story building has 172 one-bedroom units. (Thomas Gounley) An eight-story apartment building in Lincoln Park that houses low-income tenants has changed hands. Towers Speer LLC purchased 1255 Galapago St. in Denver, known as The Tower at Speer, last week for $29 million, according to county records. The LLC lists an address that matches the headquarters of New York-based Capital Realty Group. The Galapago Street building dates to 1982, and sits on a 1.53-acre lot, a block west of Speer Boulevard, according to property r ...
Mayflower acquisition
Feb 25, 2019Akron's historic Mayflower Manor to be bought, renovated by senior-living developer Capital Realty Group Akron's historic Mayflower Hotel, which opened in 1931, will be renovated and new amenities will be added, such as community spaces and a fitness area for residents receiving housing subsidies. The current retail offerings on the ground floor will also be redeveloped.(The Plain Dealer) ...
We made it to #4 as top buyer in affordable housing for year 2017
Feb 25, 2019Top 10 Companies Completing Acquisitions in 2017 AFFORDABLE HOUSING FINANCE Jonathan Rose Cos. tops the list with the acquisition of 8,777 units. RANK (VS. 2016) Company Info Executive Contact Affordable Housing Units Acquired in 2017 Regions Org Type 1 (10) JONATHAN ROSE COS.551 Fifth Ave., Suite 23; New York, NY 10176 (917) 542-3600 website Nathan Taft, managing director, acquisitions 8,777 MW, NE, SE, W For-profit With the purchase of Forest City Realty Trust’s affordable housing business, including 48 propertie ...