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The 100-unit complex features zoned HVAC, Energy Star-labeled windows, and Green Label-certified carpeting.
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Investors and syndicators discuss the year ahead for the equity market.
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Whoever occupies the White House and Congress next year will encounter a host of isssues critical to the apartment industry. Will they act, or punt once more?
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Agencies and large banks alike found affordable housing to be a highly profitable business line in 2011.
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Longtime CEO Bob Greer helps Michaels Development Co. stay on top of the multifamily builder leaderboard by focusing on flexibility, diversity, and market dominance.
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CWCapital will soon open a low-income housing tax credit (LIHTC) syndication business, Affordable Housing Finance has learned.
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Like just about everyone else in the industry, Dick Kadish, president of Bethesda, Md.-based CAPREIT, hadn’t seen a lot of hard asset acquisitions coming his way over the past couple of years. But that didn’t keep him from working on deals.
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As the tax-credit exchange program continues to gather steam, many developers find that the biggest impediment to breaking ground is finding the debt.
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Citi Community Capital has closed a $1 billion debt and equity fund to help revive the struggling low-income housing tax credit market.
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Faced with plummeting prices and an exodus of investors, the market for low-income housing tax credits (LIHTCs) is at a historic nadir.