Keeping the Faith
DENVER—This is how many aff ordable housing units Mercy Housing owns: 14,515. This is how many units Mercy has in some phase of development: 5,400. And this is how many Mercy wants to participate in over the next fi ve years: 65,000.
AIMCO Consolidates Senior Management
Denver-based Apartment Investment and Management Co. (AIMCO) has decided to consolidate its senior management ranks
Denver Project Receives State’s First TCAP Award
The Colorado Housing and Finance Authority has awarded $1.7 million in Tax Credit Assistance Program (TCAP) funds to Community Housing Concepts, Inc
SAN FRANCISCO - A two-year-old decision that put a significant number of housing units on hold in San Francisco’s eastern neighborhoods has been lifted.
NAA Uses Star Power at Conventions
To raise its profile as an advocate for balanced housing policy, the National Apartment Association (NAA) hosted town hall luncheons with members of Congress, public officials, media, NAA membership, and celebrities at the Democratic National Convention (DNC) in Denver and the Republic National...
Mark C. Williams has joined Red Mortgage Capital, Inc., as a director in its new Denver office.
Another Side of Aimco
DENVER -- Best known for its substantial market-rate property portfolio, Apartment Investment and Management Co. (Aimco) has also claimed a big stake in affordable housing.
Green Takes Flight at Stapleton
DENVER - Talk about a gold star: The 18 affordable apartments at Central Park at Stapleton here have met the toughest residential green building standard on the books—the gold certification in Leadership in Energy and Environmental Design (LEED) for Homes from the U.S. Green Building Council.
REGIONAL MARKETS: NATIONWIDE
Naperville, Ill. —A fund managed by Hartford, Conn.-based UBS has acquired Thornberry Woods, a 280-unit complex in this Chicago suburb for $39.2 million.
W.A.C. Lighting has promoted Christopher Verone to Western territory sales manager. He will work with showrooms and residential sales agencies west of Denver, and with designers, engineers, specifiers, and commercial sales agencies througout the region to grow the company's commercial division, W2...