Amend, Extend, and Hope: Lenders Look to Stop the Bleeding
As apartment fundamentals continue to erode, lenders are hoping to stop the increase in multifamily delinquency rates through a variety of portfolio management efforts.
A TARP/TALF Primer: Glossary of Terms
Troubled Asset Relief Program (TARP): The initial, overarching program created by the Emergency Economic Stabilization Act of 2008 and aimed at shoring up the nation’s financial system.
Institutional Equity Waiting to Pounce
The equity market has grown more constrained this year, as pension funds, life insurance companies, and other institutions stay on the sidelines waiting for a bigger volume of distressed assets to hit the streets.
The Top 10 Multifamily Deals of the Decade
The past decade bore witness to the largest multifamily deals in history, all of which occurred before the capital markets came crashing to a halt in mid-2008.
The Wall Street Player
Editor's Note: AFFORDABLE HOUSING FINANCEhas selected 15 outstanding industry leaders under the age of 40. These 15 individuals are being featured in the June, July, September, October, and November issues.
Workforce Funding Finds Footing
Arsenal Real Estate Funds is putting its money where the market is. The Morristown, N.J.-based real estate investment manager has dedicated $152 million to investments in workforce housing, a segment of the real estate market it sees growing rapidly over the coming decade.
Add ”˜Community' to YourNext Development
San Francisco—The business of community development is booming.
Enterprise Provides Carbon Offset Funds For Mixed-Use Project
Albuquerque, N.M. —The first phase of Silver Gardens, a 119-unit transit-oriented, mixed-income housing community located here, will be the first in the nation to receive funding from the newly formed Enterprise Green Communities Offset Fund, an initiative to counter developments' carbon emissions.
Low-Cost Homes in Pricey Pasadena
PASADENA, CALIF. - When Heritage Housing Partners (HHP) identified a two-acre site near downtown, its aim was to preserve many of the historic homes on the property as well as to build new affordable housing that echoed the classic Craftsman style of the older houses.
Good LIHTC Deals Get Passed Over
Pat Nash’s phone has been ringing off the hook.