Distressed Acquisition and Mixed Use Residential Rental Development Opportunity, Westchester NY

Projected capital structure: $98MM ($24MM equity ($13.3MM needed for site acquisitions), $74MM debt LTC 76%) 231,000zsf (120 residential units 96k […]

Historic Waterfront Mixed Use (Affordable Residential Rental/Office/Hotel/Retail) Development Opportunity, NYC

Projected capital structure: $3.2B ($1.1B equity / $2.1B debt 65% LTC) 5.6MM gsf (4,200 residential units, 2.4MM sf (50%) / […]

Distressed Shovel Ready Residential Rental Development Opportunity, Westchester NY

Proj. capital structure: $86.9MM ($12MM equity needed by new Sponsor.  $17MM sunk costs from previous Sponsor), ($25MM low cost 15 […]

How luxury units turn into affordable housing

Building more high-end apartments doesn’t sound like a quick fix for the affordable housing crisis. But maybe you just have […]

Everything you need to know about NYC’s affordable housing lottery

Believe it or not, it was only seven years ago that the city’s affordable housing application process went digital. The website, NYC Housing Connect, launched […]

Report: High-Opportunity Neighborhoods in NYC are Losing Affordable Housing

Many property owners in New York City’s higher-opportunity neighborhoods are converting their subsidized properties to market-rate when their affordability restrictions […]

A billion-dollar empire made of mobile homes

Peter Whoriskey SMYRNA, Tenn.— It’s not fancy. But in the exurbs of Nashville stands part of a billion-dollar real estate […]

20 Countries Where You Can Retire Comfortably on $150K

20. Croatia With more than 1,000 islands to explore off its shores, seaside towns, mountain getaways and a simple, peaceful […]

Rent Is Affordable to Low-Wage Workers in Exactly 12 U.S. Counties

For millions of Americans, housing costs are perversely mismatched to hourly wages. In 2017, the average U.S. worker would need […]

This is where new graduates can do the impossible: Find a home and a well-paid job

San Francisco is popular for technology graduates, but it’s also one of the most expensive cities in the country to […]