From high rises in Midtown to the Downtown revitalization, Atlanta, Georgia, is quickly becoming one of the top markets for multifamily investment in the United States. With its strong economy, growing population, and favorable real estate market, Atlanta is an attractive destination for real estate...
Savannah’s historic Manger building may be converted (back) to hotel About 37 years after it was converted into an office building, the historic Manger building overlooking downtown Savannah’s Johnson Square may be returning to its roots. A zoning amendment approved by the Metropolitan Planning Commission last week...
By Reba Hull Campbell Richard Burts, Robert Lewis, and Bob McConnell bought 701 Whaley in Olympia in 2006. Over the course of the next two years, they restored the building so it could be used as an event space and as office space. Photography by Clark...
Published by Mark O’Meara on Tuesday, June 2, 2020 While COVID-19 is affecting the global economy, low-income housing tax credit (LIHTC) investors and syndicators say the tax credit equity market is still active. “Investors are continuing the course. They are moving forward on projects and continuing their business plans,” said...
It is not just that housing costs are too high, but that incomes are too low, says a Tufts urban planning professor “The COVID-19 outbreak and stay-at-home orders shine a spotlight on the fundamental importance of housing,” said Shomon Shamsuddin. By Kalimah Redd Knight June 2, 2020 America is...
The low-income housing sector won’t be greatly affected and will recover quicker than other real estate categories. By Tasha Norman | May 15, 2020 at 05:14 PM The COVID-19 crisis is leading to economic uncertainty and it is predicted will result in an economic recession. Yet, according to studies, the...
The South Carolina General Assembly passed the Workforce and Senior Affordable Housing Act on May 12, 2020, and the Act was signed into law by the Governor on May 14, 2020. The Act is effective for qualified projects placed in service after January 1, 2020...
Published by H. Blair Kincer on Thursday, April 16, 2020 - 12:00am The coronavirus pandemic, or COVID-19, is having a huge impact on global health and the economy. At this time, opinions from low-income housing tax credit (LIHTC) investors and syndicators present a wide range of viewpoints...
April 5, 2020 Dean Boerner, Bisnow San Francisco Although all of commercial real estate has entered the world of uncertainty that is April 2020, it can be safely said the affordable housing crisis isn't going anywhere. How equipped the multifamily sector is to address that crisis amid the...
By Rebecca Fenwick Posted Feb 6, 2020 at 5:54 PM Have you ever heard someone in the construction industry bemoan the costs associated with historic rehabilitation? “It would have been cheaper to build it new,” is a common lament. Often, however, money is left on the table, as many are unaware of...