Top 10 Companies Completing Acquisitions in 2019

May 08, 2020

Capital Realty Group takes the No. 1 spot with the acquisition of 4,542 affordable housing units last year. https://www.housingfinance.com/management-operations/top-10-companies-completing-acquisitions-in-2019_o ...

Read More

Jewish Federation Apartments sold to New York City firm

Aug 15, 2019

The Jewish Federation Apartments have a new owner that is planning an extensive makeover for the Amherst affordable housing complex. The Jewish Federation Apartments have a new owner. (Google Maps) Source: The Buffalo News Capital Realty Group, headquartered in a suburb of New York City, bought the apartments on Essjay Road for $14.4 million. The deal has been approved by the U.S. Department of Housing and Urban Development and the New York State Attorney General. The money will be paid to Jewish Federation Apartments, a s ...

Read More

Sir Walter Apartments Acquisition

Feb 25, 2019

Raleigh's historic Sir Walter building sold, affordable senior housing to remain By Jessica Patrick, WRAL digital journalist Raleigh, N.C. — Downtown Raleigh's historic Sir Walter building has been sold, officials announced Wednesday. Used as an apartment building for senior citizens, the once-hotel located at 400 Fayetteville St. has been sold for $16.8 million to Capital Realty Group. According to a press release, the 200,000-square-foot, 10-story building currently contains 140 units for senior, low-income residents. The Sir ...

Read More

Towers at Speer acquisition

Feb 25, 2019

The eight-story building has 172 one-bedroom units. (Thomas Gounley) An eight-story apartment building in Lincoln Park that houses low-income tenants has changed hands. Towers Speer LLC purchased 1255 Galapago St. in Denver, known as The Tower at Speer, last week for $29 million, according to county records. The LLC lists an address that matches the headquarters of New York-based Capital Realty Group. The Galapago Street building dates to 1982, and sits on a 1.53-acre lot, a block west of Speer Boulevard, according to property r ...

Read More

Mayflower acquisition

Feb 25, 2019

Akron's historic Mayflower Manor to be bought, renovated by senior-living developer Capital Realty Group Akron's historic Mayflower Hotel, which opened in 1931, will be renovated and new amenities will be added, such as community spaces and a fitness area for residents receiving housing subsidies. The current retail offerings on the ground floor will also be redeveloped.(The Plain Dealer) ...

Read More

We made it to #4 as top buyer in affordable housing for year 2017

Feb 25, 2019

Top 10 Companies Completing Acquisitions in 2017 AFFORDABLE HOUSING FINANCE Jonathan Rose Cos. tops the list with the acquisition of 8,777 units. RANK (VS. 2016) Company Info Executive Contact Affordable Housing Units Acquired in 2017 Regions Org Type 1 (10) JONATHAN ROSE COS.551 Fifth Ave., Suite 23; New York, NY 10176 (917) 542-3600 website Nathan Taft, managing director, acquisitions 8,777 MW, NE, SE, W For-profit   With the purchase of Forest City Realty Trust’s affordable housing business, including 48 propertie ...

Read More

Louer Facility Planning Inc., Ss. Peter & Paul Church and Cedars of Lebanon

Aug 01, 2017

COLLINSVILLE – A 161-year-old parish in the heart of Collinsville and an affordable housing community in Lebanon are the latest examples of projects completed by Louer Facility Planning Inc. In the spring, Louer worked to refresh and update the surroundings of both clients’ spaces to make them more usable and beautiful. At Ss. Peter and Paul Catholic Church, Louer provided expertise in furniture and finish selections for the church’s new parish office and expanded administrative space at 239 N. Morrison Ave. in Collinsville. ...

Read More

Top 10 Companies Completing Acquisitions in 2016

Apr 04, 2017

The Millennia Cos. takes the top spot with the acquisition of 4,630 units. RANK(VS. 2015) COMPANY INFO EXECUTIVE CONTACT AFFORDABLE HOUSING UNITS ACQUIRED IN 2016 REGION(S) ORG. TYPE 1 (2) THE MILLENNIA COS.8111 Rockside Road; Cleveland, OH 44125(216) 520-1250 | www.mhmltd.comThe Millennia Cos. added 4,630 affordable housing units to its portfolio in 2016. Frank Sinito, president and CEO 4,630 MW, NE, SC, SE For-pro ...

Read More