May 4, 2021 Press Release
San Francisco – Speaker Nancy Pelosi joined Mayor London Breed at the Grand Opening of the Edwin M. Lee Apartments at Mission Bay. Below are the Speaker’s remarks:
Speaker Pelosi. Peace, joy, hope, love, Norman, he’s still here, but he s also – we re joined by Malcolm as well. Malcolm Yeung, thank you. Thank you to Chinatown Community Development Center.
The Mayor talked about this taking a village, and I want to follow up on her very apt theme. And this village is led by Mayor London Breed. She – on this housing subject for her whole official life and probably before that in a volunteer basis. So, many of the things that came to fruition here, have their roots in work that she did as a supervisor, and of course now as Mayor.
JLL brokers sale of affordable housing development in Bolingbrook May 5, 2021
JLL Capital Markets announced today it has closed the $93.5 million sale and arranged a $60.825 million acquisition financing for the Riverstone Apartments, an affordable housing community located in Bolingbrook, Illinois, a southwest Chicago suburb.
JLL represented the seller, Jackson Square Properties, to complete the sale to the buyers, Alliant Strategic Investments and Nuveen Real Estate. JLL also worked on behalf of Alliant Strategic Investments and Nuveen to secure the acquisition financing through Freddie Mac. The loan will be serviced by JLL Real Estate Capital, LLC, a Freddie Mac Optigo℠ lender. The Buyer will maintain the affordability requirements on all units through 2036.
Access to affordable housing remains a challenge in Virginia as in many states. During the 2021 General Assembly session, Virginia adopted a Low Income Housing Tax Credit and initiated.
Carmel s Merchants Capital adds SVP to co-lead tax credit equity syndications divsion rejournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rejournals.com Daily Mail and Mail on Sunday newspapers.
CARMEL, IN - Multifamily housing financier Merchants Capital has hired Linda Hill as Senior Vice President in the Merchants Capital tax credit equity syndications division, the company’s newest business offering.
Based out of San Francisco, Hill will co-lead the tax credit equity investor relations and syndications platform at Merchants Capital and manage equity relationships with many of the top affordable housing sponsors in the United States.
Hill is a recognized leader in the affordable housing industry with an impressive career spanning 25 years at some of the nation’s top syndicators.
“Linda is a visionary in affordable housing finance,” said Julie Sharp, Senior Vice President at Merchants Capital. “Her tremendous ability, track record and experience strengthens our relationships with key industry developers and investors and elevates our capabilities as an organization.”