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Aspire would be spending $582.4M on nine initial multifamily properties across the country, six of which are located in opportunity zones.
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Avanath is looking to cap per-unit apartment construction at $300K using modular panelized construction.
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Avanath Capital Management closes its second affordable housing fund, which attracted a diversity of investors for its high returns.
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Build more housing, and rents will stabilize in the Bay Area, experts say.
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In a somewhat surprising turn, recent city, state and federal policy changes have led to more funding opportunities for affordable housing in Baltimore.
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Don't miss any deals.
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CIM Group is looking at the Atlanta, Oakland, Los Angeles and Dallas areas, and it aims to cluster investments in neighborhoods to help increase values.
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Now that the final regulations have come out, many expect investments in opportunity zones to increase
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The average age people enter senior housing is rising, so developers are building communities designed for those not ready for traditional senior living.
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84% of tenants paid rent by April 12, up 15 percentage points from the prior week.
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