Press releases & articles - May 2024
Pension funds hold trillions of dollars in assets and invest heavily in commercial real estate, but many have historically viewed the affordable housing sector as too risky.
Foxtrot is poking its head back out of the den.
The high-end grocery and convenience store chain is aiming to reopen multiple locations in Chicago and Texas after suddenly closing 33 shops in those markets as well as Washington, D.C. on April 23.
It’s no secret that the dire shortage of affordable housing is an ongoing issue throughout the nation. The National Multifamily Housing Council reported in 2022 that the United States would need to build 4.3 million new apartments by 2035 to meet demand. The report also stated that the nation’s number of affordable housing units declined by 4.7 million from 2015 to 2020.
MacFarlane Partners and Avanath Capital Management filed plans April 29 to build an affordable senior housing development in the Fillmore neighborhood of San Francisco as part of Freedom West 2.0, a $2B redevelopment project.
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