California rental housing developers could be required to fund grocery store construction or set aside space for a future store near their projects under a bill being considered in the state Legislature,... Read more »
A new report from the Mortgage Bankers Association’s (MBA) Research Institute for Housing America (RIHA), MBA’s 501(c)(3) trust fund that supports independent research on housing finance and policy, found that while pandemic-era... Read more »
BRIDGE Housing, a San Francisco-based nonprofit affordable housing owner and developer on the West Coast, announced the first close of BRIDGE Housing Impact Fund I with more than $92 million. Investors include... Read more »
The report on the Home Equity Conversion Mortgage (HECM) book of business inside the Mutual Mortgage Insurance (MMI) Fund served as another positive development for the program. The estimated economic net worth... Read more »
Sagard Real Estate, formerly EverWest Real Estate Investors, acquired Vista Imperio, a 158-unit suburban garden-style multifamily property in Riverside, for an undisclosed sum. The acquisition is the first for Sagard’s newest, moderate... Read more »
The U.S. Department of Housing and Urban Development (HUD) and the Federal Housing Administration (FHA) reported a solid year of financial performance for the Mutual Mortgage Insurance (MMI) Fund, covering FHA’s Title... Read more »
Turner Impact Capital has launched its third multifamily housing fund to address the country’s housing affordability crisis. Turner Multifamily Impact Fund III (TMIF III) seeks to raise up to $750 million of... Read more »
Worthe Real Estate Group has hired a chief investment officer to run its first real estate fund. The Santa Monica-based developer has named Chris Graham to run the firm’s inaugural fund, dubbed... Read more »
Cambia Capital, a Seattle-based real estate investment firm focused on eco-friendly and sustainable real estate projects, announced the initial close of its Douglas Fir Fund with $20 million of initial investment. The... Read more »
Accord Group Holdings LLC, a global real estate strategic investment and capital advisory firm based in San Francisco, served as the exclusive financial advisor to the Bixby Land Company in its establishment... Read more »