El Monte Veterans Village is an oasis for homeless vets.
MHN talks to Maria Barry, community development banking executive at Bank of America Merrill Lynch, and Maria Joyce, a senior vice president in community development banking who has worked directly on the New Directions Sepulveda project, about their unique partnership.
HFF arranged the funding on behalf of The Congress Group and AECOM Capital, developers of the 542-foot-tall tower that will feature luxury condominiums.
Stonegate Development secured a $2.1 million bridge loan from LV Lending to refinance an upcoming 90-unit, Class A community close to Lake Nona.
More than 170 units at Concord Houses in the South End neighborhood will stay affordable for at least the next 40 years.
Transfer to Preserve is among several programs launched by Mayor Bill de Blasio’s administration to raise capital for repairs at the city’s NYCHA sites.