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LIHC Investment Secures Refi for 2 Affordable New Jersey Communities

LIHC Investment Secures Refi for 2 Affordable New Jersey Communities

by Gordon Holman | Feb 3, 2020 | LIHC News

in: Multi-Housing News by: Laura Calugar on: January 28, 2020 Rockport Mortgage closed the FHA Section 223(f) loans for properties in Verona and Pine Hill. LIHC Investment Group has obtained two loans for the refinancing of Verona Senior Citizens Apartments in Verona,...
Investors partner on $170M Bronx affordable housing purchase

Investors partner on $170M Bronx affordable housing purchase

by Gordon Holman | Jan 6, 2020 | LIHC News

in: The Real Deal by: Eddie Small on: January 2, 2020. Portfolio in the northern Bronx spans eight buildings and 1,275 units. A trio of real estate companies have joined together to buy an affordable housing portfolio in the Bronx for $170 million, the firms announced...
Low-income housing with waterfront views in Portland sold to investment firm

Low-income housing with waterfront views in Portland sold to investment firm

by Gordon Holman | Apr 10, 2019 | LIHC News

The existing 140 units at Munjoy South must remain available for low-income renters. Portland Press Herald | by Randy Billings April 8, 2019 – A low-income housing development with harbor views in a rapidly gentrifying area of Portland has been sold to an...
LIHC Preserves Affordability for Boston Community

LIHC Preserves Affordability for Boston Community

by Gordon Holman | Jan 22, 2019 | Press Releases

More than 170 units at Concord Houses in the South End neighborhood will stay affordable for at least the next 40 years. MHN – Multi-Housing News | by Holly Dutton January 22, 2019 – LIHC Investment Group announced that the U.S. Department of Housing and...
Summit Plaza ribbon cutting ceremony celebrating over $18M in renovations

Summit Plaza ribbon cutting ceremony celebrating over $18M in renovations

by Gordon Holman | Nov 7, 2018 | LIHC News

Summit Plaza joined LIHC’s portfolio of properties at the end of 2014. Since then, they have invested over $18M in renovations to the property, ranging from new kitchens to new security cameras and trash disposal systems. Jersey City, NJ Last week, LIHC’s partner...
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Recent Posts

  • LIHC Named Top 20 Owner by Multi-Housing News for 2022
  • Risley Dent Towers in Brooklyn Receives $35M in HUD Financing for Rehabilita­tion and to Extend the Affordability of 248 Homes Through 2044
  • Fairstead and LIHC Investment Group announce new ground-up mixed-income development at Essex Plaza in Newark, NJ
  • Fairstead and LIHC Investment Group Announce New Ground-Up Mixed-Income Development at Essex Plaza in Newark, NJ
  • Fairstead, LIHC Acquire NJ Affordable Housing Portfolio

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