3 Key Succession Planning Steps for Affordable Housing Developers

At a glance Fill the gap: Many affordable housing developers don’t have succession plans that can ensure the continuity of the business after the owner has left. Appeal to investors: Affordable housing investors often pass on deals for companies that don’t have succession plans in place. Since succession plans often unfold over several years, development…

Read More

Young Adults, Boomers and Families Drive Rise of Class B Apartments

Cash-strapped Millennials, retiring Baby Boomers and middle-income families are driving demand in less expensive Class B multifamily apartments. Class B multifamily apartments tend to be older buildings with fewer amenities and less expensive finishes than their Class A counterparts that command much higher rents. The rise of Class B apartments is also a response to…

Read More

Success Story: A bold housing vision pays off in Atlanta

Centennial Place is one of Atlanta’s most prized commercial properties and a groundbreaking model for urban community development. It features more than 700 mixed-income rental units and 40 mixed-income for-sale townhomes made possible through mixed financing. But, on that site, a crumbling housing project in an unsafe neighborhood once stood. It’s been more than 20…

Read More