Washington, D.C. — Preston Hollow Community Capital has closed on $300 million in tax-exempt bond financing. The loan will consolidate financing of Howard University’s Towers, Drew, Cook, Quad and Axis residence halls in Washington, D.C. Loop Capital Markets served as
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Washington, D.C. — As colleges and universities prepare for fall semester, one of the major questions at hand is whether or not COVID-19 vaccinations will be required for students or employees. The Chronicle of Higher Education has identified 336 campuses
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Washington, D.C. — The National Multifamily Housing Council (NMHC) has published information on accessing rental assistance provided through COVID-19 aid packages. In December 2020, Congress passed the Consolidated Appropriations Act, which allocated $25 billion to the Treasury Department to create
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Washington, D.C. — Freddie Mac and Fannie Mae have hired separate financial advisors to guide the agencies in exiting conservatorship. Freddie Mac has brought on J.P Morgan, and Fannie Mae has hired Morgan Stanley & Co. LLC. Both government-sponsored enterprises (GSEs) are
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Washington, D.C. — Freddie Mac and Fannie Mae have separately announced nationwide initiatives to provide financial relief for their multifamily borrowers and tenants affected by the outbreak of coronavirus disease of 2019 (COVID-19). The two government-sponsored enterprises are enacting programs that allow
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Washington, D.C. — A public-private partnership between Corvias, Howard University and Howard Dormitory Holdings 1 LLC has completed the $35.5 million renovation of Howard Plaza Towers, a 327-unit residence hall.
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Washington, D.C. — Urban Investment Partners (UIP) has acquired a ten-story student housing building from George Washington University (GWU) for $36 million.
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