Power SoCal 2024—Alice Carr and Perica Bell, CEO; Head of Preservation at April Housing
BY CATHY CUNNINGHAM SEPTEMBER 18, 2024 When April Housing was launched in 2022, there was a clear vision for the Blackstone portfolio company: to create and preserve affordable housing at scale. Sitting in the firm’s office in L.A., Alice Carr, Perica Bell and their ever-growing, highly dedicated team are focused on just that. “Blackstone and […]
April Housing’s Alice Carr and Perica Bell On Scaling Affordable Housing
The heads of the Blackstone-backed company use resyndication and other tools to create and preserve homes nationwide BY CATHY CUNNINGHAM SEPTEMBER 3, 2024 It’s been an active summer for many in the commercial real estate industry, and April Housing is certainly no exception. The Blackstone (BX) portfolio company announced it had completed resyndications at four of its […]
April Housing Kicks Off Preservation Program by Resyndicating Texas Properties
The firm will begin renovations on four developments, with more in the pipeline. By Donna Kimura August 28, 2024 April Housing announced that it has completed initial resyndications of four Texas properties with a combined 898 units. The firm has gone through the process of obtaining low-income housing tax credits (LIHTCs) and bonds and lining up […]
April Housing and Dominium Team on Colorado Development
Blackstone has expanded its partnership with Dominium by providing $31 million of tax credit equity for the affordable housing developer’s latest project in Phoenix, Commercial Observer can first report.
Dominium to Build 657 Affordable Units Near Phoenix
Blackstone has expanded its partnership with Dominium by providing $31 million of tax credit equity for the affordable housing developer’s latest project in Phoenix, Commercial Observer can first report.
Fighting Hunger and Promoting Food Security: CoreGiving and the LA Regional Food Bank
At the Los Angeles Regional Food Bank’s City of Industry center, April Housing and CoreGiving partners packed food boxes to combat community insecurity.
Blackstone Provides $31M for Phoenix Seniors Affordable Housing Development
Blackstone has expanded its partnership with Dominium by providing $31 million of tax credit equity for the affordable housing developer’s latest project in Phoenix, Commercial Observer can first report.
Appreciation Luncheon Held for Seniors at Reno Apartment Complex
DIGITAL STAFF — April Housing in Reno held a luncheon Tuesday to show appreciation to its residents. The residents faced isolation during the COVID pandemic so organizers held a get together with an emphasis on health eating.
Blackstone Partners With Dominium on Phoenix Affordable Housing Development
The transaction represents the first LIHTC investment made by Blackstone’s April Housing portfolio company Blackstone is providing $48 million of tax credit equity for Dominium’s new affordable housing development in Phoenix, Commercial Observer can first report. The transaction marks the first Low Income Housing Tax Credit (LIHTC) investment made by April Housing, a Blackstone Real Estate portfolio company. […]
April Housing Takes Key Steps In Its First Months
The firm has made several moves to preserve affordable housing. The pieces are coming together at April Housing. Seven months after its launch, the company has added key members to its executive team, moved toward making its first low-income housing tax credit (LIHTC) investment, withdrawn a qualified contract, and resolved two court cases that it […]
