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key members to its executive team, moved toward making its first low-income housing tax credit (LIHTC) investment, withdrawn a qualified contract, and resolved two court cases that it […]
Apartment Complex Management Gives Hundreds Of Free Backpacks, School Supplies To Its Residents
EVERETT — April Housing, a recently established affordable housing company hosted a resident backpack and school supplies donation event on Saturday, Aug. 27 ahead of the start of the school year. At the event, April Housing donated around 200 backpacks and various school supplies to residents of Greens of Merrill Creek. Volunteers from local property […]
Blackstone Launches April Housing
More than 90,000 units will be overseen by the new company. Blackstone Real Estate Income Trust has formed April Housing, a new portfolio company that will focus on affordable housing across the United States. The firm will provide solutions and capital to create and preserve affordable housing, including assets within its own portfolio. April Housing’s portfolio will […]
Blackstone Forms New Company for Push Into Affordable Apartments
Blackstone Inc. is forming a company to manage investments in affordable housing as the firm builds an operation to support a new strategic push. The investing giant is hiring veteran lender Alice Carr to lead the new company, called April Housing. Carr, previously head of community development banking for JPMorgan Chase & Co., will oversee an initial […]
