The Pickaway Metropolitan Housing Authority (PMHA) acquired Eden Place, a property they had managed for thirty-seven years. Eden Place is a new regulation, Section 202/8 property that serves an elderly population. The property’s rents were quite low, as they were budget-derived, and the property needed an aesthetic uplift! Now that PMHA owns the property, […]
It is an exciting time for Christian Church Homes (CCH) who recently refinanced two of their multifamily Project-Based Section 8 projects in the greater Portland, Oregon area! The Sunstone Team began working with CCH when they decided to prepay their two direct 202 HUD loans. We created the prepayment packages for Mattie Younkin Manor and
Christian Church Homes of Northern California Read More »
Hats off to Vancouver Housing Authority (VHA) for its continued preservation endeavors to improve and sustain existing affordable housing in the city of Vancouver, Washington! Recently VHA closed on a tax credit transaction which will substantially renovate Columbia House (151 units) and Anthem Park (58 units) apartments. Sunstone’s role was to lead the Project-Based
Columbia House Mark Up to Market Read More »
