Daily Archives: July 30, 2022

Avanti Residential Completes $181 Million Acquisition of 360-Unit Soleste Grand Central Luxury Apartment Community in Miami

MIAMI, FL – Denver-based Avanti Residential has acquired Soleste Grand Central, a newly built luxury 360-unit apartment community in downtown Miami. Avanti purchased the Class A multifamily community for $181 million from The Estate Companies, who developed the project in 2021 and achieved 95% occupancy in six months amid ongoing strong demand for high quality […]

District of Columbia Housing Finance Agency Expands Affordable Housing Investments With Shepherd Park in Ward 4 Neighborhood

WASHINGTON, DC – The District of Columbia Housing Finance Agency (DCHFA) closed out the month of June by financing the construction of Shepherd Park Apartments. DCHFA issued $16.3 million in tax exempt bonds and underwrote $1.8 million in Low Income Housing Tax Credits for the construction of 66 new affordable apartments at 7428 Georgia Avenue […]