Affordable Housing Finance features Community Investment Strategies
Mixed-use properties can enrich the lives of residents and bring important amenities to a neighborhood. However, these projects come with another level of complexity.
They’ve become even tougher to develop during the COVID-19 pandemic when few new stores and restaurants are opening and existing ones are shutting their doors. Lenders have also become more cautious about financing and underwriting the commercial portion of a project.
Four experienced developers—Christiana Foglio, founder and CEO of Community Investment Strategies; Charlton Hamer, senior vice president of Habitat Affordable Group; Matt Schwartz, co-CEO of The Domain Cos.; and Jenny Wu, director of development at Jonathan Rose Cos.—share their insights into mixed-use developments....Continue reading...