The Neighborhood Developers Acquires Park and Pearl Properties to Preserve Affordable Housing – Chelsea Record

The Neighborhood Developers Acquires Park and Pearl Properties to Preserve Affordable Housing – Chelsea Record

Special to the Record The Neighborhood Developers (TND) has acquired a group of multifamily properties in Chelsea, a move aimed at preserving affordable housing and preventing displacement in the community. The properties include 148 Park Street, 158 Pearl Street, 156–160 Park Street, and 161–165 Pearl Street, totaling 30 residential units. With resources from the Eastern Bank Foundation, Boston Impact Initiative, the City of Chelsea, and the Op…

Joint venture buys 2 North Charleston affordable housing properties - Charleston Business

​ Tesatura and Ellavoz JV acquires 104-unit affordable housing portfolio $15M total financing includes $5M equity from CPC and Freddie Mac loan Capital improvements planned to enhance efficiency and community appeal Properties to remain long-term workforce housing in growing Charleston area A recently formed joint venture has acquired two affordable housing properties in Charleston County with financing totaling $15 million. Tesatura Capit…