Section
Investments & Partnerships
Acquisitions, dispositions, portfolio sales, and recapitalizations across affordable housing.
What this section covers
- Property and portfolio acquisitions
- Dispositions and recapitalizations
- Who invested, who partnered, and the sourced numbers
Latest transactions
Yorkshire Apartments
Silver Spring, MD326 units- Buyer
- Donaldson Impact Investments
- New York Life Investment Management
- Housing Initiative Partnership
Value$79.4MUSD 79,400,000 · as sourcedA joint venture of Donaldson Impact Investments, New York Life Investment Management, and nonprofit Housing Initiative Partnership has acquired Yorkshire Apartments, a 326-unit garden-style community in the White Oak area of Silver Spring, Md., in a $79.4 million transaction, the partners announced June 3. Under the mixed-income model, half the units are reserved for households earning up to 60% of area median income, with the remainder market-rate; the venture cited Montgomery County's By-Right PILOT tax-abatement program among the tools supporting the affordability commitment. JPMorgan provided debt financing and JLL served as selling broker, according to the announcement. The seller was not disclosed.
VerifiedAcquisition5 verified sources · Primary: Donaldson Impact Investments — joint acquisition announcementCorrected · 3 cycles
Cycle 3source correction
Cycle 2Source update
Cycle 1Closing date
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