Mark Fogarty • 7 min read
The pandemic put a lot of stress on the retail sector, as health-conscious consumers turned to online shopping and started skipping trips to the local mall.
Mark Fogarty • 7 min read
Developers of Low Income Housing Tax Credit projects are used to the concept of complicated capital stacks for their deals.
Ethan Finlan • 7 min read
Since 2018, the City of Baltimore, the Housing Authority of Balti-more City (HABC), planners, architects and developers have been working on a comprehensive redevelopment of a large public housing project near the city’s famous Inner Harbor.
Mark Fogarty • 6 min read
The California city of Santa Barbara is an affluent place. Oprah Winfrey lives there. President Reagan had his ranch there. But its commercial district was starting to look ragged post-pandemic, with stores going out of business due to online competition from Amazon and others.
Mark Fogarty • 6 min read
John B. Cruz III is a raconteur. You’ll learn a lot from listening for an hour to this dignified, elderly developer, head of the Cruz Companies in Boston.
Mark Fogarty • 7 min read
It would be nice if affordable multifamily housing could be financed all in one shot, but it never is.
Mark Fogarty • 7 min read
The Department of Housing and Urban Development’s (HUD) Rental Assistance Demonstration (RAD) program was a big idea: to raise money to rehabilitate crumbling old public housing properties by raising private equity and converting the buildings into project-based Section 8 developments.
Mark Fogarty • 6 min read
“Failure to launch” is a term sometimes used to describe young people who haven’t yet found their place in adult life.
Mark Fogarty • 6 min read
The sound environment around a housing project can be a great addition to the amenities of a property – or an albatross around its neck.
Mark Fogarty • 5 min read
Belongó. It’s an evocative term, containing not only the English word “belong” but a Cuban one meaning to cast a spell.
Mark Fogarty • 5 min read
Faith-based affordable housing development is on the rise, and a good example of it can be found in Tacoma, WA where Shiloh Baptist Church is turning two parcels of land it owns into 60 units of housing for vulnerable populations.
Mark Fogarty • 6 min read
Since the Briscoe School in Beverly, MA was a functioning educational facility as recently as 2018, it is likely that at least some of the seniors soon to be living in its adaptive reuse as housing will have memories of learning the Three Rs there (reading, wRiting and aRithmetic).