Venerable West Coast industrial player sets up shop in the Lehigh Valley.
Steadfast Apartment REIT Expands in Texas
In the latest episode of the NAREIT Podcast, Ella Shaw Neyland, president of Steadfast Apartment REIT, discussed the firm’s latest acquisitions in the Texas market and looked at the broader dynamics of the multifamily market in the United States.
Affordable Housing REIT CDT Expands into Charter Schools
Community Development Trust (CDT) has launched a new platform that provides long-term, fixed-rate financing for charter schools.
Founded in 1998, New York City-based CDT is a private, hybrid REIT that is active on the debt and equity side of affordable housing projects. CDT’s Charter School Lending Program, launched in September, aims to address the problems traditionally faced by charter schools in obtaining suitable financing, said Shelly Cleary, senior vice president of CDT.