Puerto Rico’s housing market was improving prior to the COVID-19 pandemic, as reflected by price trends and sales in 2019, which were upward-bound due to a lack of available inventory. However, in general, prices have not recovered to pre-2007 levels and COVID-19 may slowdown the recovery process. Those were some of the conclusions of the […]
The El Zorzal Apartments has been included in a group of 46 affordable housing initiatives that will receive funding from the Federal Home Loan Bank of New York’s Affordable Housing Program (AHP), the stateside entity announced. The 24-unit, one-bedroom apartments reserved for the homeless, physically challenged, or mentally challenged population will get $703,540, José R. […]
ACRUVA Capital Partners announced it has entered the Puerto Rico market to lease, option, or buy land to develop affordable housing communities, as well as to acquire, rehabilitate and re-syndicate affordable housing communities in strategically selected markets. ACRUVA Capital Partners was formed as a joint venture with the support of Alliant Capital, its long-term financial […]
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