CARMEL, Ind. (Oct, 2019) – Mortgage banking company Merchants Capital has secured $5.1 million in financing for an affordable housing development in Dade City, Florida – one of the first to close under the Low-Income Housing Tax Credit (LIHTC) Pilot program. The loan was secured on behalf of Arbour Valley Communities. The 40-year 221(d)(4) New… Read more »
It’s been an exciting year at Arbour Valley full of recogntion for the great work by our team. Arbour Valley has been nominated for Management Company of the Year with the Greater Birmingham Apartment Association (GBAA). Two of our regionals, Hope Watwood and Ebony Gunn, have also been nominated as Regional Manager of the Year… Read more »
Panel Discussion: National Council of Housing Market Analysts Nashville, TN November 12, 2019 Arbour Valley Communities in conjunction with Florida Housing Finance Corporation and Vogt Strategic Insights, a market research firm, discussed Florida’s first “Average Income” property. Arbour Valley’s new 80-unit family development in Dade City, FL, Arbours at Hester Lake, was used as a… Read more »
Arbour Valley is honored to announce a corporate partnership with Hatching Hope, a charity that supports displaced apartment home residents following a fire or natural disaster. Founder and 20-year multifamily industry veteran Keli Lynch-Wright was inspired to start Hatching Hope after seeing the devastation caused by fire in the apartment communities she’d worked in and… Read more »
Arbour Valley has been selected as the Developer Partner of the Alachua County Housing Authority. Having recently completed the development of the mid-rise Arbours at Tumblin Creek, which provides affordable housing for veterans and elderly residents of Gainesville, Florida, Arbour Valley Communities is pleased to continue investing in the Alachua County market. Arbour Valley will… Read more »
As one of the community’s major stakeholders, Arbour Valley was invited to present at the City of Gainesville Affordable Housing symposium. During this symposium, principal Steve Lowitz and area manager Doris Munshower discussed best practices with the local development and management community, other area developers, and financing sources.
Arbour Valley Communities hosted its 9th Annual Manager’s meeting in Destin, FL in May. Arbour Valley Management President Stephanie Tinney remarked, “The Annual Meeting is an excellent opportunity to collaborate with peers, brainstorm new ideas, soak in a little training and have a little fun while celebrating our prior year accomplishments.” This year’s themes were… Read more »
Arbour Valley Communities has completed the installation of a large-scale solar array and power generating system at its Arbours at Crown Point 240-unit apartment complex in Ocoee, Florida. Chris Maingot, principal of Universal Solar, Arbour Valley’s solar contractor, commented, “We have installed many solar power generating systems, but we only rarely see it done at… Read more »