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The recent purchase of Link Studios Apartments represents Mt. Baker Housing's first new construction and a rare open-market acquisition by a nonprofit developer for affordable housing.
The current skyscraper building boom falls short of the 80s, the country's busiest building boom by far, when skyscraper construction activity in Dallas was only surpassed by New York City, Chicago and Houston.
The four-story, 68,500 square-foot property is the largest facility for University Medicine, which operates nine other clinics throughout Rhode Island.
Preservation Partners added the 100% leased Headen House (136 units) and Huntington (204 units) Section 8 communities in St. Charles, MD to its portfolio.