Alonzo Mourning, HTG net $55M financing package for affordable housing
NBA hall-of-famer Alonzo Mourning and Housing Trust Group scored a $55.4 million financing package for a Naranja affordable housing complex. The deal comes as the duo has racked up financing in recent years for below-market rate rentals in Miami-Dade County. Mourning, through his AM Affordable Housing, and Coconut Grove-based Housing Trust Group plan the 115-unit Artisan Pointe project at 26115 South Dixie Highway in an unincorporated area of south Miami-Dade County. The four-story complex is under construction with completion expected in January 2028, according to the developers’ news release. The financing package includes $31.5 million in low-income housing tax credit […]This article originally appeared on The Real Deal. Click here to read the full story.
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