An Atlanta housing group has received a $5 million grant from Truist Bank in an effort to improve access to capital for historically under financed minorities, women and rural affordable housing developers in metro Atlanta and Georgia. The nonprofit Atlanta Neighborhood Development Partnership announced Monday that the grant will allow it to leverage $5 million …
Atlanta Housing Group, Truist Bank Form $5M Partnership Read More »
Through a collaboration focused on expanding the growth and success of BIPOC real estate developers, Domos Co-Founder Daniel Alexander was selected as one of 27 developers for the Growing Diverse Housing Developers program. BIPOC real estate developers make up less than 5% of the industry today, and this $40 million initiative — funded by Wells …
Domos Rossmore LLC has concluded the second phase of the 410 North Rossmore project with the completion of new architectural renderings of the building. Domos worked closely with Lorcan O’Herlihy Architects (LOHA) to finalise design and development concepts for the reconfiguration of the property. Domos Rossmore LLC have selected the final design from Lorcan O’Herlihy …
Lorcan O’Herlihy Architects unveil 410 North Rossmore renderings in California Read More »
It’s rare that a policy program aimed at low-income areas across the country garners extensive attention and capital. But the opportunity zone program does just that—making it significantly less expensive for taxable investors to back real estate projects. Opportunity zone prices are already rising 14% (redevelopment) and 20% (land sites). Timing is key! The clock starts …
In the Opportunity Zone: Location. Timing. Captial. Read More »
Housing affordability is a common concern throughout the housing industry. For a good portion of American households— especially more moderate-income families—housing costs are taking a larger portion of the paycheck. Finding affordable housing options has been a growing challenge. Read More at CBRE >
What is old is new again in American cities. People are living with strangers to save money and maintain a higher standard of living than they might enjoy on their own. This time they’re calling it “co-living.” Read More at Recode >
Co-living is becoming more mainstream as people, especially younger workers, continue to move into high-priced urban areas, where rents are soaring and home ownership is practically out of touch. Read More at Atlanta Business Chronicle >
Co-living has become a popular topic in housing development circles as the building industry contemplates new residential delivery models. Read More at World Economic Forum >
The co-living market is rapidly expanding. Of the available investment-grade co-living supply in the US, 55.1% was delivered in 2018 alone, according to research from JLL. By 2021, the co-living supply is expected to increase another 84%. Read More at GlobeSt.com >
The young sector is growing faster than ever and drawing more investment than ever, but does it have a built-in bug? Read More at Commercial Observer >
Domos is creating opportunities for individuals to thrive by preserving, developing, and investing in coliving opportunities across America’s greatest cities.