News

Lemor Development Group

Lemor Development Group Receives Equity Investment from TruFund's Impact Developers Fund to Accelerate Growth

The preferred equity investment will allow the firm to leverage increased liquidity, fund affordable/workforce housing project development, and grow internal capacity.   

Mount Hope

NCV Capital Partners, Lemor Development Group, Mount Hope & CPC Close $100 Million Deal to Preserve 515 Units of Affordable Housing in the Bronx

Preservation Effort Will Keep Rents Affordable for Tenants at the 13-Building Portfolio in Historic Bronx Community for Decades to Come

$100M Deal to Preserve Affordability in South Bronx

A joint venture led by NCV Capital partners secured debt and equity to fund and rehab a 13-building, 515-unit affordable housing portfolio.

PRC NYCHA

$271 Million Renovation And Revitalization Program To Begin At 16 Manhattan NYCHA Developments

Residents in 1,700 Apartments to Receive New Kitchens and Bathrooms in Addition to Upgrades to Major Building Systems and Enhanced Landscaping and Common Areas

Hundreds Of NYCHA Apartments Getting Makeover

It’s part of a public and private initiative to improve the image of affordable housing.

Balton Commons

Mixed-Use Balton Commons Brings Affordable Housing To 267 West 126th Street In Harlem

A $19-million mixed-use development currently under construction at 267 West 126th Street in Harlem.

Work begins on Balton Commons; Middle-income Passive House with tech hub to rise in Central Harlem

A dignified 37-unit middle-income housing development at 265 West 126th Street is replacing a long-vacant lot in Harlem behind the Apollo Theater. 

Ken Morrison

Notable Black Leaders and Executives 2021: Ken Morrison

Ken Morrison’s career in real estate began when he decided to leave college as a sophomore to join his family’s brokerage business.