real_estate_investment

Irvine, Calif. – September 12, 2026 -- WNC & Associates, Inc. has closed a $66.3 million affordable housing fund in California, its 23rd consecutive state-focused vehicle for institutional investors, as the family-owned firm marks 55 years of operations.

Fund CA23 finances six new-construction properties totaling 650 homes

WNC Institutional Tax Credit Fund X California Series 23, L.P. will help four developers complete projects across Los Angeles, San Benito, and San Diego counties. All six properties target families using 4% Low-Income Housing Tax Credits, with 25 units backed by Section 8 rental assistance vouchers.

WNC's 23 California funds have raised nearly $1.5 billion since inception

The consecutive fund series has supported 161 affordable housing properties representing 15,573 homes and $4.2 billion in total development costs, spanning 34 counties across urban, suburban, and rural communities in the state.

Fort Lauderdale, Fla. – September 09, 2026 -- Coastal rental and multifamily property owners in South Florida face escalating insurance premiums, strict municipal rental rules, and elevated maintenance costs that directly affect cash flow, according to a new analysis featuring Howard Goldberg, Real Estate Expert with RE/MAX Consultants Realty 1.

Flood and wind coverage requirements drive up renewal costs for beachfront owners

Properties near the ocean typically require flood coverage, wind protection, and higher deductibles, expenses that can rise sharply at policy renewal. For multifamily assets, a single policy change affects multiple units simultaneously, increasing the need for financial buffers and consistent oversight across the portfolio.

Austin, Texas – September 07, 2026 -- Direct Equity Source has acquired three self-storage properties in Granbury, Texas, in partnership with its operations partner, expanding its real estate portfolio in one of North Texas' fastest-growing communities.

Firm targets recession-resistant assets amid population growth

The Granbury acquisitions add to Direct Equity Source's strategy of building income-producing real estate holdings across Texas and other high-growth U.S. markets. The firm cited the region's population growth, rising demand for storage solutions, and a resilient local economy as key drivers behind the deal.