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Boston & New England  + New England  |  August 21, 2023
Emily Fu
By: Emily Fu

Camber Property Group Closes on $23M Oakland Heights Apartments 

Camber Property Group has acquired and preserved the Oakland Heights Apartments, a 106-unit affordable housing community in Manchester, Connecticut.  

Partnering with the Community Preservation Corporation, Camber obtained a 20-year Housing Assistance Payments contract with the U.S. Department of Housing and Urban Development. The property features a mix of one-bedroom, two-bedroom, and three-bedroom townhomes, with plans for deferred maintenance, sustainability upgrades, and energy efficiency improvements.  

Cushman & Wakefield’s John Alascio, Alex Hernandez, Chuck Kohaut, TJ Sullivan and Jason Blankfein represented the borrower in the transaction. The Fannie Mae loan was provided by Greystone.  

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John Alascio

About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.
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