Housing Diversity Corporation in the News
Press
Housing Diversity Corporation Buys 107-Unit Apartment Building in Seattle for $27.5MM
An apartment complex that was just completed last year in Seattle’s Squire Park neighborhood was sold for $27.5 million, or approximately $257,009 per unit, according to King County public records. The buyer is an entity affiliated with...
L.A. City Council advances five projects in Hollywood, Koreatown, Pico-Union, Silver Lake, and Hancock Park
At its meeting on September 16, votes taken by the Los Angeles City Council served as key steps forward for five different developments in the communities of Hollywood, Koreatown, Pico-Union, Silver Lake, and Hancock Park... In Koreatown,...
OZ Navigator completes site, secures MUP for 271 Rainier Valley apartments
OZ Navigator secured its master use permit in June for a workforce apartment project at 7324 Martin Luther King Jr. Way S. It already owned the north portion of its intended building site. This week, King County recorded the second sale,...
Opportunity Zones And Housing Affordability, With Brad Padden
A housing affordability crisis currently plagues our nation. Can Opportunity Zones be utilized to effect real change that would bring more high density housing stock online? Brad Padden, founder and CEO of Housing Diversity Corporation,...
Ask: Brad Padden
Multifamily housing developer Brad Padden sees the need for attainably priced housing in Bellevue firsthand: He lives within walking distance of areas such as Main Street in Old Bellevue and appreciates the dining, shopping, and other...
Development of ‘attainably priced’ Hollywood apartments moves ahead
(paywall) Housing Diversity Corp. (HDC) said it's received a Letter of Determination for a new 29,000-square-foot apartment development at 6766 Hawthorn Ave. in Hollywood. The seven-story building would contain 58 studio units, including...
Affordable housing project breaks ground in Downtown L.A.
Seattle-based O.Z. Navigator, a partnership between Nitze-Stagen and Housing Diversity Corp., has secured a $29 million loan for a new development in Downtown Los Angeles that broke ground this week. Located at 1317 S. Grand Ave., the...
$41M loan for DTLA micro housing
Seattle-based developer to build 227 flats of around 265 square feet apiece A micro-housing developer has secured a $41.1 million construction loan for a 227-unit apartment complex in Downtown Los Angeles. Seattle-based Housing Diversity...
Koreatown Micro-Unit Project Plans Receive Thumbs Up
The planned eight-story Koreatown micro-housing project will rise on South Mariposa Avenue The Los Angeles planning department has approved plans by Seattle-based micro-housing developer Housing Diversity Corporation for an eight-story,...